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INDEBTEDNESS (Tables) | 9 Months Ended
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Sep. 30, 2017
Debt Disclosure [Abstract] |
Schedule of debt activity (both current and non-current) | The following summarizes our debt activity (both current and non-current) for the nine months ended September 30, 2017:
| December 31, 2016 |  | Borrowings |  | Repayments |  | Other(4) |  | September 30, 2017
Revolving loans | $ | — |  |  | $ | 46.4 |  |  | $ | (46.4 | ) |  | $ | — |  |  | $ | — |
Term loan (1) | 339.6 |  |  | — |  |  | (13.1 | ) |  | 0.3 |  |  | 326.8 |
Trade receivables financing arrangement (2) | — |  |  | 70.0 |  |  | (39.0 | ) |  | — |  |  | 31.0 |
Other indebtedness (3) | 16.6 |  |  | 25.6 |  |  | (33.4 | ) |  | 1.4 |  |  | 10.2 |
Total debt | 356.2 |  |  | $ | 142.0 |  |  | $ | (131.9 | ) |  | $ | 1.7 |  |  | 368.0 |
Less: short-term debt | 14.8 |  |  |  |  |  |  |  |  | 39.0 |
Less: current maturities of long-term debt | 17.9 |  |  |  |  |  |  |  |  | 18.0 |
Total long-term debt | $ | 323.5 |  |  |  |  |  |  |  |  | $ | 311.0 |
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(1) | The term loan is repayable in quarterly installments of 1.25% of the original loan balance of $350.0. The remaining balance is repayable in full on September 24, 2020. Balances are net of unamortized debt issuance costs of $1.3 and $1.6 at September 30, 2017 and December 31, 2016, respectively.
(2) | Under this arrangement, we can borrow, on a continuous basis, up to $50.0, as available. At September 30, 2017, we had $18.3 of available borrowing capacity under this facility.
(3) | Primarily includes balances under a purchase card program of $3.6 and $3.9, capital lease obligations of $2.2 and $1.7, and borrowings under lines of credit in South Africa and China totaling $4.1 and $10.2 at September 30, 2017 and December 31, 2016, respectively. The purchase card program allows for payment beyond the normal payment terms for goods and services acquired under the program. As this arrangement extends the payment of these purchases beyond their normal payment terms through third-party lending institutions, we have classified these amounts as short-term debt.
(4) | “Other” primarily includes debt assumed, foreign currency translation on any debt instruments denominated in currencies other than the U.S. dollar, and the impact of amortization of debt issuance costs associated with the term loan.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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