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INDEBTEDNESS (Details) - USD ($) | 9 Months Ended |
--- | --- | ---
Sep. 30, 2017 | Dec. 31, 2016
Debt |  |  |
Balance at the beginning of the period |  | $ 356,200,000 |
Borrowings |  | 142,000,000 |
Repayments |  | (131,900,000) |
Other | [1] | 1,700,000 |
Balance at the end of the period |  | 368,000,000 |
Less: short-term debt |  | 39,000,000 | $ 14,800,000
Less: current maturities of long-term debt |  | 18,000,000 | 17,900,000
Total long-term debt |  | 311,000,000 | 323,500,000
Debt issuance costs |  | 1,300,000 | 1,600,000
Trade receivables financing arrangement |  |  |
Debt |  |  |
Balance at the beginning of the period | [2] | 0 |
Borrowings | [2] | 70,000,000 |
Repayments | [2] | (39,000,000) |
Other | [1],[2] | 0 |
Balance at the end of the period | [2] | 31,000,000 |
Maximum borrowing capacity |  | 50,000,000 |
Amount of available borrowing capacity |  | 18,300,000 |
Other indebtedness |  |  |
Debt |  |  |
Balance at the beginning of the period | [3] | 16,600,000 |
Borrowings | [3] | 25,600,000 |
Repayments | [3] | (33,400,000) |
Other | [1],[3] | 1,400,000 |
Balance at the end of the period | [3] | 10,200,000 |
Purchase card programs |  | 3,600,000 | 3,900,000
Capital lease obligations included in other indebtedness |  | 2,200,000 | 1,700,000
Revolving loans | Current Revolving SPX Facilities |  |  |
Debt |  |  |
Balance at the beginning of the period |  | 0 |
Borrowings |  | 46,400,000 |
Repayments |  | (46,400,000) |
Other | [1] | 0 |
Balance at the end of the period |  | 0 |
Term loans | Current SPX Term Loan Facilities |  |  |
Debt |  |  |
Balance at the beginning of the period | [4] | 339,600,000 |
Borrowings | [4] | 0 |
Repayments | [4] | (13,100,000) |
Other | [1],[4] | 300,000 |
Balance at the end of the period | [4] | $ 326,800,000 |
Initial principal amount of the term loan to be repaid annually in quarterly installments (as a percent) |  | 1.25% |
Original loan balance |  | $ 350,000,000.0 |
Foreign credit instrument facility | Other indebtedness | South Africa and China |  |  |
Debt |  |  |
Borrowings under line of credit |  | $ 4,100,000 | $ 10,200,000
[1] | “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.
[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] | 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.

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