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INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 30, 2018
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 six months ended June 30, 2018:
| December 31, 2017 |  | Borrowings |  | Repayments |  | Other(4) |  | June 30, 2018
Revolving loans | $ | — |  |  | $ | 129.0 |  |  | $ | (33.0 | ) |  | $ | — |  |  | $ | 96.0 |
Term loan(1) | 347.7 |  |  | — |  |  | — |  |  | 0.2 |  |  | 347.9 |
Trade receivables financing arrangement(2) | — |  |  | 32.0 |  |  | (10.0 | ) |  | — |  |  | 22.0 |
Other indebtedness(3) | 9.1 |  |  | 13.3 |  |  | (14.4 | ) |  | — |  |  | 8.0 |
Total debt | 356.8 |  |  | $ | 174.3 |  |  | $ | (57.4 | ) |  | $ | 0.2 |  |  | 473.9 |
Less: short-term debt | 7.0 |  |  |  |  |  |  |  |  | 124.1 |
Less: current maturities of long-term debt | 0.5 |  |  |  |  |  |  |  |  | 9.2 |
Total long-term debt | $ | 349.3 |  |  |  |  |  |  |  |  | $ | 340.6 |
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(1) | The term loan is repayable in quarterly installments of 1.25% of the initial loan amount of $350.0, beginning in the first quarter of 2019, with the remaining balance payable in full on December 19, 2022. Balances are net of unamortized debt issuance costs of $2.1 and $2.3 at June 30, 2018 and December 31, 2017, respectively.
(2) | Under this arrangement, we can borrow, on a continuous basis, up to $50.0, as available. At June 30, 2018, we had $21.9 of available borrowing capacity under this facility after giving effect to outstanding borrowings of $22.0. Borrowings under this arrangement are collateralized by eligible trade receivables of certain of our businesses.
(3) | Primarily includes balances under a purchase card program of $3.1 and $2.8, capital lease obligations of $1.9 and $2.1, and borrowings under a line of credit in China totaling $3.0 and $4.1 at June 30, 2018 and December 31, 2017, 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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