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v3.20.2

INDEBTEDNESS (Details) - USD ($) | 1 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
Mar. 28, 2020 | Jun. 27, 2020 | Jun. 27, 2020 | Dec. 31, 2019
Debt |  |  |  |
Balance at the beginning of the period |  | $ 393,500,000 |  |
Borrowings |  | 243,700,000 |  |
Repayments |  | (120,100,000) |  |
Other |  | 800,000 |  |
Balance at the end of the period |  | 517,900,000 |  |
Less: short-term debt |  |  | $ 266,800,000 | $ 142,600,000
Less: current maturities of long-term debt |  |  | 4,100,000 | 1,000,000.0
Total long-term debt |  |  | 247,000,000.0 | 249,900,000
Outstanding borrowings |  | 517,900,000 | 517,900,000 | 393,500,000
Trade receivables financing arrangement |  |  |  |
Debt |  |  |  |
Balance at the beginning of the period |  | 0 |  |
Borrowings |  | 65,000,000.0 |  |
Repayments |  | (30,000,000.0) |  |
Other |  | 0 |  |
Balance at the end of the period |  | 35,000,000.0 |  |
Maximum borrowing capacity |  |  | 50,000,000.0 |
Amount of available borrowing capacity |  |  | 9,300,000 |
Outstanding borrowings |  | 35,000,000.0 | 35,000,000.0 | 0
Other indebtedness |  |  |  |
Debt |  |  |  |
Balance at the beginning of the period |  | 5,300,000 |  |
Borrowings |  | 0 |  |
Repayments |  | (1,400,000) |  |
Other |  | 600,000 |  |
Balance at the end of the period |  | 4,500,000 |  |
Outstanding borrowings |  | 4,500,000 | 4,500,000 | 5,300,000
Purchase card programs |  |  | 1,800,000 | 2,600,000
Capital lease obligations |  |  | 2,700,000 | 2,700,000
Revolving loans | Current Revolving SPX Facilities |  |  |  |
Debt |  |  |  |
Balance at the beginning of the period |  | 140,000,000.0 |  |
Borrowings |  | 178,700,000 |  |
Repayments |  | (88,700,000) |  |
Other |  | 0 |  |
Balance at the end of the period |  | 230,000,000.0 |  |
Proceeds from line of credit | $ 100,000,000.0 |  |  |
Outstanding borrowings |  | 230,000,000.0 | 230,000,000.0 | 140,000,000.0
Term loans | Current SPX Term Loan Facilities |  |  |  |
Debt |  |  |  |
Balance at the beginning of the period |  | 248,200,000 |  |
Borrowings |  | 0 |  |
Repayments |  | 0 |  |
Other |  | 200,000 |  |
Balance at the end of the period |  | 248,400,000 |  |
Original loan balance |  |  | 250,000,000.0 |
Debt issuance costs |  |  | 1,600,000 | 1,800,000
Outstanding borrowings |  | $ 248,400,000 | $ 248,400,000 | $ 248,200,000
Term loans | Current SPX Term Loan Facilities | 2021 |  |  |  |
Debt |  |  |  |
Periodic payment (as a percent of principal) |  | 0.625% |  |
Term loans | Current SPX Term Loan Facilities | 2022 and 2023 |  |  |  |
Debt |  |  |  |
Periodic payment (as a percent of principal) |  | 1.25% |  |
Term loans | Current SPX Term Loan Facilities | 2024 |  |  |  |
Debt |  |  |  |
Periodic payment (as a percent of principal) |  | 1.25% |  |

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