XML 39 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Long-Term Debt
Long-term debt consists of the following:
 
June 30,
2014
 
December 31,
2013
6.75% Senior Notes due 2018
$
396.7

 
$
396.3

5.5% Senior Notes due 2020
350.0

 
350.0

Term loan facility due 2016
500.0

 
500.0

Revolving credit facility due 2016
365.0

 
300.0

Mortgage facility (1)
190.1

 
194.7

Capital leases and other debt
81.4

 
98.9

 
1,883.2

 
1,839.9

Less: current maturities
(17.5
)
 
(30.1
)
Long-term debt, net of current maturities
$
1,865.7

 
$
1,809.8

(1) The mortgage facility requires monthly principal and interest payments of $1.7 million based on a fixed amortization schedule with a balloon payment of $155.4 million due November 2017.
Leverage Ratio And Capitalization Ratio Under The Terms Of The Amended Credit Agreement
Under the terms of our credit agreement, at June 30, 2014, our leverage ratio and capitalization ratio were as follows:
 
June 30, 2014
 
Requirement
 
Actual
Leverage ratio
≤ 3.75x
 
2.19x
Capitalization ratio
≤ 65.0%
 
56.6%