XML 66 R46.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Long-Term and Other Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Debt Disclosure [Abstract] |
Schedule of debt outstanding | The following reflects outstanding debt as of the dates indicated below:
|  | As of December 31, |  |
|  | 2016 |  |  |  | 2015
|  | Final Maturity |  | Rate(s) |  | Face Value |  | Unamortized debt discount |  | Unamortized deferred financing costs |  | Book Value |  | Book Value
Senior Secured Credit Facilities (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolver |  | 2018 |  | variable |  |  | $ | 45.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 45.0 |  |  | $ | 95.0 |
Term Loan B-1 |  | 2020 |  | variable |  |  | 2,231.0 |  |  | (6.1 | ) |  | (41.4 | ) |  | 2,183.5 |  |  | 2,193.7 |
Term Loan B-2 |  | 2021 |  | variable |  |  | 1,960.0 |  |  | (13.7 | ) |  | (40.5 | ) |  | 1,905.8 |  |  | 1,914.1 |
Senior Notes: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Secured Notes (1) |  | 2022 |  | 7.000 | % |  | 950.0 |  |  | — |  |  | (13.7 | ) |  | 936.3 |  |  | 933.6 |
Unsecured Notes |  | 2022 |  | 10.000 | % |  | 2,200.0 |  |  | — |  |  | (36.0 | ) |  | 2,164.0 |  |  | 2,157.9 |
Subordinated Notes: |  |  |  |  |  |  |  |  |  |  |  |  |  |
2018 Notes (1) |  | 2018 |  | 8.125 | % |  | 250.0 |  |  | — |  |  | (1.3 | ) |  | 248.7 |  |  | 248.0 |
2020 Notes |  | 2020 |  | 6.250 | % |  | 243.5 |  |  | — |  |  | (2.3 | ) |  | 241.2 |  |  | 296.4 |
2021 Notes |  | 2021 |  | 6.625 | % |  | 340.6 |  |  | (1.5 | ) |  | (4.6 | ) |  | 334.5 |  |  | 342.6 |
Capital lease obligations |  | 2019 |  | 3.900 | % |  | 15.2 |  |  | — |  |  | — |  |  | 15.2 |  |  | 25.7 |
Total long-term debt outstanding |  |  |  |  |  | $ | 8,235.3 |  |  | $ | (21.3 | ) |  | $ | (139.8 | ) |  | $ | 8,074.2 |  |  | $ | 8,207.0 |
Less: current portion of long-term debt |  |  |  |  |  |  |  |  |  |  |  | (49.3 | ) |  | (50.3 | )
Long-term debt, excluding current portion |  |  |  |  |  |  |  |  |  |  |  | $ | 8,024.9 |  |  | $ | 8,156.7 |
Fair value of debt (2) |  |  |  |  |  | $ | 8,221.8 |  |  |  |  |  |  |  |  |
______________________________________ (1) Refer to the discussion relating to the February 2017 Financing described herein. (2) Fair value of our fixed rate and variable interest rate debt as of December 31, 2016 approximated $8,221.8 million based on quoted market prices for our securities. We classify the fair value of debt within level 2 in the fair value hierarchy.
Schedule of debt and capital lease payments due over the next five years and beyond | The following reflects debt and capital lease payments due over the next five years and beyond as of December 31, 2016:
|  | Total |  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | After 2021
Senior Secured Credit Facilities |  | $ | 4,236.0 |  |  | $ | 43.0 |  |  | $ | 88.0 |  |  | $ | 43.0 |  |  | $ | 2,182.0 |  |  | $ | 1,880.0 |  |  | $ | — |
Senior Notes |  | 3,150.0 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,150.0 |
Subordinated Notes |  | 834.1 |  |  | — |  |  | 250.0 |  |  | — |  |  | 243.5 |  |  | 340.6 |  |  | — |
Capital lease obligations, payable monthly through 2019 |  | 15.2 |  |  | 6.3 |  |  | 6.5 |  |  | 2.4 |  |  | — |  |  | — |  |  | — |
Total long-term debt outstanding |  | $ | 8,235.3 |  |  | $ | 49.3 |  |  | $ | 344.5 |  |  | $ | 45.4 |  |  | $ | 2,425.5 |  |  | $ | 2,220.6 |  |  | $ | 3,150.0 |
Unamortized deferred financing costs and discount |  | (161.1 | ) |  |  |  |  |  |  |  |  |  |  |  |
Total debt book value |  | $ | 8,074.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration