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DEBT AND CREDIT FACILITIES (Narrative) (Details) $ in Millions | 6 Months Ended |  |
--- | --- | --- | ---
Jun. 30, 2015 USD ($) | Mar. 30, 2015 USD ($) | Dec. 31, 2014 USD ($)
Line of Credit Facility [Line Items] |  |  |  |  |
Letters of credit outstanding | $ 198.0 |  |  | $ 149.5 |
Five hundred forty million Eight point two five Twenty twenty First Lien Notes [Member] |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |
Stated interest rate | 8.25% |  |  |  |
Repurchase Price of $540M 8.25% Notes if Triggering Event Occurs | 1.01 |  |  |  |
Initial Redemption Price | 1.0825 |  |  |  |
Redemption Price after 2018 | 1 |  |  |  |
Redemption Price from time to time and Prior to March 31, 2018 | 1 |  |  |  |
Amount in aggregate that can be redeemed on or prior to March 31, 2018 | 0.35 |  |  |  |
Redemption Price of 35 percent or less of Outstanding | 1.0825 |  |  |  |
Amount to Remain Outstanding Prior to March 31, 2018 | 0.65 |  |  |  |
In the Event of Default Amount that will Accelerate | 0.25 |  |  |  |
Debt Instrument, Par Value | $ 540.0 |  |  |  |
Five hundred Forty-four Million Seven Point Seven Five Twenty Twenty Second Lien Notes [Member] |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |
Stated interest rate | 7.75% |  |  |  |
Initial Redemption Price | 1.03875 |  |  |  |
Redemption Price beginning March 31, 2019 | 1 |  |  |  |
Redemption Price from time to time and Prior to March 31, 2017 | 1 |  |  |  |
Amount in aggregate that can be redeemed on or prior to March 31, 2017 | 0.35 |  |  |  |
Redemption Price of 35 percent or less of Outstanding | 1.0775 |  |  |  |
Amount to Remain Outstanding Prior to March 31, 2018 | 0.65 |  |  |  |
Debt Instrument, Par Value | $ 544.2 |  |  |  |
Revolving Credit Facility [Member] |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |
Revolving credit facility, borrowing capacity | 532.7 |  |  |  |
Credit facility, amount outstanding | 0.0 | [1] |  | 0.0 | [2]
Debt Instrument, Par Value | 550.0 |  | $ 900.0 | 1,125.0 |
U.S. Tranche | 450.0 |  |  |  |
Sublimit for Issuers of Letters of Credit for U.S. Tranche | 250.0 |  |  |  |
Sublimit for U.S. Swingline Loans | 100.0 |  |  |  |
Australian Tranche | 100.0 |  |  |  |
Sublimit for Issuance of Letters of Credit for Australian Tranche | 50.0 |  |  |  |
Sublimit for Australian Swingline Loans | 20.0 |  |  |  |
Credit facility remaining capacity | $ 332.6 |  |  | 975.5 |
LIBOR Rate Based on a One-month interest period plus 1 percent | 0.01 |  |  |  |
Fixed Charge Coverage Ratio | 1.0 |  |  |  |
Letters of credit outstanding | $ 198.0 |  |  | $ 149.5 |
Foreign Exchange Hedge Obligations | $ 2.1 |  |  |  |
Revolving Credit Facility [Member] | Minimum [Member] |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |
Base Rate | 0.005 |  |  |  |
Revolving Credit Facility [Member] | Maximum [Member] |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |
Base Rate | 0.01 |  |  |  |
[1] | As of June 30, 2015, no loans were drawn under the ABL Facility and we had total availability of $532.7 million as a result of borrowing base limitations. As of June 30, 2015, the principal amount of letter of credit obligations totaled $198.0 million and foreign exchange hedge obligations totaled $2.1 million, thereby further reducing available borrowing capacity on our ABL Facility to $332.6 million.
[2] | As of December 31, 2014, we had no revolving loans drawn under the revolving credit agreement which had $1.125 billion availability. As of December 31, 2014, the principal amount of letter of credit obligations totaled $149.5 million, thereby further reducing available borrowing capacity on the revolving credit agreement to $975.5 million.

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