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DEBT AND CREDIT FACILITIES (Tables) | 3 Months Ended
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Mar. 31, 2017
Debt Disclosure [Abstract] |
Schedule Of Long-Term Debt | The following represents a summary of our long-term debt as of March 31, 2017 and December 31, 2016:
($ in Millions)
March 31, 2017
Debt Instrument |  | Annual Effective Interest Rate |  | Total Principal Amount |  | Debt Issuance Costs |  | Unamortized Discounts |  | Total Debt
Secured Notes |  |  |  |  |  |  |  |  |  |
$540 Million 8.25% 2020 First Lien Notes |  | 9.97% |  | $ | 540.0 |  |  | $ | (7.4 | ) |  | $ | (24.0 | ) |  | $ | 508.6 |
Unsecured Notes |  |  |  |  |  |  |  |  |  |
$400 Million 5.90% 2020 Senior Notes |  | 5.98% |  | 88.9 |  |  | (0.2 | ) |  | (0.2 | ) |  | 88.5 |
$500 Million 4.80% 2020 Senior Notes |  | 4.83% |  | 122.4 |  |  | (0.3 | ) |  | (0.1 | ) |  | 122.0 |
$700 Million 4.875% 2021 Senior Notes |  | 4.89% |  | 138.4 |  |  | (0.4 | ) |  | (0.1 | ) |  | 137.9 |
$500 Million 5.75% 2025 Senior Notes |  | 5.75% |  | 500.0 |  |  | (8.3 | ) |  | — |  |  | 491.7 |
$800 Million 6.25% 2040 Senior Notes |  | 6.34% |  | 298.4 |  |  | (2.5 | ) |  | (3.4 | ) |  | 292.5 |
ABL Facility |  | N/A |  | 550.0 |  |  | N/A |  |  | N/A |  |  | — |
Fair Value Adjustment to Interest Rate Hedge |  |  |  |  |  |  |  |  |  | 1.7 |
Long-term debt |  |  |  |  |  |  |  |  |  | $ | 1,642.9 |
($ in Millions)
December 31, 2016
Debt Instrument |  | Annual Effective Interest Rate |  | Total Principal Amount |  | Debt Issuance Costs |  | Undiscounted Interest/(Unamortized Discounts) |  | Total Debt
Secured Notes |  |  |  |  |  |  |  |  |  |
$540 Million 8.25% 2020 First Lien Notes |  | 9.97% |  | $ | 540.0 |  |  | $ | (8.0 | ) |  | $ | (25.7 | ) |  | $ | 506.3 |
$218.5 Million 8.00% 2020 1.5 Lien Notes |  | N/A |  | 218.5 |  |  | — |  |  | 65.7 |  |  | 284.2 |
$544.2 Million 7.75% 2020 Second Lien Notes |  | 15.55% |  | 430.1 |  |  | (5.8 | ) |  | (85.2 | ) |  | 339.1 |
Unsecured Notes |  |  |  |  |  |  |  |  |  |
$400 Million 5.90% 2020 Senior Notes |  | 5.98% |  | 225.6 |  |  | (0.6 | ) |  | (0.5 | ) |  | 224.5 |
$500 Million 4.80% 2020 Senior Notes |  | 4.83% |  | 236.8 |  |  | (0.7 | ) |  | (0.2 | ) |  | 235.9 |
$700 Million 4.875% 2021 Senior Notes |  | 4.89% |  | 309.4 |  |  | (1.0 | ) |  | (0.2 | ) |  | 308.2 |
$800 Million 6.25% 2040 Senior Notes |  | 6.34% |  | 298.4 |  |  | (2.5 | ) |  | (3.4 | ) |  | 292.5 |
ABL Facility |  | N/A |  | 550.0 |  |  | N/A |  |  | N/A |  |  | — |
Fair Value Adjustment to Interest Rate Hedge |  |  |  |  |  |  |  |  |  | 1.9 |
Total debt |  |  |  |  |  |  |  |  |  |  | $ | 2,192.6 |
Less current portion |  |  |  |  |  |  |  |  |  | 17.5 |
Long-term debt |  |  |  |  |  |  |  |  |  | $ | 2,175.1 |
Schedule of Extinguishment of Debt [Table Text Block] | The following is a summary of the debt extinguished during the three months ended March 31, 2017:
($ In Millions)
|  | Debt Extinguished |  | Gain (Loss) on Extinguishment 1
Secured Notes |  |  |  |
$218.5 Million 8.00% 2020 1.5 Lien Notes |  | $ | 218.5 |  |  | $ | 45.1 |
$544.2 Million 7.75% 2020 Second Lien Notes |  | 430.1 |  |  | (104.5 | )
Unsecured Notes |  |  |  |
$400 Million 5.90% 2020 Senior Notes |  | 136.8 |  |  | (7.8 | )
$500 Million 4.80% 2020 Senior Notes |  | 114.4 |  |  | (1.9 | )
$700 Million 4.875% 2021 Senior Notes |  | 171.0 |  |  | (2.8 | )
|  | $ | 1,070.8 |  |  | $ | (71.9 | )
1 Includes write-off of undiscounted interest, unamortized discounts and debt issuance costs. In addition, we paid premiums of $44.7 million related to the redemption of our notes.
Schedule of Maturities of Long-term Debt | Debt Maturities The following represents a summary of our maturities of debt instruments, excluding borrowings on the ABL Facility, based on the principal amounts outstanding at March 31, 2017:
| (In Millions)
| Maturities of Debt
2017 (April 1 - December 31) | $ | — |
2018 | — |
2019 | — |
2020 | 751.3 |
2021 | 138.4 |
2022 | — |
2023 and thereafter | 798.4 |
Total maturities of debt | $ | 1,688.1 |

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