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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Summary of Long-Term Debt and Related Weighted Average Interest Rates
A summary of long-term debt and the related weighted average interest rates is shown below (in millions):
December 31,
2014
 
2013
Debt Instrument
Long-Term
Debt
 
Weighted
Average
Interest Rate
 
Long-Term
Debt
 
Weighted
Average
Interest Rate
7.875% Senior Notes due 2018
$

 
N/A
 
$
278.8

 
8.00%
8.125% Senior Notes due 2020
243.7

 
8.25%
 
278.3

 
8.25%
4.75% Senior Notes due 2023
500.0

 
4.75%
 
500.0

 
4.75%
5.375% Senior Notes due 2024
325.0

 
5.375%
 

 
N/A
5.25% Senior Notes due 2025
650.0

 
5.25%
 

 
N/A
 
1,718.7

 
 
 
1,057.1

 
 
Less — Current portion
(243.7
)
 
 
 

 
 
Long-term debt
$
1,475.0

 
 
 
$
1,057.1

 
 
Schedule of Debt Redemption Rates
The Company may redeem the 2025 Notes, in whole or in part, on or after January 15, 2020, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.
Twelve-Month Period Commencing January 15,
2025 Notes
2020
102.625%
2021
101.750%
2022
100.875%
2023 and thereafter
100.000%
The Company may redeem the 2023 Notes, in whole or in part, on or after January 15, 2018, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.
Twelve-Month Period Commencing January 15,
2023 Notes
2018
102.375%
2019
101.583%
2020
100.792%
2021 and thereafter
100.000%
e Company may redeem the 2024 Notes, in whole or in part, on or after March 15, 2019, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.
Twelve-Month Period Commencing March 15,
2024 Notes
2019
102.688%
2020
101.792%
2021
100.896%
2022 and thereafter
100.000%
Schedule of Maturities of Long-term Debt
Including these subsequent events, scheduled maturities for the five succeeding years, as of the date of this Report, are shown below (in millions):
2015
$
254.4

2016
21.8

2017
34.4

2018
46.9

2019
37.5