Debt and Credit Facilities (Tables)

12 Months Ended

Dec. 31, 2012

Our total debt outstanding consisted of the amounts set forth on the following table:


	December 31, 2012		December 31, 2011
Short-term borrowings	$	39.2	$	34.5
Current portion of long-term debt		1.8		1.9

Total current debt		41.0		36.4
5.625% Senior Notes due July 2013, less unamortized discount of $0.3 in 2011⁽¹⁾⁽²⁾		—		401.0
12% Senior Notes due February 2014⁽¹⁾		153.4		156.3
Term Loan A Facility due October 2016, less unamortized lender fees of $15.4 in 2012 and $21.7 in 2011⁽³⁾		843.9		945.7
7.875% Senior Notes due June 2017, less unamortized discount of $5.5 in 2012 and $6.5 in 2011		394.5		393.5
Term Loan B Facility due October 2018, less unamortized lender fees of $10.7 in 2012 and $21.3 in 2011, and unamortized discount of $15.6 in 2012 and $26.5 in 2011⁽³⁾		771.6		1,118.8
8.125% Senior Notes due September 2019		750.0		750.0
6.50% Senior Notes due December 2020		425.0		—
8.375% Senior Notes due September 2021		750.0		750.0
6.875% Senior Notes due July 2033, less unamortized discount of $1.4 in 2012 and $1.4 in 2011		448.6		448.6
Other		3.8		2.8

Total long-term debt, less current portion		4,540.8		4,966.7

Total debt⁽⁴⁾	$	4,581.8	$	5,003.1

⁽¹⁾	Amount includes adjustments due to interest rate swaps. See “Interest Rate Swaps,” of Note 13, “Derivatives and Hedging Activities,” for further discussion.

⁽²⁾	During 2012, we purchased all of our outstanding $400 million 5.625% Senior Notes due 2013. See below for further discussion.

⁽³⁾

In 2012, we prepaid $95 million of euro and U.S. dollar denominated portions of the original Term Loan A. In addition, we prepaid $1.1 billion and refinanced the remaining principal amount of $801 million of the euro and U.S dollar denominated portions of the original Term Loan B at 99.75% of the face value. Also, in connection with the sale of Diversey Japan, we prepaid $90 million and refinanced the remaining principal amount of $80 million of the Japanese yen denominated balances owed under the original Term Loan A. See below for further discussion.

⁽⁴⁾ The weighted average interest rate on our outstanding debt was 6.4% as of December 31, 2012 and 6.2% as of December 31, 2011.

Lines of Credit

The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the Revolving Credit Facility discussed above, and the amounts available under our accounts receivable securitization program. We are not subject to any material compensating balance requirements in connection with our lines of credit.


	December 31, 2012		December 31, 2011
Used lines of credit	$	39.2	$	34.5
Unused lines of credit		989.5		1,028.7

Total available lines of credit	$	1,028.7	$	1,063.2

Available lines of credit — committed	$	700.5	$	703.9
Available lines of credit — uncommitted		328.2		359.3

Total available lines of credit	$	1,028.7	$	1,063.2

Accounts receivable securitization program — committed(1)	$	112.0	$	92.0

(1)	See Note 9, “Accounts Receivable Securitization Program,” for further details of this program.

Other Lines of Credit

The following table details our other lines of credit.


	December 31, 2012			December 31, 2011
Available lines of credit	$	328.3		$	359.3
Unused lines of credit		289.0			328.7
Weighted average interest rate		10.2	%		10.1	%

Scheduled Annual Maturities for Next Five Years and Thereafter

The following table summarizes the scheduled annual maturities for the next five years and thereafter of our long-term debt, including the current portion of long-term debt. This schedule excludes debt discounts, interest rate swaps and lender fees.


2013	$	1.8
2014		304.0
2015		329.8
2016		406.2
2017		408.2
Thereafter		3,141.2

Total	$	4,591.2