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Debt and Credit Facilities (Tables) | 12 Months Ended
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Dec. 31, 2015
Debt Disclosure [Abstract] |
Total Debt Outstanding | Our total debt outstanding consisted of the amounts set forth on the following table:
|  | December 31, |  |  | December 31, |
(In millions) |  | 2015 |  |  | 2014 |
Short-term borrowings (1) |  | $ | 241.9 |  |  | $ | 143.3 |
Current portion of long-term debt |  |  | 46.6 |  |  |  | 1.0 |
Total current debt |  |  | 288.5 |  |  |  | 144.3 |
Term Loan A due July 2017, less unamortized lender fees of $0.2 million in 2015 and $0.3 million in 2014 |  |  | 249.8 |  |  |  | 249.7 |
Term Loan A due July 2019, less unamortized lender fees of $8.1 million in 2015 and $10.6 million in 2014(2) |  |  | 1,060.5 |  |  |  | 1,129.4 |
6.50% Senior Notes due December 2020 |  |  | 427.6 |  |  |  | 428.1 |
8.375% Senior Notes due September 2021 |  |  | — |  |  |  | 750.0 |
4.875% Senior Notes due December 2022 |  |  | 425.0 |  |  |  | 425.0 |
5.25% Senior Notes due April 2023 |  |  | 425.0 |  |  |  | 425.0 |
4.50% Senior Notes due September 2023 |  |  | 437.3 |  |  |  | — |
5.125% Senior Notes due December 2024 |  |  | 425.0 |  |  |  | 425.0 |
5.50% Senior Notes due September 2025 |  |  | 400.0 |  |  |  | — |
6.875% Senior Notes due July 2033, less unamortized discount of $1.3 million in 2015 and $1.3 million in 2014 |  |  | 448.7 |  |  |  | 448.7 |
Other |  |  | 3.8 |  |  |  | 1.1 |
Total long-term debt, less current portion |  |  | 4,302.7 |  |  |  | 4,282.0 |
Total debt(3)(4) |  | $ | 4,591.2 |  |  | $ | 4,426.3 |
(1) | Short-term borrowings of $242 million at December 31, 2015 are comprised primarily of $67 million of borrowings outstanding under our U.S. accounts receivable securitization program, $77 million of borrowings outstanding under our European accounts receivable securitization program, and $98 million short-term borrowing from various lines of credit. Short-term borrowings at December 31, 2014 are comprised primarily of $36 million of borrowings outstanding under our U.S. accounts receivable securitization program, $23 million outstanding under our revolving credit facility and $84 million short-term borrowings from various lines of credit. As of December 31, 2015 and 2014, there were $56 million and $36 million of cash held on deposit, respectively, as a compensating balance for certain short-term borrowings.
(2) | Term Loan A facility due July 2019 has required prepayments which are due in 2016.
(3) | As of December 31, 2015, our weighted average interest rate on our short term borrowings outstanding was 3.4% and on our long term debt outstanding was 4.6%. As of December 31, 2014, our weighted average interest rate on our short term borrowings outstanding was 6.1% and on our long term debt outstanding was 5.2%.
(4) | Long-term debt instruments are listed in order of priority.
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 programs.
|  | December 31, |  |  | December 31, |
(In millions) |  | 2015 |  |  | 2014 |
Used lines of credit (1)(2) |  | $ | 241.9 |  |  | $ | 143.3 |
Unused lines of credit |  |  | 1,039.9 |  |  |  | 1,108.8 |
Total available lines of credit(3) |  | $ | 1,281.8 |  |  | $ | 1,252.1 |
(1) | Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and borrowings under lines of credit available to several subsidiaries.
(2) | As of December 31, 2015 and 2014, there were $56 million and $36 million of cash held on deposit, respectively, as a compensating balance for certain short-term borrowings.
(3) | Of the total available lines of credit, $892 million were committed as of December 31, 2015.
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 and capital leases. This schedule represents the principle portion of our debt, and therefore excludes debt discounts, interest rate swaps and lender fees.
Year |  | Amount (in millions) |
2016 |  | $ | 46.6 |
2017 |  |  | 322.1 |
2018 |  |  | 71.9 |
2019 |  |  | 928.1 |
2020 |  |  | 425.3 |
Thereafter |  |  | 2,562.3 |
Total |  | $ | 4,356.3 |

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