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Debt and Credit Facilities (Tables) | 3 Months Ended
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Mar. 31, 2020
Debt Disclosure [Abstract] |
Total Debt Outstanding | Our total debt outstanding consisted of the amounts set forth in the following table:
(In millions) |  | Interest rate |  | March 31, 2020 |  | December 31, 2019
Short-term borrowings(1) |  |  |  | $ | 166.4 |  |  | $ | 98.9 |
Current portion of long-term debt(2) |  |  |  | 20.8 |  |  | 16.7 |
Total current debt |  |  |  | 187.2 |  |  | 115.6 |
Term Loan A due August 2022 |  |  |  | 474.5 |  |  | 474.6 |
Term Loan A due July 2023 |  |  |  | 213.5 |  |  | 218.2 |
Senior Notes due December 2022 |  | 4.875 | % |  | 422.2 |  |  | 421.9 |
Senior Notes due April 2023 |  | 5.250 | % |  | 422.2 |  |  | 422.0 |
Senior Notes due September 2023 |  | 4.500 | % |  | 439.7 |  |  | 445.6 |
Senior Notes due December 2024 |  | 5.125 | % |  | 422.1 |  |  | 421.9 |
Senior Notes due September 2025 |  | 5.500 | % |  | 397.5 |  |  | 420.4 |
Senior Notes due December 2027 |  | 4.000 | % |  | 420.5 |  |  | 397.4 |
Senior Notes due July 2033 |  | 6.875 | % |  | 445.7 |  |  | 445.7 |
Other(2) |  |  |  |  | 29.3 |  |  | 30.9 |
Total long-term debt, less current portion(3) |  |  |  | 3,687.2 |  |  | 3,698.6 |
Total debt(4) |  |  |  | $ | 3,874.4 |  |  | $ | 3,814.2 |
(1)Short-term borrowings of $166.4 million at March 31, 2020 are comprised of $82.3 million under our revolving credit facility, $74.3 million under our European securitization program and $9.8 million of short-term borrowings from various lines of credit. Short-term borrowings of $98.9 million at December 31, 2019 were comprised $89.0 million under our revolving credit facility and $9.9 million of short-term borrowings from various lines of credit. (2)Current portion of long-term debt includes finance lease liabilities of $11.8 million and $10.4 million at March 31, 2020 and December 31, 2019, respectively. Other debt includes long-term liabilities associated with our finance leases of $27.4 million and $28.7 million at March 31, 2020 and December 31, 2019, respectively. See Note 4, "Leases," of the Notes to Condensed Consolidated Financial Statements for additional information on finance and operating lease liabilities. (3)Amounts are net of unamortized discounts and issuance costs of $23.7 million as March 31, 2020 and $24.6 million as of December 31, 2019. (4)As of March 31, 2020, our weighted average interest rate on our short-term borrowings outstanding was 1.3% and on our long-term debt outstanding was 4.7%. As of December 31, 2019, our weighted average interest rate on our short-term borrowings outstanding was 5.0% and on our long-term debt outstanding was 4.8%. Senior Notes 2019 Activity On November 26, 2019, Sealed Air issued $425 million aggregate principal amount of 4.00% Senior Notes due December 1, 2027. The proceeds were used to repurchase and discharge the Company's $425 million 6.50% Senior Notes due 2020. The aggregate repurchase price was $452.0 million, which included the principal amount of $425 million, a premium of $15.5 million and accrued interest of $11.5 million. We recognized a pre-tax loss of $16.1 million on the extinguishment, including the premium mentioned above and $1.2 million of accelerated amortization of non-lender fees partially offset by a $0.6 million gain on the settlement of interest rate swaps. We also capitalized $3.5 million of non-lender fees incurred in connection with the 4.00% Senior Notes which are included in long-term debt, less current portion on our Condensed Consolidated Balance Sheets. Amended and Restated Senior Secured Credit Facility On August 1, 2019, Sealed Air Corporation, on behalf of itself and certain of its subsidiaries, and Sealed Air Corporation (US) entered into an amendment and incremental assumption agreement (the “Amendment”) further amending the Third Amended and Restated Syndicated Credit Facility Agreement (the “Credit Facility”). The Amendment provides for a new incremental term facility in an aggregate principal amount of $475 million, to be used, in part, to finance the acquisition of Automated. In addition, we incurred $0.4 million of lender and third-party fees included in carrying amounts of outstanding debt. See Note 5, "Acquisitions," of the Notes to Condensed Consolidated Financial Statements for additional information related to the Automated acquisition.
Lines of Credit | The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility, and the amounts available under our accounts receivable securitization programs.
(In millions) |  | March 31, 2020 |  | December 31, 2019
Used lines of credit(1) |  | $ | 166.4 |  |  | $ | 98.9 |
Unused lines of credit |  | 1,231.9 |  |  | 1,245.2 |
Total available lines of credit(2) |  | $ | 1,398.3 |  |  | $ | 1,344.1 |
(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)Of the total available lines of credit, $1,124.6 million was committed as of March 31, 2020.

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