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Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 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						September 30, 2020						December 31, 2019
Short-term borrowings(1)												$	7.4					$	98.9
Current portion of long-term debt(2)												21.8						16.7
Total current debt												29.2						115.6
Term Loan A due August 2022												474.6						474.6
Term Loan A due July 2023												209.3						218.2
Senior Notes due December 2022						4.875		%				422.6						421.9
Senior Notes due April 2023						5.250		%				422.7						422.0
Senior Notes due September 2023						4.500		%				467.9						445.6
Senior Notes due December 2024						5.125		%				422.4						421.9
Senior Notes due September 2025						5.500		%				397.7						397.4
Senior Notes due December 2027						4.000		%				420.7						420.4
Senior Notes due July 2033						6.875		%				445.8						445.7
Other(2)												26.4						30.9
Total long-term debt, less current portion(3)												3,710.1						3,698.6
Total debt(4)												$	3,739.3					$	3,814.2

(1)Short-term borrowings of $7.4 million at September 30, 2020 were comprised of short-term borrowings from various lines of credit. Short-term borrowings of $98.9 million at December 31, 2019 were comprised of $89.0 million under our revolving credit facility and $9.9 million from various lines of credit.

(2)Current portion of long-term debt includes finance lease liabilities of $10.0 million and $10.4 million at September 30, 2020 and December 31, 2019, respectively. Other debt includes long-term liabilities associated with our finance leases of $25.3 million and $28.7 million at September 30, 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 shown net of unamortized discounts and issuance costs of $21.4 million as of September 30, 2020 and $24.6 million as of December 31, 2019.

(4)As of September 30, 2020, our weighted average interest rate on our short-term borrowings outstanding was 2.1% and on our long-term debt outstanding was 4.4%. 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%.

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)						September 30, 2020						December 31, 2019
Used lines of credit(1)						$	7.4					$	98.9
Unused lines of credit						1,292.4						1,245.2
Total available lines of credit(2)						$	1,299.8					$	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, $1,132.1 million was committed as of September 30, 2020.

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-Name Accounting Standards Codification
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