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Debt (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The Company's debt consists of the following (in millions):

		Weighted Average Effective Interest Rate at September 30, 2019		Weighted Average Stated Interest Rate at September 30, 2019		Fixed or Floating Interest Rate		Maturity		September 30, 2019				December 31, 2018
Senior Notes
2027 Notes		5.61%		5.50%		Fixed		2027		$	1,200.0			$	—
Senior Secured Second Priority Notes
2022 Notes		N/A		N/A		N/A		N/A		—				427.0
2024 Notes		N/A		N/A		N/A		N/A		—				437.5
Other Debt
New ABL Credit Facility		N/A		3.49%		Floating		2024		752.0				—
ABL Credit Facility		N/A		N/A		N/A		N/A		—				1,085.2
AR Facility		N/A		2.77%		Floating		2020		175.0				175.0
Finance lease liabilities		2.97%		N/A		Fixed		2019-2027		53.0				38.1
Other borrowings		N/A		4.79%		Floating		2020		6.8				4.6
Unamortized Debt Issuance Costs(a)										(8.1		)		(10.6		)
Total debt										2,178.7				2,156.8
Less: Current maturities of long-term debt										(29.6		)		(26.9		)
Long-term debt, net										$	2,149.1			$	2,129.9

(a) Unamortized debt issuance costs totaling $9.9 million related to the New ABL Credit Facility and AR Facility (as each is defined below) as of September 30, 2019 and $10.4 million related to the ABL Credit Facility (as defined below) and the AR Facility as of December 31, 2018 are included in "Other long-term assets" in the condensed consolidated balance sheets.

Borrowing Capacity and Availability on Line of Credit

After outstanding borrowings, the following was available to the Company under the New ABL Credit Facility and AR Facility as of September 30, 2019 (in millions):

	Remaining Capacity				Availability Under Borrowing Base Limitation
New ABL Credit Facility	$	976.5			$	976.5
AR Facility	—				—
Total	$	976.5			$	976.5

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- References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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- Definition

Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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