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LONG-TERM OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt is summarized as follows (in millions):
 
December 31,
 
2017
 
2016
5-5/8% Senior Notes due February 1, 2025, net of unamortized debt issuance costs of $10.4
$
589.6

 
$

6-1/2% Senior Notes due April 1, 2020, net of unamortized debt issuance costs of $2.1

 
297.9

6% Senior Notes due May 15, 2021, net of unamortized debt issuance costs of $7.5

 
842.5

2017 Credit Agreement – term debt, net of unamortized debt issuance costs of $6.1
389.0

 

2014 Credit Agreement – term debt, net of unamortized debt issuance costs of $7.9

 
420.7

Capital lease obligations
3.1

 
2.9

Other
3.1

 
11.8

Total debt
984.8

 
1,575.8

Less: Notes payable and current portion of long-term debt
(5.2
)
 
(13.8
)
Long-term debt, less current portion
$
979.6

 
$
1,562.0

Schedule of Maturities of Long-term Debt
Amounts shown are exclusive of minimum lease payments for capital lease obligations (in millions):
2018
$
4.9

2019
4.2

2020
3.7

2021
3.7

2022
3.7

Thereafter
978.0

Total Debt
998.2

Less: Unamortized debt issuance costs
$
(16.5
)
Net debt
$
981.7

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
Based on indicative price quotations from financial institutions multiplied by the amount recorded on the Company’s Consolidated Balance Sheet, excluding debt acquisition costs (“Book Value”), the Company estimates the fair values (“FV”) of its debt set forth below as of December 31, 2017 and 2016, as follows (in millions, except for quotes):
2017
Book Value
 
Quote
 
FV
5-5/8% Notes
$
600.0

 
$
1.04000

 
$
624

2017 Credit Agreement Term Loan (net of discount)
$
395.1

 
$
1.00708

 
$
398


2016
Book Value
 
Quote
 
FV
6-1/2% Senior Notes
$
300.0

 
$
1.02500

 
$
308

6% Senior Notes
$
850.0

 
$
1.02750

 
$
873

2014 Credit Agreement Term Loan (net of discount) – USD
$
223.5

 
$
1.00000

 
$
224

2014 Credit Agreement Term Loan (net of discount) – EUR
$
205.1

 
$
0.99500

 
$
204