Debt, Interest Income, Expense and Other Finance Costs

6 Months Ended

Jun. 30, 2019

Debt, Interest Income, Expense and Other Finance Costs [Abstract]

Debt, Interest Income, Expense and Other Finance Costs

Our Credit Facility consisted of a revolving loan with a borrowing capacity of $1.2 billion and a Term Loan with outstanding principal as of June 30, 2019 and December 31, 2018 of $498.0 million and $514.8 million, respectively. On July 23, 2019, we amended our Credit Facility to, among other things, (i) increase the borrowing capacity to $1.3 billion, (ii) increase the Term Loans to $525.0 million, (iii) modify and extend the final maturity date to July 2024, and (iv) modify certain financial and other covenants to reduce costs and provide greater operating flexibility. Accordingly, based on the terms of the modified Credit Facility, the current maturities of long-term debt is $13.1 million as of June 30, 2019.

Our debt consisted of the following (in millions):



	As of
	June 30,		December 31,
	2019		2018
Credit Facility	$	167.0	$	170.0
Term Loans	498.0		514.8
Finance Leases	16.0		13.8
Other	2.3		2.3
Total debt	$	683.3	$	701.0
Current maturities of long-term debt and capital leases	$	16.8	$	41.1
Long-term debt	$	666.5	$	659.9

The following table provides additional information about our interest income (expense), and other financing costs, net, for the periods presented (in millions):



	For the Three Months Ended						For the Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
Interest income	$	1.5		$	1.3		$	2.6		$	1.9
Interest expense and other financing costs	(21.7		)	(19.2		)	(42.2		)	(36.1		)
	$	(20.2	)	$	(17.9	)	$	(39.6	)	$	(34.2	)