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Debt (Tables)
3 Months Ended
Mar. 31, 2014
Debt Instrument [Line Items]  
Schedule of outstanding debt
Outstanding debt at March 31, 2014 and December 31, 2013 is summarized as follows:
(in millions)
 
March 31, 2014
 
December 31, 2013
Revolving credit facility
 
$
314.0

 
$

Term loan A
 
350.0

 
162.5

Term loan B
 
200.0

 

Senior notes due 2018
 

 
408.4

Senior notes due 2020
 
614.9

 
614.8

Senior notes due 2022
 
291.7

 
289.1

Other
 
74.9

 
52.0

Total debt
 
1,845.5

 
1,526.8

Less current portion and short-term borrowings
 
(65.8
)
 
(22.7
)
Long-term debt
 
$
1,779.7

 
$
1,504.1

Current covenant levels of the financial covenants under the senior credit facility
The current covenant levels of the financial covenants under the Senior Credit Facility are as set forth below:
Fiscal Quarter Ending
 
Consolidated
Senior Secured
Leverage Ratio
(less than)
 
Consolidated Interest
Coverage Ratio
(greater than)
March 31, 2014
 
3.50:1.00
 
2.25:1.00
June 30, 2014
 
3.50:1.00
 
2.50:1.00
September 30, 2014
 
3.50:1.00
 
2.50:1.00
December 31, 2014
 
3.25:1.00
 
2.50:1.00
March 31, 2015
 
3.25:1.00
 
2.75:1.00
June 30, 2015
 
3.25:1.00
 
2.75:1.00
September 30, 2015
 
3.25:1.00
 
2.75:1.00
December 31, 2015
 
3.25:1.00
 
2.75:1.00
March 31, 2016 and thereafter
 
3.00:1.00
 
3.00:1.00
Senior notes 5.875% due 2022
 
Debt Instrument [Line Items]  
Schedule of percentage of principal amount at which the entity may redeem the notes
The following would be the principal and premium paid by the company, expressed as percentages of the principal amount thereof, if it redeems the 2022 Notes during the 12-month period commencing on October 15 of the year set forth below:
Year
Percentage
2017
102.938
%
2018
101.958
%
2019
100.979
%
2020 and thereafter
100.000
%
Senior notes 8.50% due 2020
 
Debt Instrument [Line Items]  
Schedule of percentage of principal amount at which the entity may redeem the notes
The following would be the principal and the premium paid by the company, expressed as a percentage of the principal amount, if it redeems the 2020 Notes during the 12-month period commencing on November 1 of the year set forth below: 
Year
Percentage
2015
104.250
%
2016
102.833
%
2017
101.417
%
2018 and thereafter
100.000
%