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Debt (Tables) | 12 Months Ended
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Dec. 31, 2014
Debt Disclosure [Abstract] |
Schedule of outstanding debt | Outstanding debt at December 31, 2014 and December 31, 2013 is summarized as follows:
(in millions) |  | 2014 |  | 2013
Revolving credit facility |  | $ | — |  |  | $ | — |
Term loan A |  | 336.9 |  |  | 162.5 |
Term loan B |  | 168.5 |  |  | — |
Senior notes due 2018 |  | — |  |  | 408.4 |
Senior notes due 2020 |  | 614.8 |  |  | 614.8 |
Senior notes due 2022 |  | 296.9 |  |  | 289.1 |
Other |  | 106.4 |  |  | 52.0 |
Total debt |  | 1,523.5 |  |  | 1,526.8 |
Less current portion and short-term borrowings |  | (80.3 | ) |  | (22.7 | )
Long-term debt |  | $ | 1,443.2 |  |  | $ | 1,504.1 |
Current covenant levels of the financial covenants under the senior credit facility | The covenant levels of the financial covenants under the New Senior Credit Facility are as set forth below:
Fiscal Quarter Ending |  | Consolidated Senior Secured Leverage Ratio (less than) |  | Consolidated Interest Coverage Ratio (greater than)
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
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 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 | %
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 | %
Schedule of aggregate maturities of outstanding debt obligations in subsequent years | The aggregate scheduled maturities of outstanding debt obligations in subsequent years are as follows:
(in millions) |
2015 | $ | 80.3 |
2016 | 50.4 |
2017 | 52.0 |
2018 | 58.9 |
2019 | 194.4 |
Thereafter | 1,087.5 |
Total | $ | 1,523.5 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
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