v2.4.0.8
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS  
Summary of the carrying values and estimated fair values of long-term debt and commodity purchase contract

 

 

 
  June 30, 2013   December 31, 2012  
(In millions)
  Carrying
Amount
  Fair
Value
  Carrying
Amount
  Fair
Value
 

Level 1

                         

Long-term debt:

                         

4.625 Notes

    $ 688.0     $ 661.8     $ -        $ -     

4.875 Notes

    450.0     430.3     -        -     

Term loan (net of $2.8 million debt issuance costs)

    195.8     200.6     -        -     

9.0 percent Notes

    -        -        448.1     501.8  

Level 2

                         

Long-term debt:

                         

ABL Revolver

    105.0     105.0     -        -