v2.4.0.8
LONG-TERM DEBT AND LEASE FINANCING OBLIGATION (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended 0 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Feb. 02, 2013
4.625 Notes
Dec. 31, 2013
4.625 Notes
Dec. 31, 2013
4.625 Notes
Eagle Spinco Inc. (Splitco)
Feb. 02, 2013
4.875 Notes
Dec. 31, 2013
4.875 Notes
Dec. 31, 2013
Term Loan
Eagle Spinco Inc. (Splitco)
Dec. 31, 2013
Term Loan
Eagle Spinco Inc. (Splitco)
Base rate
Dec. 31, 2013
Term Loan
Eagle Spinco Inc. (Splitco)
Reserve adjusted Eurodollar Rate
Dec. 31, 2013
ABL Revolver
Jan. 28, 2013
ABL Revolver
Jan. 28, 2013
ABL Revolver
Prior to the Amendment
Jan. 28, 2013
ABL Revolver
Three-month LIBOR
Feb. 28, 2013
9 percent notes
Dec. 31, 2012
9 percent notes
Dec. 31, 2011
9 percent notes
Dec. 31, 2013
Lease financing obligation
Dec. 31, 2012
Lease financing obligation
Dec. 31, 2013
Bridge loan
Dec. 31, 2012
Bridge loan
Debt Instrument                                            
Principal amount         $ 688.0   $ 450.0   $ 279.0                       $ 688.0 $ 688.0
Stated Interest Rate (as a percent)           4.625%   4.875%                 9.00% 9.00%        
Total debt 1,332.8 448.1     688.0     450.0 194.8               448.1          
Less current portion of long-term debt (2.8)                                          
Long-term debt, net 1,330.0 448.1                                        
Period after the closing date within which the Company will register the exchange notes       560 days     560 days                              
Variable interest rate basis                   Base Rate Eurodollar Rate       three-month London Interbank Offered Rate ("LIBOR")              
Variable interest rate margin (as a percent)                   1.50% 2.50%                      
Variable interest rate basis floor (as a percent)                   2.00% 1.00%                      
Stated interest rate on outstanding borrowings (as a percent)                 3.50%                          
Effective interest rate, inclusive of amortization of deferred debt issuance cost (as a percent)                 4.00%                          
Maximum borrowing capacity                         500.0 300.0                
Outstanding borrowings under the credit facility                       0                    
Aggregate tender price paid for repurchase of notes                 81.8             502.3            
Make whole payment included in redemption price                               55.4            
Payment to retire bridge loan                                         688.0  
Loss on redemption and other debt costs 78.5 2.7 4.9                         2.2         11.0  
Debt issuance costs                 2.4                          
Deferred financing fees expensed                 1.4             8.5            
Availability under the credit facility                       420.2                    
Outstanding letters of credit 79.8 11.5                   79.8             3.8 5.9    
Maximum cash dividends if conditions are met.                       150                    
Availability under the credit facility that, if exceeded, limits the cash dividend payments the entity is allowed to make                       75                    
Consecutive period of borrowing availability under the credit facility used to determine cash dividend payments allowed                       3 days                    
Fixed charge coverage ratio that, if exceeded, limits the cash dividend payments the entity is allowed to make                       100.00%                    
Availability under the credit facility that, if exceeded, allows the entity to make additional cash dividend payments                       100                    
Fixed charge coverage ratio, if exceeded, allows the entity to make additional cash dividend payments                       110.00%                    
Lease financing obligation 104.7 112.3                                 104.7 112.3    
Lease financing obligation term                                     10 years      
Cash payments for interest 76.3 55.8 63.4                                      
Future minimum lease payments                                            
2014 7.3                                          
2015 7.6                                          
2016 7.6                                          
2017 $ 1.9