v2.4.0.8

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 6 Months Ended
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Jun. 30, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS |
Summary of the carrying values and estimated fair values of long-term debt |
|  | June 30, 2014 |  | December 31, 2013 |
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(In millions) |  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value |
Level 1: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Long-term debt: |  |  |  |  |  |  |  |  |  |  |  |  |
4.625 Notes |  | $ | 688.0 |  | $ | 690.6 |  | $ | 688.0 |  | $ | 676.4 |
4.875 Notes |  |  | 450.0 |  |  | 449.2 |  |  | 450.0 |  |  | 426.9 |
Level 2: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Long-term debt: |  |  |  |  |  |  |  |  |  |  |  |  |
Term Loan (net of debt issuance costs totaling $2.2 million at June 30, 2014 and $2.4 million at December 31, 2013) |  | ​ | 193.6 |  | ​ | 196.7 |  | ​ | 194.8 |  | ​ | 199.0 |
ABL Revolver due 2018 |  |  | 13.7 |  |  | 13.7 |  |  | - |  |  | - |
Derivative instrument: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commodity hedge contract liability |  |  | 0.1 |  |  | 0.1 |  |  | - |  |  | - |

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