v2.4.0.8

LONG TERM DEBT AND LEASE FINANCING OBLIGATION (Details) (USD $) In Millions, unless otherwise specified | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2014 | Dec. 31, 2013
Debt Instrument |  |
Total debt | $ 1,331.1 | $ 1,332.8
Less current portion of long-term debt | (2.8) | (2.8)
Long-term debt, net | 1,328.3 | 1,330.0
Lease financing obligation | 97.5 | 104.7
Lease financing obligation one-time payment | 2.3 |
Future minimum lease payments |  |
2014 | 1.4 |
2015 | 5.7 |
2016 | 5.7 |
2017 | 1.4 |
4.625 Notes |  |
Debt Instrument |  |
Stated Interest Rate (as a percent) | 4.625% | 4.625%
Total debt | 688.0 | 688.0
4.875 Notes |  |
Debt Instrument |  |
Stated Interest Rate (as a percent) | 4.875% | 4.875%
Total debt | 450.0 | 450.0
Term Loan |  |
Debt Instrument |  |
Stated Interest Rate (as a percent) | 3.50% |
Total debt | 193.1 | 194.8
Debt issuance costs | 2.0 | 2.4
ABL Revolver |  |
Debt Instrument |  |
Stated Interest Rate (as a percent) | 3.75% |
Total debt | 0 | 0
Maximum borrowing capacity | 500.0 |
Fixed charge coverage ratio the Company is subject to if excess availability is less than the threshold for three consecutive business days | 110.00% |
Consecutive period of borrowing availability under the credit facility used to determine if the Company is subject to a fixed charge coverage ratio | 3 days |
Availability under the credit facility | 414.6 |
Outstanding letters of credit | 85.4 |
ABL Revolver | Maximum |  |
Debt Instrument |  |
Availability under the credit facility, that if not exceeded, subjects the Company to a fixed charge coverage ratio | 62.5 |
Lease financing obligation |  |
Debt Instrument |  |
Lease financing obligation | 97.5 | 104.7
Lease financing obligation one-time payment | 2.3 |
Lease financing obligation term | 10 years |
Outstanding letters of credit | $ 1.6 | $ 3.8

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- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: 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(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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