v3.2.0.727

LONG-TERM DEBT AND LEASE FINANCING OBLIGATION (Tables)

6 Months Ended

Jun. 30, 2015

LONG-TERM DEBT AND LEASE FINANCING OBLIGATION

Schedule of long-term debt

(In millions)		Maturity Date		June 30, 2015			December 31, 2014
4.625 Notes		February 15, 2021		$	688.0		$	688.0
4.875 Notes		May 15, 2023			450.0			450.0
Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014)		January 28, 2017		​	-		​	192.6
Term Loan (net of debt issuance costs and discounts totaling $2.8 million at June 30, 2015)		February 27, 2022			246.0			-
ABL Revolver		December 17, 2019		​	-		​	-
​	​	​	​	​	​	​	​	​	​
Total debt					1,384.0			1,330.6
Less: current portion of long-term debt		​		​	(2.5	)	​	(2.8	)
​	​	​	​	​	​	​	​	​	​
Long-term debt, net				$	1,381.5		$	1,327.8
​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​

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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.

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