(Tables)

12 Months Ended

Dec. 31, 2017

Our total debt outstanding consisted of the amounts set forth on the following table:



	December 31,
(In millions)	2017		2016
Short-term borrowings⁽¹⁾	$	25.3	$	83.0
Current portion of long-term debt	2.2		297.0
Total current debt	27.5		380.0
Term Loan A due July 2019	222.7		818.3
6.50% Senior Notes due December 2020	423.6		423.1
4.875% Senior Notes due December 2022	420.4		419.6
5.25% Senior Notes due April 2023	420.4		419.7
4.50% Senior Notes due September 2023	474.3		416.7
5.125% Senior Notes due December 2024	420.7		420.2
5.50% Senior Notes due September 2025	396.7		396.4
6.875% Senior Notes due July 2033	445.4		445.3
Other	6.3		3.3
Total long-term debt, less current portion⁽³⁾	3,230.5		3,762.6
Total debt⁽²⁾⁽⁴⁾	$	3,258.0	$	4,142.6

⁽¹⁾

Short-term borrowings of $25.3 million at December 31, 2017 are comprised of $2.1 million of Diversey accounts payable obligations under financing arrangements which Sealed Air was fully reimbursed for as part of the sale of Diversey as well as $23.2 million of short-term borrowing from various lines of credit. Short-term borrowings at December 31, 2016 were comprised primarily of $83.0 million of short-term borrowings from various lines of credit.


⁽²⁾	As of December 31, 2017, our weighted average interest rate on our short-term borrowings outstanding was 5.4% and on our long-term debt outstanding was 5.3%. As of December 31, 2016, our weighted average interest rate on our short-term borrowings outstanding was 4.8% and on our long-term debt outstanding was 4.7%.


⁽³⁾	Amounts are net of unamortized discounts and issuance costs of $29.5 million as December 31, 2017 and $36.3 million as of December 31, 2016.


⁽⁴⁾	Long-term debt instruments are listed in order of priority.

Lines of Credit

The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility discussed above, and the amounts available under our accounts receivable securitization programs.



	December 31,
(In millions)	2017		2016
Used lines of credit ⁽¹⁾⁽²⁾	$	23.2	$	83.0
Unused lines of credit	1,108.6		1,074.4
Total available lines of credit⁽³⁾	$	1,131.8	$	1,157.4


⁽¹⁾	Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and borrowings under lines of credit available to several subsidiaries.


⁽²⁾	At the end of 2017 there was no cash held on deposit. As of December 31, 2016, there were $25.4 million of cash held on deposit as a compensating balance for certain short-term borrowings.


⁽³⁾	Of the total available lines of credit, $855.5 million were committed as of December 31, 2017.

Scheduled Annual Maturities for Next Five Years and Thereafter

The following table summarizes the scheduled annual maturities for the next five years and thereafter of our long-term debt, including the current portion of long-term debt and capital leases. This schedule represents the principle portion of our debt, and therefore excludes debt discounts, interest rate swaps and lender and finance fees.



Year	Amount (in millions)
2018	$	2.2
2019	228.2
2020	425.9
2021	0.4
2022	425.1
Thereafter	2,180.5
Total	$	3,262.3