XML 61 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900
Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Components of debt
Components of Debt
 
December 31,
(In millions)
2015
 
2014
U.S. dollar term loan, net of unamortized discount of $1.7 at December 31, 2015 (2014—$2.1)
$
933.6

 
$
692.6

5.125% senior notes due 2021
700.0

 
700.0

5.625% senior notes due 2024
300.0

 
300.0

Euro term loan, net of unamortized discount of $0.4 at December 31, 2015 (2014—$0.4)
161.3

 
181.2

Debt payable—unconsolidated affiliate
33.4

 
31.5

Deferred payment obligation
29.1

 
28.2

Other borrowings(1)
71.5

 
82.3

Total debt
2,228.9

 
2,015.8

Less debt payable within one year
84.6

 
96.8

Debt payable after one year
$
2,144.3

 
$
1,919.0

Weighted average interest rates on total debt
4.2
%
 
4.3
%

___________________________________________________________________________________________________________________
(1)
Represents borrowings under various lines of credit and other borrowings, primarily by non-U.S. subsidiaries.
Schedule of Maturities of Long-term Debt
The principal maturities of debt outstanding at December 31, 2015, were as follows:
 
(In millions)
2016
$
84.6

2017
47.1

2018
17.7

2019
17.1

2020
15.6

Thereafter
2,046.8

Total debt
$
2,228.9