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DEBT (Tables)
12 Months Ended
Dec. 31, 2015
DEBT  
Components of debt

Debt at December 31, 2015 and 2014, consisted of the following (in millions):

                                                                                                                                                                                    

 

 

December 31, 2015

 

December 31, 2014

 

 

 

Carrying
value

 

Fair
value

 

Carrying
value

 

Fair
value

 

4.875% Senior Notes due 2025

   

$  

297.2 

   

$  

307.6 

   

$  

—

   

$  

—

 

0.750% Convertible Senior Notes due 2018

 

 

108.9 

 

 

158.6 

 

 

106.0 

 

 

177.2 

 

6.700% Senior Notes due 2017

   

​  

—

   

​  

—

   

​  

344.5 

   

​  

380.8 

 

​  

​​

​  

​  

​​

​  

​  

​​

​  

​  

​​

​  

​  

​

Total debt

 

 

406.1 

 

 

466.2 

 

 

450.5 

 

 

558.0 

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

Less: Current maturities

   

​  

108.9 

   

​  

158.6 

   

​  

—

   

​  

—

 

​  

​​

​  

​  

​​

​  

​  

​​

​  

​  

​​

​  

​  

​

Total long-term debt

 

$

297.2 

 

$

307.6 

 

$

450.5 

 

$

558.0 

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

 

Schedule of aggregate maturities of indebtedness

The aggregate amounts of debt maturing or callable in the next five years are as follows (in millions):

                                                                                                                                                                                    

Year ended December 31,

 

Amount

 

2016

   

$  

—

 

2017

 

 

—

 

2018 (1)

   

​  

158.6 

 

2019

 

 

—

 

2020

   

​  

—

 

Thereafter

 

 

300.0 

 

​

​

​  

​  

​

Total

   

$  

458.6 

 

​

​

​  

​  

​

​

​

​  

​  

​

 

 

(1)          

Represents the fair value of the 2018 Convertible Notes as of December 31, 2015.