Lines of Credit and Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Outstanding debt obligations

The following tables summarize our outstanding debt obligations and the classification in the accompanying Consolidated Balance Sheets (in millions):

	As of September 30, 2012		As of December 31, 2011
Short-Term Debt:
Asset Securitization Program	$	25.0	$	—
Foreign obligations	6.1		4.7
Total short-term debt	$	31.1	$	4.7
Current maturities of long-term debt:	$	0.3	$	0.8
Long-Term Debt:
Capital lease obligations	$	16.6	$	16.6
Domestic revolving credit facility	233.0		243.0
Senior unsecured notes	200.0		200.0
Total long-term debt	$	449.6	$	459.6
Total debt	$	481.0	$	465.1

Eligible amounts available and beneficial interests sold

The eligible amounts available and beneficial interests sold were as follows (in millions):

	As of September 30, 2012		As of December 31, 2011
Eligible amount available under the ASP on qualified accounts receivable	$	150.0	$	150.0
Beneficial interest sold	25.0		—
Remaining amount available	$	125.0	$	150.0

Discount fees in Selling, General and Administrative Expenses

The interest expense, including all fees, related to the ASP was as follows (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2012		2011		2012		2011
Interest expense (including fees)	$	0.3	$	0.1	$	0.9	$	0.5

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the facility was as follows:

	As of September 30, 2012		As of December 31, 2011
Weighted average borrowing rate	1.47	%	1.53	%

Financial Covenants, Leverage and Interest Coverage

The required ratios under our Domestic Revolving Credit Facility are detailed below:

Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	3.5 : 1.0
Cash Flow to Net Interest Expense Ratio no less than	3.0 : 1.0