Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Components of Debt

Debt consists of the following instruments:

As of March 31, 2016 (In millions)	Principal Amount		Unamortized discount and debt issuance cost		Net Debt
Senior term loan due 2022	$	548.6	$	8.5	$	540.1
Revolving credit facility due 2018	47.3		—		47.3
5.25% senior notes due 2023	600.0		8.0		592.0
Other debt	13.5		—		13.5
Total long-term debt	$	1,209.4	16.5		$	1,192.9
Less current portion	18.6		—		18.6
Total long-term debt, net of current portion	$	1,190.8	$	16.5	$	1,174.3

As of December 31, 2015 (In millions)	Principal Amount		Unamortized discount and debt issuance cost		Net debt
Senior term loan due 2022	$	550.0	$	8.6	$	541.4
5.25% senior notes due 2023	600.0		8.3		591.7
Other debt	13.5		—		13.5
Total debt	$	1,163.5	$	16.9	$	1,146.6
Less short-term and current portion of long-term debt	18.6		—		18.6
Long-term debt	$	1,144.9	$	16.9	$	1,128.0