Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Long Term Debt And Capital Lease Obligations Current And Non Current

Total debt shown on the balance sheet is comprised of the following:

	December 31, 2015				December 31, 2014
	Current		Noncurrent		Current		Noncurrent
Senior secured term loan A	$	26.8	$	481.5	$	—	$	—
Senior secured term loan B	—		—		5.5		528.9
Senior notes due 2020	—		300.0		—		300.0
Senior notes due 2022	—		299.5		—		299.5
Malaysian term loan	2.1		1.1		3.0		3.7
Present value of capital lease obligations	0.6		8.5		0.9		12.0
Other	6.1		7.0		—		—
Total	$	35.6	$	1,097.6	$	9.4	$	1,144.1

Covenant Ratio

The Credit Agreement contains customary affirmative and negative covenants, including restrictions on indebtedness, liens, type of business, acquisitions, investments, sales or transfers of assets, payments of dividends, transactions with affiliates, change in control and other matters customarily restricted in such agreements. Additionally, provided no event of default has occurred and Spirit and its subsidiaries are in compliance with financial covenants, Spirit is permitted to pay dividends to Spirit Holdings limited in amount by restrictions described in the Credit Agreement.

The Credit Agreement also contains the following financial covenants (as defined in the Credit Agreement):

Senior Secured Leverage Ratio	Shall not exceed 2.75:1.0
Interest Coverage Ratio	Shall not be less than 4.0:1.0
Total Leverage Ratio	Shall not exceed 4.0:1.0