Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2012

Long-term Debt, Unclassified [Abstract]

Carrying Value of Long-Term Debt

Long-term debt was as follows:

(dollars in millions)			December 31,
	Interest Rate (1)		2012			2011
Senior secured asset-based revolving credit facility	—	%	$	—		$	—
Senior secured term loan facility	3.9	%	1,339.5			1,540.5
Senior secured notes due 2018	8.0	%	500.0			500.0
Senior notes due 2019	8.5	%	1,305.0			1,175.0
Unamortized premium on senior notes due 2019			5.0			—
Senior subordinated notes due 2017	12.535	%	621.5			721.5
Senior notes due 2015	—	%	—			129.0
Total long-term debt			3,771.0			4,066.0
Less current maturities of long-term debt			(40.0		)	(201.0		)
Long-term debt, excluding current maturities			$	3,731.0		$	3,865.0

(1)Weighted-average interest rate as of December 31, 2012.

Schedule of Long-term Debt Maturities

As of December 31, 2012, the maturities of long-term debt were as follows:

(in millions)
Years ending December 31,
2013	$	40.0
2014	408.7
2015	—
2016	—
2017	1,512.3
Thereafter	1,805.0
	$	3,766.0

Deferred Financing Costs Disclosure

The following table summarizes the deferred financing costs activity for the years ended December 31, 2012 and 2011:

(in millions)	December 31,
	2012			2011
Beginning balance	$	68.5		$	79.7
Additional costs capitalized	2.1			26.3
Recognized in interest expense	(14.4		)	(15.7		)
Write-off of unamortized deferred financing costs	(3.0		)	(21.8		)
Ending balance	$	53.2		$	68.5