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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2014
Long-term Debt, Unclassified [Abstract]  
Carrying Value of Long-Term Debt
Long-term debt was as follows:
(dollars in millions)
 
Interest
Rate (1)
 
March 31,
2014
 
December 31,
2013
Senior secured asset-based revolving credit facility
 
%
 
$

 
$

Senior secured term loan facility
 
3.25
%
 
1,525.1

 
1,528.9

Unamortized discount on senior secured term loan facility
 
 
 
(4.2
)
 
(4.4
)
Senior secured notes due 2018
 
8.0
%
 
325.0

 
325.0

Senior notes due 2019
 
8.5
%
 
1,280.0

 
1,305.0

Unamortized premium on senior notes due 2019
 
 
 
4.0

 
4.2

Senior subordinated notes due 2017
 
12.535
%
 
42.5

 
92.5

Total long-term debt
 
 
 
3,172.4

 
3,251.2

Less current maturities of long-term debt
 
 
 
(15.4
)
 
(45.4
)
Long-term debt, excluding current maturities
 
 
 
$
3,157.0

 
$
3,205.8

(1)Interest rate at March 31, 2014.