Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Short-Term Debt is comprised of the following:

In millions	2015		2014
Short Term Borrowings	$	10.8	$	5.6
Current Portion of Capital Lease Obligations	0.8		1.6
Current Portion of Long-Term Debt	25.0		25.0
Total	$	36.6	$	32.2

Schedule of Long-term Debt Instruments

Long-Term Debt is comprised of the following:

In millions	2015		2014
Senior Notes with interest payable semi-annually at 4.95%, payable in 2022	$	250.0	$	250.0
Senior Notes with interest payable semi-annually at 4.80%, payable in 2021	425.0		425.0
Senior Secured Term Loan Facilities with interest payable at various dates at floating rates (1.7% at December 31, 2015) payable through 2019	975.0		1,000.0
Senior Secured Revolving Credit Facilities with interest payable at floating rates (1.9% at December 31, 2015) payable in 2019(a)	224.8		288.4
Capital Lease Obligations	1.8		3.1
Other	1.8		2.2
	1,878.4		1,968.7
Less: Current Portion	25.8		26.6
	1,852.6		1,942.1
Less: Unamortized Deferred Debt Issuance Costs (a)	13.7		16.6
Total	$	1,838.9	$	1,925.5

^(a) As of December 31, 2015, the Company adopted ASU No. 2015-03 Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The adoption required debt issue costs previously reported in Other Assets to be presented as a direct reduction in Total Debt. For more information see Note 1 - Nature of Business and Summary of Significant Accounting Policies.

Schedule of Maturities of Long-term Debt

Long-Term Debt maturities (excluding capital leases) are as follows:

In millions
2016	$	25.0
2017	25.8
2018	125.8
2019	1,024.8
2020	0.1
After 2020	675.1
Total	$	1,876.6

Schedule of Credit Facilities

At December 31, 2015, the Company and its U.S. and international subsidiaries had the following commitments, amounts outstanding and amounts available under revolving credit facilities:

In millions	Total Commitments		Total Outstanding		Total Available
Senior Secured Domestic Revolving Credit Facility (b)	$	1,250.0	$	149.6	$	1,076.7
Senior Secured International Revolving Credit Facility	170.7		75.2		95.5
Other International Facilities	21.5		12.6		8.9
Total	$	1,442.2	$	237.4	$	1,181.1

^(b)In accordance with its debt agreements, the Company's availability under its Revolving Credit Facility has been reduced by the amount of standby letters of credit issued of $23.7 million as of December 31, 2015. These letters of credit are primarily used as security against its self-insurance obligations and workers' compensation obligations. These letters of credit expire through mid- 2018 unless extended.

The following describes the Senior Secured Term Loan and Revolving Credit Facilities:

Date	Document(a)	Provision	Expiration	Accounting
March 2012	Amended and Restated Credit Agreement	Ÿ$1.0 billion revolving credit facility Ÿ$1.0 billion amortizing term loan facility ŸLIBOR plus variable spread(between 175 basis points and 275 basis points) depending on consolidated total leverage ratio	March 2017	ŸCharge of $8.9 million recorded in Loss on Modification or Extinguishment of Debt
December 2012	Amendment No. 1 to Credit Agreement	Ÿ$300 million incremental term loan	March 2017	ŸCharge of $2.1 million recorded in Loss on Modification or Extinguishment of Debt ŸDeferred fees of $3.1 million will be amortized
September 2013	Amendment No. 2 to Credit Agreement	ŸAdded €75 million (approximately $100 million) revolving credit facility for borrowings in Euro and Pound Sterling and a ¥2.5 billion (approximately $25 million) revolving credit facility for borrowings in Yen. LIBOR plus variable spread (between 150 basis points and 250 basis points) depending on consolidated total leverage ratio	September 2018	ŸCharge of $1.2 million recorded in Loss on Modification or Extinguishment of Debt ŸDeferred fees of $2.2 million will be amortized
June 2014	Amendment No. 3 to Credit Agreement	ŸIncreased revolving credit facility under which borrowings can be made in Euros or Sterling by €63 million (approximately $86 million)	September 2018	ŸDeferred Fees of $0.2 million will be amortized
October 2014	Second Amended and Restated Credit Agreement	ŸIncreased the domestic revolving credit facility by $250 million and reduced the term loan by approximately $169 million. LIBOR plus variable spread (between 125 basis points and 225 basis points) depending on consolidated total leverage ratio	October 2019	ŸCharge of $2.3 million recorded in Loss on Modification or Extinguishment of Debt ŸDeferred fees of $2.4 million will be amortized

^(a) The Company's obligations under the Credit Agreement are secured by substantially all of the Company's domestic assets.