INDEBTEDNESS AND BORROWING FACILITY (Tables)

6 Months Ended

Jun. 30, 2018

Table Text Blocks

Summary of long-term debt

	June 30,		December 31,
(In millions)	2018		2017
Senior floating rate notes due June 2020	$	—	$	290.0
Term loan due April 2021		231.0		431.0
Senior notes due May 2022		404.0		409.0
Total principal amount		635.0		1,130.0
Less unamortized discount and debt issuance costs		(6.5)		(13.6)
Total long-term debt	$	628.5	$	1,116.4
Estimated fair value of long-term debt	$	641.3	$	1,113.8