Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Debt and other financing arrangements

Debt, Capital lease obligations and Lease financing arrangements presented in the accompanying consolidated and combined financial statements consist of the following:

IN MILLIONS
For the year ended December 31,	2015			2014
Credit facilities:
Revolving credit facility	$	235.0		$	135.0
Term loan	300.0			150.0
6.375% senior notes due 2022, including bond premium	477.6			374.8
Notes Payable	1.5			—
Deferred financing costs	(17.6		)	(15.5		)
Long-term debt	996.5			644.3
Capital lease obligations	12.2			13.4
Lease financing arrangements	150.0			53.4
Total	$	1,158.7		$	711.1

Annual minimum payments associated with our other financing arrangements

The following table summarizes aggregate maturities of total future value and present value of the minimum payments associated with our Lease financing arrangements for the five years subsequent to December 31, 2015, and thereafter:

IN MILLIONS	Future Value of Payments		Interest		Present Value of Payments
2016	$	17.8	$	8.7	$	9.1
2017	16.8		8.3		8.5
2018	14.8		7.9		6.9
2019	15.1		7.5		7.6
2020	26.0		6.8		19.2
Thereafter	127.0		28.3		98.7
Total lease financing arrangements	$	217.5	$	67.5	$	150.0

Schedule of annual principal maturities of our 6 3/8% Senior Notes due 2022 and capital leases

The following table summarizes aggregate maturities of revolving credit facility and term loan, 6.375% senior notes due 2022 and capital leases for the five years subsequent to December 31, 2015, and thereafter:

IN MILLIONS	Revolving Credit Facility/Term Loan		6.375% Senior Notes		Capital Leases		Total
2016	$	—	$	—	$	3.1	$	3.1
2017	—		—		1.6		1.6
2018	235.0		—		1.5		236.5
2019	300.0		—		1.6		301.6
2020	—		—		1.7		1.7
Thereafter	—		474.8		2.7		477.5
Total debt	$	535.0	$	474.8	$	12.2	$	1,022.0