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Debt, Capital Leases, Financial Guarantees and Factoring Arrangements (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt and capital lease obligations consisted of the following:
  (amounts in millions)
June 30,
2015
 
December 31, 2014
Borrowings under lines of credit,
weighted average interest rate of 3.29% at June 30, 2015
$
22.4

 
$

 
 
 
 
USD Notes, due 2022,
interest at 6.50%
1,079.5

 

EUR Notes, due 2023,
interest at 6.00%
383.4

 

First lien secured credit facility and term loan, due 2020,
interest at the greater of 4.50% or LIBOR plus 3.5%
739.3

 
743.0

USD Incremental Loan, due 2020,
interest at the greater of 4.50% or LIBOR plus 3.50%
291.7

 
292.7

New Tranche B Term Loan, due 2020,
interest at the greater of 4.50% or LIBOR plus 3.50%
121.9

 
121.7

New Tranche B-2 Term Loan, due 2020,
interest at the greater of 4.75% or LIBOR plus 3.75%
482.1

 

Euro Tranche Term Loan, due 2020,
interest at the greater of 4.25% or LIBOR plus 3.25%
225.7

 
246.2

New Euro Tranche Term Loan, due 2020,
interest at the greater of 4.25% or LIBOR plus 3.25%
90.3

 

Capital lease obligations
4.5

 
2.0

Total debt and capital lease obligations
3,418.4

 
1,405.6

Less: current portion debt and capital lease obligations
(16.8
)
 
(13.2
)
Total long-term debt and capital lease obligations
$
3,401.6

 
$
1,392.4

Schedule of Maturities of Long-term Debt
Minimum principal payments on long-term debt and capital leases were as follows:
 (amounts in millions)
Principal Payments
Year ending December 31,
2015 - remaining
$
10.9

2016
20.8

2017
20.5

2018
20.4

2019
20.4

2020
1,892.6

Thereafter
1,492.1

   Total
$
3,477.7