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Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt [Abstract]  
Debt
The Company’s debt at September 30, 2017 and December 31, 2016 is summarized as follows:

  
September 30,
2017
  
December 31,
2016
 
       
Short-term borrowings
 
$
-
  
$
-
 
Long-term debt:
        
Revolving credit facility, due 2020
 
$
-
  
$
-
 
Receivables financing agreement, due 2020
  
-
   
-
 
Term loan denominated in U.S. dollars, due 2020 (1) (3)
  
-
   
1,833.2
 
Term loan denominated in Euros, due 2020 (2) (4)
  
-
   
405.5
 
Term loan denominated in U.S. dollars, due 2024 (5)
  
1,285.5
   
-
 
Term loan denominated in Euros, due 2024 (6)
  
726.4
   
-
 
Senior notes, due 2021 (7)
  
-
   
575.0
 
Second mortgages (8)
  
1.9
   
1.9
 
Capitalized leases and other long-term debt
  
19.3
   
21.6
 
Unamortized debt issuance costs
  
(5.1
)
  
(58.9
)
Total long-term debt, net, including current maturities
  
2,028.0
   
2,778.3
 
Current maturities of long-term debt
  
21.1
   
24.5
 
Total long-term debt, net
 
$
2,006.9
  
$
2,753.8
 
 
(1)
This amount is shown net of unamortized discounts of $5.0 million as of December 31, 2016.

(2)
This amount is shown net of unamortized discounts of $1.4 million as of December 31, 2016.

(3)
The weighted-average interest rate was 4.56% for the period from January 1, 2017 through August 17, 2017.

(4)
The weighted-average interest rate was 4.75% for the period from January 1, 2017 through August 17, 2017.

(5)
At September 30, 2017, the applicable interest rate was 4.08% and the weighted-average rate was 4.01% for the period from August 17, 2017 through September 30, 2017.

(6)
At September 30, 2017, the applicable interest rate was 3.00% and the weighted-average rate was 3.00% for the period from August 17, 2017 through September 30, 2017.

(7)
This amount consists of the $575.0 million aggregate principal 6.875% senior notes due 2021 that were entered into in connection with the KKR transaction on July 30, 2013.  Interest on the Senior Notes is payable on February 15 and August 15 of each year.  The senior notes were redeemed in May 2017.

(8)
This amount consists of a fixed-rate 4.80% commercial loan with an outstanding balance of €1.6 million at September 30, 2017.  This loan is secured by the Company’s facility in Bad Neustadt, Germany.