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MULTI-EMPLOYER WITHDRAWAL LIABILITY (Tables)
12 Months Ended
Dec. 31, 2015
MULTI-EMPLOYER WITHDRAWAL LIABILITY  
Schedule of future estimated annual cash payments to the multi-employer pension plan

 

 

 

As of December 31,

 

Year

 

(in millions)

 

2016

 

$

4.1

 

2017

 

4.1

 

2018

 

4.1

 

2019

 

4.1

 

2020

 

4.1

 

Thereafter

 

52.3

 

 

 

 

 

Total future payments

 

72.8

 

Less: amount representing interest

 

(12.5

)

 

 

 

 

Present value of remaining withdrawal liability

 

60.3

 

Current portion of withdrawal liability

 

(4.1

)

 

 

 

 

Long-term portion of withdrawal liability

 

$

56.2