DEBT (Tables)

12 Months Ended

Dec. 31, 2017

DEBT

Schedule of debt

At December 31, 2017 and 2016, the Company’s debt consisted of the following:

	As of December 31,
(In millions)	2017		2016
Private Placement Term Loans:
5.79 %, payable through 2020	$	17.5	$	24.5
3.66 %, payable through 2023		50.1		59.3
4.16 %, payable through 2027		49.8		55.0
3.37 %, payable through 2027		75.0		75.0
3.14 %, payable through 2031		200.0		200.0
4.31 %, payable through 2032		35.1		37.5
4.35 %, payable through 2044		100.0		100.0
3.92 %, payable through 2045		73.2		75.0
Title XI Bonds:
5.34 %, payable through 2028		24.2		26.4
5.27 %, payable through 2029		26.4		28.6
Revolving credit facility		205.0		55.0
Capital leases		0.8		2.6
Total Debt		857.1		738.9
Less: Current portion		(30.8)		(31.8)
Total Long-term Debt	$	826.3	$	707.1

Schedule of maturities of debt

At December 31, 2017, debt maturities during the next five years and thereafter are as follows:

Year (in millions)	Total
2018	$	30.8
2019		42.1
2020		48.4
2021		54.2
2022		264.9
Thereafter		416.7
Total debt	$	857.1