XML 31 R32.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Debt (Details) (USD $)
In Millions, unless otherwise specified
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 29, 2011
Jul. 01, 2011
Apr. 01, 2011
Jul. 02, 2010
Apr. 02, 2010
Jul. 01, 2011
Jul. 02, 2010
Dec. 31, 2010
Debt Instrument [Line Items]                
Pre-tax gain / (loss) related to retirement of notes   $ (0.1)   $ 0.8 $ 0.3   $ (29.7)  
Reduction of accreted value of convertible debt, debt component 11.6     28.6   37.4    
Retired amount of 10% Senior Notes due 2014             150.8  
Interest rate of Senior Notes   5.95%       5.95%    
Debt (Textuals) [Abstract]                
Total debt outstanding   964.2       964.2   892.4
Weighted-average cost of borrowings   5.00%   6.30%   5.10% 6.80%  
Conversion value of bonds converted   0            
Debt issuance cost written off         2.5      
Reduction in equity in connection with repurchase, net of reduction in deferred tax liability           22.9    
Net (loss) gain on retirement of debt   (0.1)   0.8 0.3   (29.7)  
Receivables Sold   517.9       517.9   407.8
Retired remaining Notes due 2033       40.9   (82.2)    
Reduction in accreted value of debt settled by shares 13.3         1.6    
Reduction in equity in connection with repurchase       13.1   44.9 13.1  
Reduction in deferred tax liability       8.0   22.0    
Committed, unused available credit lines   259.8       259.8    
Carrying amount of liabilities, consolidated VIE   245.0       245.0   200.0
Maximum fund permitted to fund for payment of dividends and share repurchases under revolving credit agreement           $175 million plus 50 percent of company's cumulative net income from the effective date of the new agreement    
Proforma leveraged ratio and accounts receivable securitization facility under revolving credit agreement           Anixter Inc. will be allowed to prepay, purchase or redeem indebtedness of the Company, provided that its proforma leverage ratio (as defined) is less than or equal to 2.75 to 1.00 and that its unrestricted domestic cash balance plus availability under the revolving credit agreement and the accounts receivable securitization facility is equal to or greater than $175 million    
Current leverage ratio applicable margin under revolving credit agreement           Libor plus 200 basis points    
Liquidity termination date of the program   May 2013            
Former program maturity date   July 2011            
Maturity date of the new agreement   April 2016            
Renewed program all-in drawn funding cost   CP plus 115 basis points CP plus 90 basis points          
Unused capacity fees           decreased from 57.5 to 60 basis points to 45 to 55 basis points depending on utilization    
Loss on write off of deferred financing costs before tax           0.1    
10% Senior Notes Due 2014 [Member]
               
Debt Instrument [Line Items]                
Pre-tax gain / (loss) related to retirement of notes         30.5 0.1    
Reduction of accreted value of convertible debt, debt component         121.9      
Retired amount of 10% Senior Notes due 2014         150.8      
Interest rate of Senior Notes         10.00%      
Debt (Textuals) [Abstract]                
Net (loss) gain on retirement of debt         30.5 0.1    
Accounts Receivable Securitization Facility [Member]
               
Debt Instrument [Line Items]                
Line of Credit Facility Maximum Borrowing Capacity   275 200     275    
Other Debt Agreements [Member]
               
Debt Instrument [Line Items]                
Line of Credit Facility Maximum Borrowing Capacity   $ 400 $ 350     $ 400