Debt and Financing (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Our outstanding debt as of September 30, 2015 and December 31, 2014 consisted of the following:

As of September 30, 2015 (in millions)	Par Value			Discount			Book Value			Stated Interest Rate		Average Effective Interest Rate
Term Loan	$	687.8		$	(4.7	)	$	683.1		8.3	%	8.5	%
ABL Facility(a)	—			—			—			N/A		N/A
Secured Second A&R CDA	44.7			—			44.7			3.3-18.3%		7.3	%
Unsecured Second A&R CDA	73.2			—			73.2			3.3-18.3%		7.3	%
Lease financing obligations	279.8			—			279.8			10.0-18.2%		12.0	%
Total debt	$	1,085.5		$	(4.7	)	$	1,080.8
Current maturities of Term Loan	(7.0		)	—			(7.0		)
Current maturities of lease financing obligations	(8.5		)	—			(8.5		)
Long-term debt	$	1,070.0		$	(4.7	)	$	1,065.3

^(a) There were no amounts drawn on the ABL Facility at any time during the nine months ended September 30, 2015.

As of December 31, 2014 (in millions)	Par Value			Discount			Book Value			Stated Interest Rate		Average Effective Interest Rate
Term Loan	$	693.0		$	(5.7	)	$	687.3		8.3	%	8.5	%
ABL Facility(a)	—			—			—			N/A		N/A
Series B Notes	17.7			(0.6		)	17.1			10.0	%	25.6	%
Secured Second A&R CDA	47.0			—			47.0			3.3-18.3%		7.3	%
Unsecured Second A&R CDA	73.2			—			73.2			3.3-18.3%		7.3	%
Lease financing obligations	285.1			—			285.1			10.0-18.2%		12.0	%
Other	0.2			—			0.2
Total debt	$	1,116.2		$	(6.3	)	$	1,109.9
Current maturities of Term Loan	(7.0		)	—			(7.0		)
Current maturities of Series B Notes	(17.7		)	0.6			(17.1		)
Current maturities of lease financing obligations	(6.8		)	—			(6.8		)
Current maturities of other	(0.2		)	—			(0.2		)
Long-term debt	$	1,084.5		$	(5.7	)	$	1,078.8

^(a) There were no amounts drawn on the ABL Facility at any time during the twelve months ended December 31, 2014.

Schedule of Maximum Total Leverage Ratio for Remaining Test Periods [Table Text Block]

Our total maximum leverage ratio covenants are as follows:

Four Consecutive Fiscal Quarters Ending	Maximum Total Leverage Ratio	Four Consecutive Fiscal Quarters Ending	Maximum Total Leverage Ratio
September 30, 2015	4.50 to 1.00	December 31, 2016	3.50 to 1.00
December 31, 2015	4.25 to 1.00	March 31, 2017	3.25 to 1.00
March 31, 2016	4.00 to 1.00	June 30, 2017	3.25 to 1.00
June 30, 2016	3.75 to 1.00	September 30, 2017	3.25 to 1.00
September 30, 2016	3.75 to 1.00	December 31, 2017 and thereafter	3.00 to 1.00

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The carrying amounts and estimated fair values of our long-term debt, including current maturities and other financial instruments, are summarized as follows:

	September 30, 2015				December 31, 2014
(in millions)	Carrying amount		Fair value		Carrying amount		Fair value
Term Loan	$	683.1	$	673.2	$	687.3	$	685.4
Series B Notes	—		—		17.1		17.7
Lease financing obligations	279.8		284.7		285.1		282.2
Other	117.9		115.4		120.4		119.1
Total debt	$	1,080.8	$	1,073.3	$	1,109.9	$	1,104.4