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Debt and Financing (Tables)
 6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Our outstanding debt as of June 30, 2018 consisted of the following:
As of June 30, 2018 (in millions)
Par Value
 
Discount
 
Debt Issuance Costs
 
Book
Value
 
Stated
Interest Rate
 
Average Effective
Interest Rate
Term Loan
$
586.5

 
$
(9.1
)
 
$
(7.4
)
 
$
570.0

 
10.6
%
(a) 
11.0
%
ABL Facility
—

 
—

 
—

 
—

 
N/A

 
N/A

Secured Second A&R CDA
26.9

 
—

 
(0.1
)
 
26.8

 
7.0-18.3%

 
7.9
%
Unsecured Second A&R CDA
48.2

 
—

 
(0.3
)
 
47.9

 
7.0-18.3%

 
7.9
%
Lease financing obligations
249.1

 
—

 
(0.6
)
 
248.5

 
8.7-18.2%

 
12.0
%
Total debt
$
910.7

 
$
(9.1
)
 
$
(8.4
)
 
$
893.2

 
 
 
 
Current maturities of Term Loan
(18.0
)
 
—

 
—

 
(18.0
)
 
 
 
 
Current maturities of lease financing obligations
(9.0
)
 
—

 
—

 
(9.0
)
 
 
 
 
Current maturities of Unsecured Second A&R CDA
$
(1.5
)
 
$
—

 
$
—

 
$
(1.5
)
 
 
 
 
Long-term debt
$
882.2

 
$
(9.1
)
 
$
(8.4
)
 
$
864.7

 
 
 
 

(a)  
Variable interest rate of 1, 3 or 6-month LIBOR, with a floor of 1.0%, plus a fixed margin of 8.50%.
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
June 30, 2018
3.50 to 1.00
 
March 31, 2020
3.00 to 1.00
September 30, 2018
3.50 to 1.00
 
June 30, 2020
3.00 to 1.00
December 31, 2018
3.50 to 1.00
 
September 30, 2020
2.75 to 1.00
March 31, 2019
3.25 to 1.00
 
December 31, 2020
2.75 to 1.00
June 30, 2019
3.25 to 1.00
 
March 31, 2021
2.75 to 1.00
September 30, 2019
3.25 to 1.00
 
June 30, 2021 and thereafter
2.50 to 1.00
December 31, 2019
3.00 to 1.00
 
 
 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The book value and estimated fair values of our long-term debt, including current maturities and other financial instruments, are summarized as follows:
 
 
June 30, 2018
 
December 31, 2017
(in millions)
Book Value
 
Fair value
 
Book Value
 
Fair value
Term Loan
$
570.0

 
$
595.8

 
$
576.8

 
$
596.9

Lease financing obligations
248.5

 
248.1

 
254.6

 
257.7

Second A&R CDA
74.7

 
76.3

 
74.7

 
75.3

Total debt
$
893.2

 
$
920.2

 
$
906.1

 
$
929.9