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Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term debt
Long-term debt consists of the following:
 
 
 
 
 
 
 
Carrying Value at
 
Issuance Date
 
Maturity Date
 
Interest Rate at
December 31, 2014
 
December 31, 2014
 
December 31, 2013
 
 
 
 
 
 
 
(In millions)
Senior Notes
April 1, 2011

 
April 1, 2021
 
8.125
%
 
$
250.0

 
$
250.0

Revolving credit

 
July 31, 2019
 
1.69
%
 
162.0

 
111.0

Term loan

 
July 31, 2019
 
2.25
%
 
28.8

 
18.7

Other
Various

 
Various
 
Various

 
3.0

 
3.9

Total debt
 
 
 
 
 
 
443.8

 
383.6

Less current maturities
 
 
 
 
 
 
9.4

 
4.4

Total long-term debt, net of current portion
 
 
 
 
 
 
$
434.4

 
$
379.2

Fair Value of Debt
The following table represents fair value information of the Notes, classified as Level 1, at December 31, 2014 and December 31, 2013. The fair value was estimated using quoted market prices.

 
December 31, 2014
 
December 31, 2013
 
(In millions)
Carrying amount
$
250.0

 
$
250.0

Fair value
$
266.3

 
$
275.6

Maturities of Long-term Debt
Maturities of long-term debt during each of the five years subsequent to December 31, 2014 follow:
 
(In millions)
2015
$
9.4

2016
$
12.2

2017
$
12.1

2018
$
6.5

2019
$
153.6