INDEBTEDNESS (Tables)

9 Months Ended

Oct. 01, 2011

INDEBTEDNESS

Schedule of debt activity (both current and non-current)

	December 31, 2010		Borrowings		Repayments			Other (6)		October 1, 2011
Domestic revolving loan facility	$	—	$	660.0	$	(660.0	)	$	—	$	—
6.875% senior notes (1)	600.0		—		—			—		600.0
7.625% senior notes	500.0		—		—			—		500.0
7.50% senior notes (2)	28.2		—		(28.2		)	—		—
6.25% senior notes (3)	21.3		—		(21.3		)	—		—
Trade receivables financing arrangement (4)	—		96.0		(50.0		)	—		46.0
Other indebtedness (5)	48.1		3.8		(2.3		)	6.0		55.6
Total debt	1,197.6		$	759.8	$	(761.8	)	$	6.0	1,201.6
Less: short-term debt	36.3									85.5
Less: current maturities of long-term debt	50.8									1.3
Total long-term debt	$	1,110.5								$	1,114.8

(1)In August 2010, we issued $600.0 of 6.875% senior notes that mature in 2017. The proceeds from the issuance were used to repay the remaining balance ($562.5) under the term loan of our then-existing senior credit facilities. In connection with the early repayment of the term loan, we also terminated the related interest rate protection agreements. Cost associated with the early repayment of the term loan and the termination of the interest rate protection agreements totaled $25.6, including $1.1 for the write-off of deferred financing costs, $0.2 for fees related to the early repayment of the term loan, and $24.3 to settle the interest rate protection agreements.

(2)These notes were redeemed in full in January 2011.

(3)These notes were redeemed in full in June 2011.

(4)Under this arrangement, we can borrow, on a continuous basis, up to $130.0, as available.

(5)Includes balances under a purchase card program of $38.8 and $36.1 at October 1, 2011 and December 31, 2010, respectively.

(6)“Other” includes debt assumed and foreign currency translation on any debt instruments denominated in currencies other than the U.S. dollar.

Schedule of fees charged and the interest rate margins applicable to Eurodollar and alternate base rate loans

Consolidated Leverage Ratio	Domestic Revolving Commitment Fee		Global Revolving Commitment Fee		Letter of Credit Fee		Foreign Credit Commitment Fee and Bilateral Foreign Credit Fee		Foreign Credit Instrument Fee and Bilateral Foreign Credit Fee		LIBOR Rate Loans		ABR Loans
Greater than or equal to 3.00 to 1.0	0.40	%	0.40	%	2.00	%	0.40	%	1.25	%	2.00	%	1.00	%
Between 2.00 to 1.0 and 3.00 to 1.0	0.35	%	0.35	%	1.875	%	0.35	%	1.125	%	1.875	%	0.875	%
Between 1.50 to 1.0 and 2.00 to 1.0	0.30	%	0.30	%	1.75	%	0.30	%	1.00	%	1.75	%	0.75	%
Between 1.00 to 1.0 and 1.50 to 1.0	0.275	%	0.275	%	1.50	%	0.275	%	0.875	%	1.50	%	0.50	%
Less than 1.00 to 1.0	0.25	%	0.25	%	1.25	%	0.25	%	0.75	%	1.25	%	0.25	%

Schedule of interest rate margins applicable to Libor and alternate base rate term loans

Consolidated Leverage Ratio	LIBOR Rate Loans		ABR Loans
Greater than or equal to 3.00 to 1.0	2.250	%	1.250	%
Between 2.00 to 1.0 and 3.00 to 1.0	2.125	%	1.125	%
Between 1.50 to 1.0 and 2.00 to 1.0	2.000	%	1.000	%
Between 1.00 to 1.0 and 1.50 to 1.0	1.750	%	0.750	%
Less than 1.00 to 1.0	1.500	%	0.500	%