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INDEBTEDNESS (Tables)
3 Months Ended
Mar. 30, 2013
INDEBTEDNESS  
Schedule of debt activity (both current and non-current)

 

 

 

 

December 31,
2012

 

Borrowings

 

Repayments

 

Other (3)

 

March 30,
2013

 

Domestic revolving loan facility

 

$

 

$

 

$

 

$

 

$

 

Foreign revolving loan facility

 

 

 

 

 

 

Term loan

 

475.0

 

 

 

 

475.0

 

6.875% senior notes

 

600.0

 

 

 

 

600.0

 

7.625% senior notes

 

500.0

 

 

 

 

500.0

 

Trade receivables financing arrangement (1)

 

 

10.0

 

(10.0

)

 

 

Other indebtedness (2)

 

117.0

 

0.9

 

(5.6

)

3.4

 

115.7

 

Total debt

 

1,692.0

 

$

10.9

 

$

(15.6

)

$

3.4

 

1,690.7

 

Less: short-term debt

 

33.4

 

 

 

 

 

 

 

30.7

 

Less: current maturities of long-term debt

 

8.7

 

 

 

 

 

 

 

8.5

 

Total long-term debt

 

$

1,649.9

 

 

 

 

 

 

 

$

1,651.5

 

 

(1)                                 As of March 30, 2013, we could borrow under this arrangement, on a continuous basis, up to $130.0, as available. At March 30, 2013, we had $48.8 of available borrowing capacity under this facility. On April 17, 2013, we amended this arrangement to reduce the total borrowing capacity from $130.0 to $80.0.

 

(2)                                 Primarily included balances under a purchase card program of $26.1 and $27.9 and capital lease obligations of $78.2 and $82.3 at March 30, 2013 and December 31, 2012, respectively.

 

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