Debt and Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

Total Debt Outstanding

Our total debt outstanding consisted of the amounts included in the table below:

	March 31, 2014		December 31, 2013
Short-term borrowings (1)	$	685.0	$	81.6
Current portion of long-term debt(2) (3)		10.6		201.5
Total current debt		695.6		283.1
Term Loan A Facility due October 2016, less unamortized lender fees of $7.0 in 2014 and $8.4 in 2013 (2) (3)		628.6		634.8
Term Loan B Facility due October 2018, less unamortized lender fees of $7.0 in 2014 and $7.3 in 2013, and unamortized discount of $10.3 in 2014 and $10.8 in 2013 (3)		682.1		681.6
8.125% Senior Notes due September 2019		750.0		750.0
6.50% Senior Notes due December 2020		425.0		424.1
8.375% Senior Notes due September 2021		750.0		750.0
5.25% Senior Notes due April 2023		425.0		425.0
6.875% Senior Notes due July 2033, less unamortized discount of $1.4 in 2014 and 2013		448.6		448.6
Other		1.1		2.3
Total long-term debt, less current portion		4,110.5		4,116.4
Total debt(5)	$	4,806.1	$	4,399.5

⁽¹⁾  Includes $217 million outstanding under our U.S. and European accounts receivable securitization programs and $385 million outstanding under our revolving credit facility as of March 31, 2014. The weighted average interest rate for the revolving credit facility borrowings was 2.72% at March 31, 2014.

⁽²⁾  The 12% Senior Notes due February 2014 (“12% Senior Notes”) were included in current portion of long-term debt as of December 31, 2013. We repaid the 12% Senior Notes upon their maturity using cash on hand and committed liquidity.

⁽³⁾  We reclassified $9 million of Term Loan A and Term Loan B installment payments to current portion of long term debt. In the three months ended March 31, 2014, we prepaid $50 million of our Term Loan A Facility, which was classified as current portion of long-term debt at December 31, 2013.

⁽⁴⁾  The weighted average interest rate on our total outstanding debt was 5.6% as of March 31, 2014 and 6.2% as of December 31, 2013.

Lines of Credit

The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including our senior secured credit facility, and the amounts available under our U.S. and European accounts receivable securitization programs. We are not subject to any material compensating balance requirements in connection with our lines of credit.

	March 31, 2014		December 31, 2013
Used lines of credit	$	685.0	$	81.6
Unused lines of credit		649.7		1,224.0
Total available lines of credit	$	1,334.7	$	1,305.6
Available lines of credit — committed	$	951.2	$	930.9
Available lines of credit — uncommitted		383.5		374.7
Total available lines of credit	$	1,334.7	$	1,305.6

Other Lines of Credit

The following table details our other lines of credit:

	March 31, 2014			December 31, 2013
Available lines of credit	$	406.2		$	396.6
Unused lines of credit		323.5			315.0
Weighted average interest rate		14.9	%		12.3	%