Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2015

Our total debt outstanding consisted of the amounts set forth on the following table:

	September 30,		December 31,
(In millions)	2015		2014
Short-term borrowings ⁽¹⁾	$	280.5	$	130.4
Current portion of long-term debt		34.7		1.1
Total current debt		315.2		131.5
Term Loan A due July 2017, less unamortized lender fees of $0.2 million in 2015 and $0.3 million in 2014		249.8		249.7
Term Loan A due July 2019, less unamortized lender fees of $8.8 million in 2015 and $10.6 million in 2014⁽²⁾		1,080.1		1,129.4
6.50% Senior Notes due December 2020		427.8		428.1
8.375% Senior Notes due September 2021		—		750.0
4.875% Senior Notes due December 2022		425.0		425.0
5.25% Senior Notes due April 2023		425.0		425.0
4.50% Senior Notes due September 2023		449.9		—
5.125% Senior Notes due December 2024		425.0		425.0
5.50% Senior Notes due September 2025		400.0		—
6.875% Senior Notes due July 2033, less unamortized discount of $1.3 million in 2015 and $1.3 million in 2014		448.7		448.7
Other		3.6		1.6
Total long-term debt, less current portion		4,334.9		4,282.5
Total debt⁽³⁾	$	4,650.1	$	4,414.0

⁽¹⁾

Short-term borrowings of $281 million at September 30, 2015 are comprised primarily of $67 million of borrowings outstanding under our U.S. accounts receivable securitization program, $40 million of borrowings outstanding under our European accounts receivable securitization program, $90 million outstanding under our revolving credit facility and $83 million short-term borrowing from various lines of credit. Short-term borrowings at December 31, 2014 are comprised primarily of $36 million of borrowings outstanding under our U.S. accounts receivable securitization program, $23 million outstanding under our revolving credit facility and $71 million short-term borrowings from various lines of credit.

⁽²⁾	Term Loan A facility due July 2019 has required prepayments which are due in 2016.

⁽³⁾	The weighted average interest rate on our total outstanding debt was 4.5% as of September 30, 2015 and 5.2% as of December 31, 2014.

Lines of Credit

The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the Revolving Credit Facility discussed above, and the amounts available under our accounts receivable securitization programs. We are not subject to any material compensating balance requirements in connection with our lines of credit.

	September 30,		December 31,
(In millions)	2015		2014
Used lines of credit⁽¹⁾	$	280.5	$	130.4
Unused lines of credit		977.8		1,101.7
Total available lines of credit⁽²⁾	$	1,258.3	$	1,232.1

⁽¹⁾	Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and borrowings under lines of credit available to several foreign subsidiaries.

⁽²⁾	Of the total available lines of credit, $887 million were committed as of September 30, 2015.