Debt and Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2019

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



(In millions)	March 31, 2019		December 31, 2018
Short-term borrowings⁽¹⁾	$	251.7	$	232.8
Current portion of long-term debt⁽²⁾	31.2		4.9
Total current debt	282.9		237.7
Term Loan A due July 2023	223.3		222.2
6.50% Senior Notes due December 2020	424.1		424.0
4.875% Senior Notes due December 2022	421.3		421.1
5.25% Senior Notes due April 2023	421.4		421.2
4.50% Senior Notes due September 2023	446.1		454.9
5.125% Senior Notes due December 2024	421.5		421.3
5.50% Senior Notes due September 2025	397.2		397.1
6.875% Senior Notes due July 2033	445.6		445.5
Other⁽²⁾	84.1		29.2
Total long-term debt, less current portion⁽³⁾	3,284.6		3,236.5
Total debt⁽⁴⁾	$	3,567.5	$	3,474.2

⁽¹⁾

Short-term borrowings of $251.7 million at March 31, 2019 are comprised of $165.0 million under our revolving credit facility, $75.0 million under our European securitization program and $11.7 million of short-term borrowings from various lines of credit. Short-term borrowings of $232.8 million at December 31, 2018 were comprised $140.0 million under our revolving credit facility, $83.9 million under our European securitization program and $8.9 million of short-term borrowings from various lines of credit.


⁽²⁾	Due to the adoption of ASU 2016-02, the March 31, 2019 Current portion of long-term debt and Other balances include $30.2 million and $82.0 million, respectively for the liability associated with our finance and operating leases. See Note 4, "Leases," of the Notes to Condensed Consolidated Financial Statements for additional information.


⁽³⁾	Amounts are net of unamortized discounts and issuance costs of $23.3 million as March 31, 2019 and $24.3 million as of December 31, 2018.


⁽⁴⁾	As of March 31, 2019, our weighted average interest rate on our short-term borrowings outstanding was 2.9% and on our long-term debt outstanding was 5.4%. As of December 31, 2018, our weighted average interest rate on our short-term borrowings outstanding was 2.8% and on our long-term debt outstanding was 5.4%.

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.



(In millions)	March 31, 2019		December 31, 2018
Used lines of credit⁽¹⁾	$	251.7	$	232.8
Unused lines of credit	1,101.4		1,135.3
Total available lines of credit⁽²⁾	$	1,353.1	$	1,368.1


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


⁽²⁾	Of the total available lines of credit, $1,136.6 million was committed as of March 31, 2019.