Debt	9 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]
Debt	Debt On May 18, 2012, we entered into an amendment (the Amendment) to the Amended and Restated Credit Agreement (as amended to date, Credit Agreement) described in Note 11 - Debt of our Annual Report on Form 10-K for the year ended December 31, 2011. The Amendment modified the Credit Agreement by extending the expiration date of the borrowing arrangement to May 18, 2017, requiring that the equity interests of material foreign subsidiaries be pledged to support the obligations of Imation Europe B.V. (European Borrower), lowering the applicable margin on interest and lowering the minimum Consolidated Fixed Charge Coverage Ratio (as defined in the Credit Agreement) as well as certain other immaterial changes. The Credit Agreement includes a senior revolving credit facility amount of $200 million, including sub-limits of $150 million in the United States and $50 million in Europe. Advances are limited to the lesser of the sublimit(s) and the borrowing base as defined in the Credit Agreement. As of September 30, 2012, our borrowing capacity under this arrangement was $102.2 million in the United States and $15.2 million in Europe. Until August 15, 2012, borrowings under the Credit Agreement bore interest at a rate equal to (1) the Eurodollar Rate (as defined in the Credit Agreement) plus 2.00 percent or (2) the Base Rate (as defined in the Credit Agreement) plus 1.00 percent. Since such date the applicable margins for the Eurodollar Rate and the Base Rate have been subject to adjustments based on average daily availability (as defined in the Credit Agreement), as set forth in the definition of the “Applicable Rate” in the Credit Agreement. The Applicable Rate is a reduction of 125 basis points from the rate in effect prior to the Amendment. The applicable interest rate based on our borrowing capacity at September 30, 2012 was approximately 4.0 percent, however, we had no amounts outstanding under the Credit Agreement as of or during the nine months ended September 30, 2012. The Credit Agreement contains conditional financial covenants that require Imation Corp. to have a Consolidated Fixed Charge Coverage Ratio (as defined in the Credit Agreement) during certain periods as described in the Credit Agreement and a liquidity requirement during certain periods as described in the Credit Agreement. Previously the Consolidated Fixed Coverage Ratio was set to be not less than 1.20 to 1.00, and the Amendment lowered such ratio to be not less than 1:00. The Amendment also changed the liquidity requirement to a domestic borrowing availability requirement of $30.0 million. We were in compliance with these financial covenants as of September 30, 2012. In connection with the Credit Agreement, we capitalized $2.6 million of debt issuance costs. These costs were recorded to Other assets in the Condensed Consolidated Balance Sheets as of September 30, 2012 and will be amortized over the term of the Credit Agreement.

Debt

On May 18, 2012, we entered into an amendment (the Amendment) to the Amended and Restated Credit Agreement (as amended to date, Credit Agreement) described in Note 11 - Debt of our Annual Report on Form 10-K for the year ended December 31, 2011. The Amendment modified the Credit Agreement by extending the expiration date of the borrowing arrangement to May 18, 2017, requiring that the equity interests of material foreign subsidiaries be pledged to support the obligations of Imation Europe B.V. (European Borrower), lowering the applicable margin on interest and lowering the minimum Consolidated Fixed Charge Coverage Ratio (as defined in the Credit Agreement) as well as certain other immaterial changes.

The Credit Agreement includes a senior revolving credit facility amount of $200 million, including sub-limits of $150 million in the United States and $50 million in Europe. Advances are limited to the lesser of the sublimit(s) and the borrowing base as defined in the Credit Agreement. As of September 30, 2012, our borrowing capacity under this arrangement was $102.2 million in the United States and $15.2 million in Europe.

Until August 15, 2012, borrowings under the Credit Agreement bore interest at a rate equal to (1) the Eurodollar Rate (as defined in the Credit Agreement) plus 2.00 percent or (2) the Base Rate (as defined in the Credit Agreement) plus 1.00 percent. Since such date the applicable margins for the Eurodollar Rate and the Base Rate have been subject to adjustments based on average daily availability (as defined in the Credit Agreement), as set forth in the definition of the “Applicable Rate” in the Credit Agreement. The Applicable Rate is a reduction of 125 basis points from the rate in effect prior to the Amendment.

The applicable interest rate based on our borrowing capacity at September 30, 2012 was approximately 4.0 percent, however, we had no amounts outstanding under the Credit Agreement as of or during the nine months ended September 30, 2012.

The Credit Agreement contains conditional financial covenants that require Imation Corp. to have a Consolidated Fixed Charge Coverage Ratio (as defined in the Credit Agreement) during certain periods as described in the Credit Agreement and a liquidity requirement during certain periods as described in the Credit Agreement. Previously the Consolidated Fixed Coverage Ratio was set to be not less than 1.20 to 1.00, and the Amendment lowered such ratio to be not less than 1:00. The Amendment also changed the liquidity requirement to a domestic borrowing availability requirement of $30.0 million. We were in compliance with these financial covenants as of September 30, 2012.

In connection with the Credit Agreement, we capitalized $2.6 million of debt issuance costs. These costs were recorded to Other assets in the Condensed Consolidated Balance Sheets as of September 30, 2012 and will be amortized over the term of the Credit Agreement.