INDEBTEDNESS (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Total Indebtedness

		December 31,
		2013		2012
2012 Facility		$	-	$	-
Notes payable:
	Series 2005-1 Notes due 2015, including fair value of interest rate swap of $10.3 million at 2013 and $13.8 million at 2012		310.3		313.8
	Series 2007-1 Notes due in 2017		300.0		300.0
	2010 Senior Notes, due 2020, net of unamortized discount of $2.2 million and $2.6 million in 2013 and 2012, respectively		497.8		497.4
	2012 Senior Notes, due 2022, net of unamortized discount of $3.5 million in 2013 and $3.8 million in 2012		496.5		496.2
	2013 Senior Notes, due 2024, net of unamortized discount of $2.8 million in 2013		497.2		-
2008 Term Loan, various payments through 2013			-		63.8
Total debt			2,101.8		1,671.2
Current portion			-		(63.8)
Total long-term debt		$	2,101.8	$	1,607.4

		December 31,
		2013		2012
2012 Facility		$	-	$	-
Notes payable:
	Series 2005-1 Notes due 2015, including fair value of interest rate swap of $10.3 million at 2013 and $13.8 million at 2012		310.3		313.8
	Series 2007-1 Notes due in 2017		300.0		300.0
	2010 Senior Notes, due 2020, net of unamortized discount of $2.2 million and $2.6 million in 2013 and 2012, respectively		497.8		497.4
	2012 Senior Notes, due 2022, net of unamortized discount of $3.5 million in 2013 and $3.8 million in 2012		496.5		496.2
	2013 Senior Notes, due 2024, net of unamortized discount of $2.8 million in 2013		497.2		-
2008 Term Loan, various payments through 2013			-		63.8
Total debt			2,101.8		1,671.2
Current portion			-		(63.8)
Total long-term debt		$	2,101.8	$	1,607.4

Principal Payments Due on Long-Term Borrowings

Year Ending December 31,		Series 2005-1 Notes		Series 2007-1 Notes		2010 Senior Notes		2012 Senior Notes		2013 Senior Notes		Total
2014	$	-	$	-	$	-	$	-	$	-	$	-
2015		300.0		-		-		-		-		300.0
2016		-		-		-		-		-		-
2017		-		300.0		-		-		-		300.0
2018		-		-		-		-		-		-
Thereafter		-				500.0		500.0		500.0		1,500.0
Total	$	300.0	$	300.0	$	500.0	$	500.0	$	500.0	$	2,100.0

Year Ending December 31,		Series 2005-1 Notes		Series 2007-1 Notes		2010 Senior Notes		2012 Senior Notes		2013 Senior Notes		Total
2014	$	-	$	-	$	-	$	-	$	-	$	-
2015		300.0		-		-		-		-		300.0
2016		-		-		-		-		-		-
2017		-		300.0		-		-		-		300.0
2018		-		-		-		-		-		-
Thereafter		-				500.0		500.0		500.0		1,500.0
Total	$	300.0	$	300.0	$	500.0	$	500.0	$	500.0	$	2,100.0

Summary of Components of Interest as Presented in Consolidated Statements of Operations

	Year Ended December 31,
	2013		2012		2011
Income	$	5.5	$	5.2	$	5.3
Expense on borrowings		(92.3)		(73.8)		(65.5)
(Expense) income on UTPs and other tax related liabilities		(8.6)		0.4		(8.7)
Legacy Tax (a)		3.6		4.4		3.7
Interest capitalized		-		-		3.1
Total	$	(91.8)	$	(63.8)	$	(62.1)
Interest paid (b)	$	81.9	$	94.4	$	67.2
(a) Represents a reduction of accrued interest related to the favorable resolution of Legacy Tax Matters, further discussed in Note 18 to the consolidated financial statements.
(b) Interest paid includes payments of interest relating to the settlement of income tax audits in the first quarter of 2012 as well as net settlements on interest rate swaps more fully discussed in Note 5.

	Year Ended December 31,
	2013		2012		2011
Income	$	5.5	$	5.2	$	5.3
Expense on borrowings		(92.3)		(73.8)		(65.5)
(Expense) income on UTPs and other tax related liabilities		(8.6)		0.4		(8.7)
Legacy Tax (a)		3.6		4.4		3.7
Interest capitalized		-		-		3.1
Total	$	(91.8)	$	(63.8)	$	(62.1)
Interest paid (b)	$	81.9	$	94.4	$	67.2
(a) Represents a reduction of accrued interest related to the favorable resolution of Legacy Tax Matters, further discussed in Note 18 to the consolidated financial statements.
(b) Interest paid includes payments of interest relating to the settlement of income tax audits in the first quarter of 2012 as well as net settlements on interest rate swaps more fully discussed in Note 5.

Fair Value and Carrying Value of Long-Term Debt

	December 31, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Series 2005-1 Notes*	$	310.3	$	319.2	$	313.8	$	326.1
Series 2007-1 Notes		300.0		334.7		300.0		348.3
2010 Senior Notes		497.8		536.6		497.4		562.8
2012 Senior Notes		496.5		497.0		496.2		528.8
2013 Senior Notes		497.2		501.2
2008 Term Loan		-		-		63.8		63.8
Total	$	2,101.8	$	2,188.7	$	1,671.2	$	1,829.8
* The carrying amount includes a $10.3 million and $13.8 million fair value adjustment on an interest rate hedge at December 31, 2013 and 2012, respectively.

	December 31, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Series 2005-1 Notes*	$	310.3	$	319.2	$	313.8	$	326.1
Series 2007-1 Notes		300.0		334.7		300.0		348.3
2010 Senior Notes		497.8		536.6		497.4		562.8
2012 Senior Notes		496.5		497.0		496.2		528.8
2013 Senior Notes		497.2		501.2
2008 Term Loan		-		-		63.8		63.8
Total	$	2,101.8	$	2,188.7	$	1,671.2	$	1,829.8
* The carrying amount includes a $10.3 million and $13.8 million fair value adjustment on an interest rate hedge at December 31, 2013 and 2012, respectively.