Lines of Credit and Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2016

The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions):



	As of March 31, 2016			As of December 31, 2015
Short-Term Debt:
Asset Securitization Program	$	180.0		$	200.0
Foreign obligations	4.0			4.1
Total short-term debt	$	184.0		$	204.1
Current maturities of long-term debt:
Capital lease obligations	$	1.1		$	1.2
Domestic credit facility	30.0			30.0
Debt issuance costs	(0.2		)	(0.2		)
Total current maturities of long-term debt	$	30.9		$	31.0
Long-Term Debt:
Capital lease obligations	$	15.4		$	15.6
Domestic credit facility	671.5			293.0
Senior unsecured notes	200.0			200.0
Debt issuance costs	(2.4		)	(2.6		)
Total long-term debt	$	884.5		$	506.0
Total debt	$	1,099.4		$	741.1

Eligible amounts available and beneficial interests sold

The eligible amounts available and beneficial interests sold were as follows (in millions):



	As of March 31, 2016		As of December 31, 2015
Eligible amount available under the ASP on qualified accounts receivable	$	180.0	$	220.0
Beneficial interest sold	180.0		200.0
Remaining amount available	$	—	$	20.0

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the facility was as follows:



	As of March 31, 2016		As of December 31, 2015
Weighted average borrowing rate	1.67	%	1.90	%

Schedule of required ratios under the domestic credit facility

The required ratios under our Domestic Credit Facility are detailed below:



Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	3.5 : 1.0
Cash Flow to Net Interest Expense Ratio no less than	3.0 : 1.0