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Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt  
Components of debt obligations

        The Company's debt obligations consist of the following as of December 31, (in millions):

                                                                                                                                                                                    

 

 

2015

 

2014

 

US Dollar revolving loan under the 2015 Agreement

 

$

25.0

 

$

 

US Dollar revolving loan under the Amended Credit Agreement

 

 

 

 

112.5

 

US Dollar notes under the Note Purchase Agreement

 

 

240.0

 

 

240.0

 

Capital lease obligations and other loans

 

 

1.7

 

 

2.5

 

​  

​  

​  

​  

Total debt

 

 

266.7

 

 

355.0

 

Current portion of long-term debt

 

 

(0.7

)

 

(0.8

)

​  

​  

​  

​  

Total long-term debt, less current portion

 

$

266.0

 

$

354.2

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of maximum commitments and net amounts available under revolving loan and line of credit arrangements

        The following is a summary of the maximum commitments and the net amounts available to the Company at December 31, 2015 (in millions):

                                                                                                                                                                                    

 

 

Weighted
Average
Interest
Rate

 

Total Amount
Committed by
Lenders

 

Outstanding
Borrowings

 

Outstanding
Letters of
Credit

 

Total
Amount
Available

 

2015 Credit Agreement

 

 

1.5 

%

$

500.0 

 

$

25.0 

 

$

1.0 

 

$

474.0 

 

Other lines of credit

 

 

 

 

234.4 

 

 

 

 

136.7 

 

 

97.7 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total revolving loans

 

 

 

 

$

734.4 

 

$

25.0 

 

$

137.7 

 

$

571.7 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        

Annual maturities of debt outstanding

        Annual maturities of debt outstanding at December 31, 2015 are as follows (in millions):

                                                                                                                                                                                    

2016

 

$

0.7 

 

2017

 

 

20.1 

 

2018

 

 

0.2 

 

2019

 

 

15.2 

 

2020

 

 

25.1 

 

Thereafter

 

 

205.4 

 

​  

​  

Total

 

$

266.7 

 

​  

​  

​  

​