5. Financing Agreements

	March 31,		September 30,
	2014		2013
$700 revolving credit facility (excludes outstanding letters of credit)	$	291.2	$	325.5
$200 term loan	185.0		190.0
$150 senior unsecured notes, due July 15, 2020, net of discount	148.9		148.8
Other borrowings	1.0		—
Total debt	626.1		664.3
Less: current portion	13.5		10.0
Total long-term debt	$	612.6	$	654.3

With respect to the $700 revolving credit facility (the “Facility”), as of March 31, 2014, we had $15.2 in outstanding letters of credit issued and $393.6 of maximum borrowing capacity. Approximately $283 of borrowing capacity is immediately available based on our leverage covenant at March 31, 2014, with additional amounts available in the event of a qualifying acquisition. The weighted-average interest rate on borrowings under the Facility were 1.37% and 1.36% for the three- and six-month periods ended March 31, 2014, and 1.39% and 1.38% for the same periods in the prior year. The Facility carries a leverage-based facility fee, assessed on the entire facility amount.

The weighted average interest rates on the term loan were 1.66% and 1.67% for the three- and six-month periods ended March 31, 2014, and 1.71% and 1.74% for the same periods in the prior year.

In the normal course of business, the Process Equipment Group provides certain customers with bank guarantees and other credit arrangements in support of performance, warranty, advance payment, and other contractual obligations. This form of trade finance is customary in the industry and, as a result, we maintain adequate capacity to provide the guarantees. As of March 31, 2014, we had credit capacity totaling $291.6 under which $217.3 was utilized for this purpose. These arrangements include a €150.0 Syndicated Letter of Guarantee Facility (“LG Facility”) under which unsecured letters of credit, bank guarantees, or other surety bonds may be issued.

The availability of borrowings under the Facility and the LG Facility is subject to our ability to meet certain conditions including compliance with covenants, absence of default, and continued accuracy of certain representations and warranties. As of March 31, 2014, we were in compliance with all covenants.

Other borrowings of $1.0 at March 31, 2014 were comprised of debt at international locations maintained for working capital purposes.

We had restricted cash of $0.5 and $1.3 at March 31, 2014 and 2013.