Debt

3 Months Ended

Mar. 31, 2020

Debt:

The following table presents short-term and long-term debt by issuance as of March 31, 2020 and December 31, 2019:



	Issuance Date	Maturity Date	2020			2019
Short-term debt and current portion of long-term debt:
Syndicated revolving credit facility	Various	Various	$	440.0		$	495.0
Finance lease liabilities ⁽¹⁾	Various	Various		4.0			4.4
Short-term debt and current portion of long-term debt				444.0			499.4
Long-term debt:
Senior notes:
4.125% senior notes, inclusive of unamortized premium, and net of unamortized discount and debt issuance costs of $13.5 and $13.9, respectively	03/06/2019	03/15/2029		613.5			613.9
4.000% senior notes, less unamortized discount and debt issuance costs of $(6.4) and $(6.7), respectively	05/15/2015	06/15/2025		893.6			893.3
5.500% senior notes, less unamortized discount and debt issuance costs of $(4.5) and $(4.5), respectively	05/15/2015	06/15/2045		345.5			345.5
4.125% senior notes, less unamortized discount and debt issuance costs of $(1.5) and $(1.6), respectively	09/12/2012	09/12/2022		348.5			348.4
5.800% senior notes, less unamortized discount and debt issuance costs of $(0.6) and $(0.7), respectively	04/06/2011	05/01/2021		449.4			449.3
Finance lease liabilities ⁽¹⁾	Various	Various		3.8			3.3
Syndicated revolving credit facility debt issuance costs	Various	Various		(1.9	)		(2.1	)
Long-term debt				2,652.4			2,651.6
Total debt			$	3,096.4		$	3,151.0

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⁽¹⁾Refer to Note 5. Leases

As of March 31, 2020 and December 31, 2019, the Company had senior notes with an aggregate principal amount of $2,650.0 million outstanding and was in compliance with their financial and other debt covenants.

As of March 31, 2020, the Company had a $1,000.0 million committed senior unsecured Credit Facility with Bank of America N.A., HSBC Bank USA, N.A., JP Morgan Chase Bank, N.A., Wells Fargo Bank, National Association, Citibank, N.A., Credit Suisse AG, Cayman Islands Branch, Morgan Stanley Bank, N.A., TD Bank, N.A., and the Northern Trust Company. The Credit Facility may be used for general corporate purposes, including working capital needs and capital expenditures, acquisitions, dividends, and the share repurchase program (the "Repurchase Program"). As of March 31, 2020, the Company was in compliance with all financial and other debt covenants under the Credit Facility. As of March 31, 2020 and December 31, 2019, the available capacity under the Credit Facility was $555.4 million and $500.2 million, net of the letters of credit of $4.6 million and $4.8 million, respectively. Subsequent to March 31, 2020, the Company had borrowings of $20.0 million and repayments of $60.0 million on the Credit Facility.