Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

Debt at December 31, 2019 and 2018 consisted of the following:

	2019			2018
Borrowings under the ABL Credit Facility	$	42.0		$	59.0
11.25% senior notes due February 1, 2019 (a)		—			172.2
7.625% senior notes due June 15, 2020		65.8			65.8
7.875% senior notes due March 15, 2021		167.1			190.4
8.875% debentures due April 15, 2021		60.2			81.0
7.00% senior notes due February 15, 2022		140.0			140.0
6.50% senior notes due November 15, 2023		290.6			290.6
Term Loan due January 15, 2024 (b)		540.3			544.7
6.00% senior notes due April 1, 2024		298.3			298.3
6.625% debentures due April 15, 2029		157.9			157.9
8.820% debentures due April 15, 2031		69.0			69.0
Other (c)		—			38.9
Unamortized debt issuance costs		(12.8	)		(16.3	)
Total debt		1,818.4			2,091.5
Less: current portion		71.2			216.2
Long-term debt	$	1,747.2		$	1,875.3

(a) As of December 31, 2018 the interest rate on the 11.25% senior notes due February 1, 2019 had contractually increased to 13.25%.

(b) As of December 31, 2019 and 2018, the interest rate on the Term Loan due January 15, 2024 was 6.80% and 7.51%, respectively.

(c) Includes miscellaneous debt obligations.

Future Maturities of Debt

At December 31, 2019, the future maturities of debt were as follows:

	Amount
2020	$	71.3
2021		233.0
2022		187.5
2023		296.1
2024		820.7
2025 and thereafter		227.3
Total (a)	$	1,835.9

(a) Excludes unamortized debt issuance costs of $12.8 million and $4.7 million of bond discount which do not represent contractual commitments with a fixed amount or maturity date.

Summary Of Interest Expense

The following table summarizes interest expense included in the Consolidated Statements of Operations:

	2019		2018		2017
Interest incurred	$	155.7	$	173.8	$	185.0
Less: interest income		2.7		4.2		2.8
Less: interest capitalized as property, plant and equipment		2.4		1.3		2.6
Interest expense, net	$	150.6	$	168.3	$	179.6