FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2016

FAIR VALUE MEASUREMENTS

Schedule of fair value measurement

The carrying value and fair value of the Company’s financial instruments as of June 30, 2016 and December 31, 2015 are as follows (in millions):

					Quoted Prices in		Significant		Significant
	Total				Active Markets		Observable		Unobservable
	Carrying Value		Total		(Level 1)		Inputs (Level 2)		Inputs (Level 3)
	June 30, 2016		Fair Value Measurements at June 30, 2016
Cash and cash equivalents	$	19.2	$	19.2	$	19.2	$	—	$	—
Accounts receivable, net		206.4		206.4		—		206.4		—
Variable rate debt		44.0		44.0		—		44.0		—
Fixed rate debt		418.8		443.5		—		443.5		—

	December 31, 2015		Fair Value Measurements at December 31, 2015
Cash and cash equivalents	$	25.5	$	25.5	$	25.5	$	—	$	—
Accounts receivable, net		214.3		214.3		—		214.3		—
Fixed rate debt		429.9		443.8		—		443.8		—