DEBT (Tables)

12 Months Ended

Dec. 31, 2016

DEBT

Schedule of debt

At December 31, 2016 and 2015, the Company’s debt consisted of the following (in millions):

	As of December 31,
	2016		2015
Term Loans:
5.79 %, payable through 2020	$	24.5	$	31.5
3.66 %, payable through 2023		59.3		68.4
4.16 %, payable through 2027		55.0		55.0
3.37 %, payable through 2027		75.0		—
3.14 %, payable through 2031		200.0		—
4.31 %, payable through 2032		37.5		37.5
4.35 %, payable through 2044		100.0		100.0
3.92 %, payable through 2045		75.0		75.0
Title XI Bonds:
5.34 %, payable through 2028		26.4		28.6
5.27 %, payable through 2029		28.6		30.8
Revolving credit facility		55.0		—
Capital leases		2.6		3.1
Total Debt		738.9		429.9
Less: Current portion		(31.8)		(22.0)
Total Long-term Debt	$	707.1	$	407.9

Schedule of maturities of debt

At December 31, 2016, debt maturities during the next five years and thereafter are as follows (in millions):

Year	Total
2017	$	31.8
2018		30.7
2019		42.1
2020		48.4
2021		54.2
Thereafter		531.7
Total debt	$	738.9