Long-Term Debt and Commercial Paper (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt, net of debt issuance costs, consists of the following:

	March 31, 2016			December 31, 2015
6.75% Senior Notes due 2018	$	397.8		$	397.5
5.5% Senior Notes due 2020	346.7			346.5
3.35% Senior Notes due 2021	297.7			297.6
4.5% Senior Notes due 2025	444.8			444.7
Revolving credit facility due 2019	—			—
Mortgage facility (1)	173.2			175.7
Capital leases and other debt	94.3			95.0
	1,754.5			1,757.0
Less: current maturities	(11.9		)	(11.7		)
Long-term debt, net of current maturities	$	1,742.6		$	1,745.3
(1) The mortgage facility requires monthly principal and interest payments of $1.7 million based on a fixed amortization schedule with a balloon payment of $155.4 million due November 2017.

Leverage Ratio And Capitalization Ratio Under The Terms Of Our Credit Agreement

Under the terms of our credit agreement, at March 31, 2016, our leverage ratio and capitalization ratio were as follows:

	March 31, 2016
	Requirement	Actual
Leverage ratio	≤ 3.75x	2.60x
Capitalization ratio	≤ 70.0%	64.9%