DEBT

Debt consisted of the following:



(In millions)	October 3, 2015			January 3, 2015
Prudential Agreement - 5.79 percent	$	120.0		$	150.0
Tax increment financing debt	22.8			23.7
New York Life	75.0			—
Revolver	20.5			—
Capital leases	0.1			0.6
Foreign subsidiary debt	4.9			3.5
	$	243.3		177.8
Less current maturities	(55.1		)	(34.1		)
Long-term debt	$	188.2		$	143.7

On May 5, 2015, the Company executed the following amendments: Amendment No. 6 to the Second Amended and Restated Note Purchase and Private Shelf Agreement with Prudential Investment Management, Inc.; Amendment No. 3 to the Credit Agreement; and Amendment No. 1 to the Bond Purchase and Loan Agreement. Each of those amendments provides for debt repayment guarantees from certain Company subsidiaries and waived certain non-financial covenants related to subsidiary guarantees.

On May 27, 2015, the Company entered into an uncommitted and unsecured private shelf agreement with NYL Investors LLC, an affiliate of New York Life (the "New York Life Agreement") for $150.0 million maximum aggregate principal borrowing capacity and the Company authorized the issuance of $75.0 million of floating rate senior notes due May 27, 2025. These series notes have a floating interest rate of one-month USD LIBOR plus a spread of 1.35 percent with interest-only payments due on a monthly basis. The New York Life Agreement contains customary affirmative and negative covenants and a cross default provision in the event the Company defaults on any obligation exceeding $10.0 million. As of October 3, 2015, there was $75.0 million remaining borrowing capacity under the New York Life Agreement.

On May 28, 2015, the Company entered into a Third Amended and Restated Note Purchase and Private Shelf Agreement with Prudential Investment Management, Inc. (the "Prudential Agreement") to increase the total borrowing capacity from $200.0 million to $250.0 million. As of October 3, 2015, $120.0 million was outstanding under the Prudential Agreement. Principal installments of $30.0 million are payable annually commencing on April 30, 2015 and continuing to and including April 30, 2019, with any unpaid balance due at maturity. As of October 3, 2015, the Company had $100.0 million borrowing capacity under the Prudential Agreement.

The following debt payments are expected to be paid in accordance with the following schedule:



(In millions)	Total		Year 1		Year 2		Year 3		Year 4		Year 5		More Than 5 Years
Debt	$	243.2	$	55.0	$	31.5	$	31.0	$	31.2	$	1.3	$	93.2
Capital leases	0.1		0.1		—		—		—		—		—
	$	243.3	$	55.1	$	31.5	$	31.0	$	31.2	$	1.3	$	93.2