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Debt

9 Months Ended

Sep. 30, 2012

Debt

Note 5 — Debt

(In millions)		September 30, 2012			December 31, 2011
Working capital line of credit — China		$	7.0		$	4.8
Current maturities of capital lease and other obligations		0.1			0.3
Current maturities of term loan		10.0			7.5
Notes payable and current maturities of long-term liabilities		17.1			12.6

Senior secured credit facility — term loan due 2015		77.5			85.0
Senior secured credit facility — revolving loan due 2015		200.0			78.0
6.75% senior subordinated notes due 2015		—			73.5
Capital lease and other obligations		1.8			1.8
Long-term notes payable and capital lease obligations		279.3			238.3
Total notes payable and capital lease obligations		$	296.4		$	250.9

In June 2012 we redeemed the remaining $73.5 million of 6.75% senior subordinated notes at a call premium of 1.125%. The redemption and related costs were funded solely from a $75 million add-on to the revolving loan portion of our senior secured credit facility.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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