FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2015

FAIR VALUE OF FINANCIAL INSTRUMENTS

Summary of the carrying values and estimated fair values of long-term debt

	March 31, 2015						December 31, 2014
(In millions)	Carrying Value			Fair Value			Carrying Value			Fair Value
Level 1:
Long-term debt:
4.625 Notes	$	688.0		$	681.1		$	688.0		$	651.9
4.875 Notes	$	450.0		$	446.9		$	450.0		$	426.7
Level 2:
Long-term debt:
Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014)	$	-		$	-		$	192.6		$	194.4
Term Loan (net of debt issuance costs and discounts totaling $2.9 million at March 31, 2015)	$	246.5		$	246.4		$	-		$	-
Derivative instruments:
Commodity purchase contracts	$	(5.4	)	$	(5.4	)	$	(12.9	)	$	(12.9	)