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Debt
 3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Debt
Debt
A summary of long-term debt, net of unamortized debt issuance costs, and the related weighted average interest rates is shown below (in millions):
 
March 31, 2018
 
December 31, 2017
Debt Instrument
Long-Term Debt
 
Debt Issuance Costs (2)
 
Long-Term
Debt, Net
 
Weighted
Average
Interest
Rate
 
Long-Term Debt
 
Debt Issuance Costs (2)
 
Long-Term
Debt, Net
 
Weighted
Average
Interest
Rate
Credit Agreement — Term Loan Facility
$
246.9

 
$
(1.8
)
 
$
245.1

 
3.24%
 
$
248.4

 
$
(1.8
)
 
$
246.6

 
3.0%
5.375% Senior Notes due 2024 ("2024 Notes")
325.0

 
(2.3
)
 
322.7

 
5.375%
 
325.0

 
(2.4
)
 
322.6

 
5.375%
5.25% Senior Notes due 2025 ("2025 Notes")
650.0

 
(5.6
)
 
644.4

 
5.25%
 
650.0

 
(5.8
)
 
644.2

 
5.25%
3.8% Senior Notes due 2027 ("2027 Notes") (1)
745.0

 
(5.8
)
 
739.2

 
3.885%
 
744.9

 
(5.9
)
 
739.0

 
3.885%
Other
7.7

 
—

 
7.7

 
N/A
 
8.1

 
—

 
8.1

 
N/A
 
$
1,974.6

 
$
(15.5
)
 
1,959.1

 
 
 
$
1,976.4

 
$
(15.9
)
 
1,960.5

 
 
Less — Current portion
 
 
 
 
(9.1
)
 
 
 
 
 
 
 
(9.0
)
 
 
Long-term debt
 
 
 
 
$
1,950.0

 
 
 
 
 
 
 
$
1,951.5

 
 
(1) Net of unamortized original issue discount of $5.0 million and $5.1 million as of March 31, 2018 and December 31, 2017, respectively
(2) Unamortized portion
Senior Notes
The issuance date, maturity date and interest payable dates of the Company's senior unsecured 2024 Notes, 2025 Notes and 2027 Notes (together, the "Notes") are as shown below:
Note
Issuance Date
 
Maturity Date
 
Interest Payable Dates
2024 Notes
March 2014
 
March 15, 2024
 
March 15 and September 15
2025 Notes
November 2014
 
January 15, 2025
 
January 15 and July 15
2027 Notes
August 2017
 
September 15, 2027
 
March 15 and September 15

Covenants
Subject to certain exceptions, the indentures governing the Notes contain restrictive covenants that, among other things, limit the ability of the Company to: (i) create or permit certain liens and (ii) consolidate, merge or sell all or substantially all of the Company’s assets. The indenture governing the 2024 Notes limits the ability of the Company to enter into sale and leaseback transactions. The indentures governing the Notes also provide for customary events of default.
As of March 31, 2018, the Company was in compliance with all covenants under the indentures governing the Notes.
Credit Agreement
The Company's unsecured credit agreement (the "Credit Agreement"), dated August 8, 2017, consists of a $1.75 billion revolving credit facility (the "Revolving Credit Facility") and a $250.0 million term loan facility (the "Term Loan Facility"), both of which mature on August 8, 2022.
As of March 31, 2018 and December 31, 2017, there were no borrowings outstanding under the Revolving Credit Facility and $246.9 million and $248.4 million, respectively, of borrowings outstanding under the Term Loan Facility. In the first quarter of 2018, the Company made required principal payments of $1.5 million under the Term Loan Facility. In the first quarter of 2017, the Company made required principal payments of $6.2 million under the Company's prior term loan facility.
Advances under the Revolving Credit Facility and the Term Loan Facility generally bear interest based on (i) the Eurocurrency Rate (as defined in the Credit Agreement) or (ii) the Base Rate (as defined in the Credit Agreement) plus a margin, determined in accordance with a pricing grid. The range and the rate as of March 31, 2018, are shown below (in percentages):
 
 
Eurocurrency Rate
 
Base Rate
 
 
Minimum
 
Maximum
 
Rate as of
March 31, 2018
 
Minimum
 
Maximum
 
Rate as of
March 31,
2018
Revolving Credit Agreement
 
1.00
%
 
1.60
%
 
1.30
%
 
0.00
%
 
0.60
%
 
0.30
%
Term Loan Facility
 
1.125
%
 
1.90
%
 
1.50
%
 
0.125
%
 
0.90
%
 
0.50
%

A facility fee, which ranges from 0.125% to 0.30% of the total amount committed under the Revolving Credit Facility, is payable quarterly.
Covenants
The Credit Agreement contains various customary representations, warranties and covenants by the Company, including, without limitation, (i) covenants regarding maximum leverage, (ii) limitations on fundamental changes involving the Company or its subsidiaries and (iii) limitations on indebtedness and liens.
As of March 31, 2018, the Company was in compliance with all covenants under the Credit Agreement.
Other
As of March 31, 2018, other long-term debt consists of amounts outstanding under capital leases.
For further information related to the Company's debt, see Note 6, "Debt," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017.