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DEBT (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consisted of the following:

 

In millions

 

 

September 30, 2018

 

 

December 31, 2017

 

Obligations under capital leases

$

24.3

 

 

$

9.4

 

$1.2 billion senior credit facility weighted average rate 3.56% at 2018 and 2.55% at 2017, due in 2022

 

613.7

 

 

 

471.7

 

$950 million term loan weighted average rate 3.78% at 2018 and 2.83% at 2017, due in 2022

 

914.4

 

 

 

950.0

 

$125 million private placement notes 3.18% at 2018 and 2.68% at 2017, due in 2019

 

125.0

 

 

 

125.0

 

$225 million private placement notes 4.97% at 2018 and 4.47% at 2017, due in 2020

 

225.0

 

 

 

225.0

 

$150 million private placement notes 3.39% at 2018 and 2.89% at 2017, due in 2021

 

150.0

 

 

 

150.0

 

$125 million private placement notes 3.76% at 2018 and 3.26% at 2017, due in 2022

 

125.0

 

 

 

125.0

 

$200 million private placement notes 3.22% at 2018 and 2.72% at 2017, due in 2022

 

200.0

 

 

 

200.0

 

$100 million private placement notes 3.29% at 2018 and 2.79% at 2017, due in 2023

 

100.0

 

 

 

100.0

 

$150 million private placement notes 3.68% at 2018 and 3.18% at 2017, due in 2023

 

150.0

 

 

 

150.0

 

Promissory notes and deferred consideration weighted average rate 1.69% at 2018 and 1.49% at 2017 and weighted average maturity 2.8 years at 2018 and 2.9 years at 2017

 

136.7

 

 

 

155.9

 

Foreign bank debt weighted average rate 5.61% at 2018 and 6.11% at 2017 and weighted average maturity 2.2 years at 2018 and 1.7 years at 2017

 

75.9

 

 

 

85.2

 

Total debt

 

2,840.0

 

 

 

2,747.2

 

Less: current portion of total debt

 

109.3

 

 

 

119.5

 

Less: unamortized debt issuance costs

 

9.9

 

 

 

12.4

 

Long-term portion of total debt

$

2,720.8

 

 

$

2,615.3