XML 56 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
12 Months Ended
Dec. 31, 2012
Debt

Debt is comprised of the following at December 31, 2012 and 2011:

 

(in millions)

   2012     2011  

Senior Secured Credit Facility Term Loans

   $ 1,235.5      $ 1,001.6   

8% Senior Notes due 2016(a)

     295.7        294.6   

6 1/8% Senior Notes due 2022(a)

     300.0        300.0   

7 1/2% Senior Subordinated Notes due 2017(b)

     655.3        656.5   

7 1/2% Senior Subordinated Notes due 2020(b)

     468.4        464.0   

1 7/8% Senior Subordinated Convertible Notes due 2018

     420.9        —    

Securitization Facility

     383.8        300.0   

Revolving Credit Facility

     —         —    

2% Subordinated Note due 2012

     —         99.7   

Non-U.S. borrowings

     31.8        35.6   

Other

     6.7        7.4   
  

 

 

   

 

 

 

Total debt

     3,798.1        3,159.4   
  

 

 

   

 

 

 

Less: current portion

     (504.7     (269.3
  

 

 

   

 

 

 

Total long-term debt

   $ 3,293.4      $ 2,890.1   
  

 

 

   

 

 

 

 

(a) Collectively, the “Senior Notes.”
(b) Collectively, the “Senior Subordinated Notes.”
Debt Maturities

The Company’s debt maturities for the five years following December 31, 2012 and thereafter are as follows:

 

Years Ending December 31,

   Amount  
     (in millions)  

2013

   $ 504.7   

2014

     146.9   

2015

     297.6   

2016

     392.2   

2017

     657.1   

Thereafter

     1,899.0   
  

 

 

 

Total principal payments

     3,897.5   

Net discount and other

     (99.4
  

 

 

 

Total

   $ 3,798.1   
  

 

 

 
Fair Market Value of Total Debt

At December 31, 2012 and 2011, the approximate fair market value of total debt is as follows:

 

(in millions)

   2012      2011  

Level 1

     1,895         1,801   

Level 2

     2,076         1,444   
  

 

 

    

 

 

 

Total

   $ 3,971       $ 3,245