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LONG-TERM OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt is summarized as follows (in millions):
 
December 31,
 
2018
 
2017
5-5/8% Senior Notes due February 1, 2025, net of unamortized debt issuance costs of $8.9 and $10.4, respectively
$
591.1

 
$
589.6

2017 Credit Agreement – term debt due January 31, 2024, net of unamortized debt issuance costs of $5.0 and $6.1, respectively
386.4

 
389.0

2017 Credit Agreement – revolver
237.0

 

Capital lease obligations
2.7

 
3.1

Other
2.2

 
3.1

Total debt
1,219.4

 
984.8

Less: Notes payable and current portion of long-term debt
(4.7
)
 
(5.2
)
Long-term debt, less current portion
$
1,214.7

 
$
979.6

Schedule of Maturities of Long-term Debt
Amounts shown are exclusive of minimum lease payments for capital lease obligations (in millions):
2019
$
4.5

2020
3.8

2021
3.7

2022
240.7

2023
3.7

Thereafter
974.2

Total Debt
1,230.6

Less: Unamortized debt issuance costs
$
(13.9
)
Net debt
$
1,216.7

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
Based on indicative price quotations from financial institutions multiplied by the amount recorded on the Company’s Consolidated Balance Sheet, excluding debt acquisition costs (“Book Value”), the Company estimates the fair values (“FV”) of its debt set forth below as of December 31, 2018 and 2017, as follows (in millions, except for quotes):
2018
Book Value
 
Quote
 
FV
5-5/8% Notes
$
600.0

 
$
0.93250

 
$
560

2017 Credit Agreement Term Loan (net of discount)
$
391.4

 
$
0.96750

 
$
379


2017
Book Value
 
Quote
 
FV
5-5/8% Notes
$
600.0

 
$
1.04000

 
$
624

2017 Credit Agreement Term Loan (net of discount)
$
395.1

 
$
1.00708

 
$
398