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Quarterly report pursuant to Section 13 or 15(d)

DEBT AND CREDIT FACILITIES (Tables)

v3.10.0.1
DEBT AND CREDIT FACILITIES (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract] Ìý
Schedule Of Long-Term Debt
The following represents a summary of our long-term debt:
(In Millions)
SeptemberÌý30, 2018
Debt Instrument
Ìý
Annual Effective
Interest Rate
Ìý
Total Principal Amount
Ìý
Debt Issuance Costs
Ìý
Unamortized Discounts
Ìý
Total Debt
Secured Notes
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$400 Million 4.875% 2024 Senior Notes
Ìý
5.00%
Ìý
$
400.0

Ìý
$
(6.0
)
Ìý
$
(2.3
)
Ìý
$
391.7

Unsecured Notes
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$400 Million 5.90% 2020 Senior Notes
Ìý
5.98%
Ìý
88.4

Ìý
(0.1
)
Ìý
(0.1
)
Ìý
88.2

$500 Million 4.80% 2020 Senior Notes
Ìý
4.83%
Ìý
122.3

Ìý
(0.2
)
Ìý
(0.1
)
Ìý
122.0

$700 Million 4.875% 2021 Senior Notes
Ìý
4.89%
Ìý
124.2

Ìý
(0.3
)
Ìý
—

Ìý
123.9

$316.25 Million 1.50% 2025 Convertible Senior Notes
Ìý
6.26%
Ìý
316.3

Ìý
(5.8
)
Ìý
(78.1
)
Ìý
232.4

$1.075 Billion 5.75% 2025 Senior Notes
Ìý
6.01%
Ìý
1,073.3

Ìý
(10.3
)
Ìý
(15.1
)
Ìý
1,047.9

$800 Million 6.25% 2040 Senior Notes
Ìý
6.34%
Ìý
298.4

Ìý
(2.3
)
Ìý
(3.3
)
Ìý
292.8

ABL Facility
Ìý
N/A
Ìý
450.0

Ìý
N/A

Ìý
N/A

Ìý
—

Fair Value Adjustment to Interest Rate Hedge
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
1.1

Long-term debt
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$
2,300.0

(In Millions)
December 31, 2017
Debt Instrument
Ìý
Annual Effective
Interest Rate
Ìý
Total Principal Amount
Ìý
Debt Issuance Costs
Ìý
Unamortized Discounts
Ìý
Total Debt
Secured Notes
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$400 Million 4.875% 2024 Senior Notes
Ìý
5.00%
Ìý
$
400.0

Ìý
$
(7.1
)
Ìý
$
(2.6
)
Ìý
$
390.3

Unsecured Notes
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$400 Million 5.90% 2020 Senior Notes
Ìý
5.98%
Ìý
88.9

Ìý
(0.2
)
Ìý
(0.1
)
Ìý
88.6

$500 Million 4.80% 2020 Senior Notes
Ìý
4.83%
Ìý
122.4

Ìý
(0.3
)
Ìý
(0.1
)
Ìý
122.0

$700 Million 4.875% 2021 Senior Notes
Ìý
4.89%
Ìý
138.4

Ìý
(0.3
)
Ìý
(0.1
)
Ìý
138.0

$316.25 Million 1.50% 2025 Convertible Senior Notes
Ìý
6.26%
Ìý
316.3

Ìý
(6.6
)
Ìý
(85.6
)
Ìý
224.1

$1.075 Billion 5.75% 2025 Senior Notes
Ìý
6.01%
Ìý
1,075.0

Ìý
(11.3
)
Ìý
(16.5
)
Ìý
1,047.2

$800 Million 6.25% 2040 Senior Notes
Ìý
6.34%
Ìý
298.4

Ìý
(2.4
)
Ìý
(3.4
)
Ìý
292.6

ABL Facility
Ìý
N/A
Ìý
550.0

Ìý
N/A

Ìý
N/A

Ìý
—

Fair Value Adjustment to Interest Rate Hedge
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
1.4

Long-term debt
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$
2,304.2


Extinguishment of Debt, Amount
The following is a summary of the debt extinguished with cash during the three and nine months ended SeptemberÌý30, 2018 that resulted in no gain or loss on extinguishment for the three months ended SeptemberÌý30, 2018, and a gain on extinguishment of $0.2 million for the nine months ended SeptemberÌý30, 2018:
Ìý
Ìý
(In Millions)
Ìý
Ìý
Three Months Ended September 30, 2018
Ìý
Nine Months Ended September 30, 2018
Debt Instrument
Ìý
Debt Extinguished
$400 Million 5.90% 2020 Senior Notes
Ìý
$
—

Ìý
$
0.5

$500 Million 4.80% 2020 Senior Notes
Ìý
—

Ìý
0.1

$700 Million 4.875% 2021 Senior Notes
Ìý
1.0

Ìý
14.2

$1.075 Billion 5.75% 2025 Senior Notes
Ìý
—

Ìý
1.7

Ìý
Ìý
$
1.0

Ìý
$
16.5

Schedule of Maturities of Long-term Debt
Debt Maturities
The following represents a summary of our maturities of debt instruments based on the principal amounts outstanding at SeptemberÌý30, 2018:
Ìý
Ìý
(In Millions)
Ìý
Ìý
Maturities of Debt
2018
Ìý
$
—

2019
Ìý
—

20201
Ìý
210.7

2021
Ìý
124.2

2022
Ìý
—

2023
Ìý
—

2024 and thereafter
Ìý
2,088.0

Total maturities of debt
Ìý
$
2,422.9

Ìý
Ìý
Ìý
1 On October 5, 2018, we redeemed the entirety of our outstanding Senior Notes Due 2020. The aggregate principal amount outstanding of the Senior Notes Due 2020 was approximately $211 million. Pursuant to the terms of the indenture governing the Senior Notes Due 2020, approximately $218 million in the aggregate, including make-whole premiums and accrued and unpaid interest to, but excluding, the redemption date, was paid to holders of the Senior Notes Due 2020.