Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.20.4
Debt (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt at December 31, 2020 and December 31, 2019 consisted of the following:
(in millions) 2020 2019
Senior Notes, 6.375%, due 2049, net of debt issuances costs of $7.5 and $7.8
 $ 222.5  $ 222.2 
Senior Notes, 6.500% due 2048, net of debt issuance costs of $8.0 and $8.2
 177.0  176.8 
Notes, 7.125% due 2027, net of discount of $0.2 and $0.3 and debt issuance costs of $0.3 and $0.4
 162.7  162.5 
Term loan, floating rate due 2023, net of debt issuance costs of $0.6 and $1.3 (A) (C)
150.7  305.0 
Senior Notes, 6.625%, due 2049, net of debt issuances costs of $4.2 and $4.4
 120.8  120.6 
Debentures, 7.375% due 2023, net of discount of $0.1 and $0.1 and debt issuance costs of $0.1 and $0.2 (B)
104.6  105.2 
Loan with Fond du Lac County Economic Development Corporation, 2.0% due 2021, net of discount of $0.8 and $1.6 and debt issuance costs of $0.0 and $0.0
 6.9  11.1 
Notes, various up to 5.9% payable through 2028
 6.2  5.9 
Total long-term debt 951.4  1,109.3 
Current maturities of long-term debt (43.1) (41.3)
Long-term debt, net of current maturities $ 908.3  $ 1,068.0 

(A) Beginning in December 2018, scheduled repayment of the 5-year term loan occurs each March, June, September and December equal to 2.50% of the aggregate principal amount of $350.0 million. The remaining principal amount is due August 2023.
(B) Included in Debentures, 7.375% percent due 2023 at December 31, 2020 and December 31, 2019, are the aggregate fair values related to the fixed-to-floating interest rate swaps as discussed in Note 14 – Financial Instruments.
(C) As of December 31, 2020 and December 31, 2019, the interest rate was 1.74% and 3.50%, respectively.
Schedule of Maturities of Long-term Debt, Net
Scheduled maturities, net:
(in millions)
2021 $ 43.1 
2022 36.4 
2023 186.3 
2024 0.5 
2025 2.0 
Thereafter 683.1 
Total long-term debt including current maturities $ 951.4