Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v2.4.0.8
Debt (Tables)
 6 Months Ended
Jun. 28, 2014
Debt Disclosure [Abstract]  
Schedule of short-term debt
Short-term debt at June 28, 2014, December 31, 2013 and June 29, 2013, consisted of the following:
(in millions)
June 28,
2014
 
December 31,
2013
 
June 29,
2013
Current maturities of long-term debt
$
5.0

 
$
6.4

 
$
5.2

Other short-term debt
—

 
—

 
0.8

Total short-term debt
$
5.0

 
$
6.4

 
$
6.0


Schedule of long-term debt
Long-term debt at June 28, 2014, December 31, 2013 and June 29, 2013, consisted of the following:
(in millions)
June 28,
2014
 
December 31,
2013
 
June 29,
2013
Notes, 7.125% due 2027, net of discount of $0.5, $0.5 and $0.6
$
162.7

 
$
162.7

 
$
165.0

Senior notes, 4.625% due 2021(A)
148.7

 
150.0

 
150.0

Debentures, 7.375% due 2023, net of discount of $0.2, $0.2 and $0.3(A)
103.2

 
103.7

 
108.4

Loan with Fond du Lac County Economic Development Corporation, 2.0% due 2021, net of discount of $5.6, $5.9 and $6.3
36.1

 
36.8

 
40.4

Notes, various up to 5.892% payable through 2022
7.3

 
6.6

 
7.8

Total long-term debt
458.0

 
459.8


471.6

Current maturities of long-term debt
(5.0
)
 
(6.4
)
 
(5.2
)
Long-term debt, net of current maturities
$
453.0

 
$
453.4


$
466.4



(A) Included in Senior notes, 4.625% due 2021 and Debentures, 7.375% due 2023 at June 28, 2014, is the estimated aggregate fair value related to the fixed-to-floating interest rate swaps as discussed in Note 5 – Financial Instruments.
Schedule of debt repurchase activity
The Company's debt-repurchase activity for the three months and six months ended June 29, 2013, respectively, was as follows:
 
Three Months Ended
 
Six Months Ended
(in millions)
June 29,
2013
 
June 29,
2013
Senior notes, 11.25%, due 2016
$
249.8

 
$
249.8

Notes, 7.125%, due 2027
—

 
1.0

Total debt repurchases
$
249.8

 
$
250.8

Loss on early extinguishment of debt
$
32.3

 
$
32.4