Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v2.4.1.9
Debt (Tables)
 12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt at December 31, 2014 and December 31, 2013 consisted of the following:
(in millions)
2014
 
2013
Notes, 7.125% due 2027, net of discount of $0.5 and $0.5
$
162.7

 
$
162.7

Senior notes, currently 4.625%, due 2021(A)
150.5

 
150.0

Debentures, 7.375% due 2023, net of discount of $0.2 and $0.2(A)
104.1

 
103.7

Loan with Fond du Lac County Economic Development Corporation, 2.0% due 2021, net of discount of $5.2 and $5.9
32.5

 
36.8

Notes, various up to 5.892% payable through 2022
5.9

 
6.6

Total long-term debt
455.7

 
459.8

Current maturities of long-term debt
(5.5
)
 
(6.4
)
Long-term debt, net of current maturities
$
450.2

 
$
453.4


(A) Included in Senior notes, 4.625% due 2021 and Debentures, 7.375% due 2023 at December 31, 2014, is the estimated aggregate fair value related to the fixed-to-floating interest rate swaps as discussed in Note 14 – Financial Instruments.
Schedule of maturities of long-term debt
Scheduled maturities, net of discounts:
(in millions)
 
2015
$
5.5

2016
5.9

2017
5.9

2018
5.9

2019
6.1

Thereafter
426.4

Total long-term debt including current maturities
$
455.7

Schedule of debt repurchase activity
The Company’s debt repurchase activity for the years ended December 31, 2014 and December 31, 2013 was as follows:
(in millions)
2014
 
2013
Senior notes, 11.25%, due 2016
$
—

 
$
249.8

Debentures, 7.375%, due 2023
0.9

 
4.8

Notes, 7.125%, due 2027
—

 
3.4

Total debt repurchases
$
0.9

 
$
258.0

Loss on early extinguishment of debt
$
0.1

 
$
32.8