Rendering
| Component: (Network and Table) |
|---|
| Network | 1039 - Disclosure - DEBT (Tables) (http://www.allisontransmission.com/taxonomy/role/NotesToFinancialStatementsDebtDisclosureTextBlockTables) |
| Table | Statement [Table] |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001411207 (http://www.sec.gov/CIK) |
| Legal Entity [Axis] | Entity [Domain] |
| Statement [Line Items] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Summary of Long-Term Debt and Maturities |
Long-term debt and maturities are as follows (dollars in
millions):
|
|
|
|
|
|
|
|
|
| |
|
December 31,
2016 |
|
|
December 31,
2015 |
|
|
Long-term debt:
|
|
|
|
|
|
|
|
|
|
Senior Secured Credit Facility Term B-3 Loan, variable, due 2022
|
|
$ |
1,187.6 |
|
|
$ |
— |
|
|
Senior Notes, fixed 5.0%, due 2024
|
|
|
1,000.0 |
|
|
|
— |
|
|
Senior Secured Credit Facility Term B-3 Loan, variable, due 2019
|
|
|
— |
|
|
|
2,402.8 |
|
|
|
|
|
|
|
|
|
|
|
Total long-term debt
|
|
$ |
2,187.6 |
|
|
$ |
2,402.8 |
|
|
Less: current maturities of long-term debt
|
|
|
11.9 |
|
|
|
24.5 |
|
|
deferred financing costs, net (see NOTE 2)
|
|
|
28.9 |
|
|
|
25.6 |
|
|
|
|
|
|
|
|
|
|
|
Total long-term debt, net
|
|
$ |
2,146.8 |
|
|
$ |
2,352.7 |
|
|
|
|
|
|
|
|
|
|
|
Principal Payments Required on Long Term Debt |
Principal payments required on long-term debt during the next five
years are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (dollars in
millions) |
|
2017 |
|
|
2018 |
|
|
2019 |
|
|
2020 |
|
|
2021 |
|
|
Thereafter |
|
|
Payments
|
|
$ |
11.9 |
|
|
$ |
11.9 |
|
|
$ |
11.9 |
|
|
$ |
11.9 |
|
|
$ |
11.9 |
|
|
$ |
2,128.1 |
|
|