Rendering
| Component: (Network and Table) |
|---|
| Network | 100490 - Disclosure - Debt (Tables) (http://www.armstrong.com/20161231/taxonomy/role/DisclosureDebtTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0000007431 (http://www.sec.gov/CIK) |
| Debt Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Debt Disclosure [Abstract] | |
Schedule Of Debt |
|
|
|
December 31, 2016 |
|
|
Weighted
Average
Interest Rate
for 2016 |
|
|
December 31, 2015 |
|
|
Weighted
Average
Interest Rate
for 2015 |
|
|
Term loan A due 2021 |
|
$ |
600.0 |
|
|
|
3.29 |
% |
|
$ |
496.0 |
|
|
|
3.24 |
% |
|
Term loan B due 2023 |
|
|
248.1 |
|
|
|
4.58 |
% |
|
|
461.9 |
|
|
|
3.50 |
% |
|
Tax exempt bonds due 2041 |
|
|
35.0 |
|
|
|
0.45 |
% |
|
|
35.1 |
|
|
|
0.87 |
% |
|
Principal debt outstanding |
|
|
883.1 |
|
|
|
3.54 |
% |
|
|
993.0 |
|
|
|
3.28 |
% |
|
Unamortized debt financing costs |
|
|
(9.5 |
) |
|
|
|
|
|
|
(4.7 |
) |
|
|
|
|
|
Long-term debt |
|
|
873.6 |
|
|
|
3.54 |
% |
|
|
988.3 |
|
|
|
3.28 |
% |
|
Less current portion and short-term debt |
|
|
25.0 |
|
|
|
3.42 |
% |
|
|
52.1 |
|
|
|
3.26 |
% |
|
Total long-term debt, less current portion |
|
$ |
848.6 |
|
|
|
3.54 |
% |
|
$ |
936.2 |
|
|
|
3.28 |
% |
|
Scheduled Payments Of Long-Term Debt |
Scheduled payments of long-term debt:
|
2017 |
|
$ |
25.0 |
|
|
2018 |
|
|
32.5 |
|
|
2019 |
|
|
55.0 |
|
|
2020 |
|
|
62.5 |
|
|
2021 |
|
|
437.5 |
|
|
2022 and later |
|
|
270.6 |
|
|
Schedule Of Letters Of Credit |
The following table presents details related to our letters of credit:
|
|
|
As of December 31, 2016 |
|
|
Financing Arrangement |
|
Limit |
|
|
Used |
|
|
Available |
|
|
Revolving credit facility |
|
$ |
150.0 |
|
|
$ |
- |
|
|
$ |
150.0 |
|
|
Bi-lateral facility |
|
|
25.0 |
|
|
|
19.2 |
|
|
|
5.8 |
|
|
Accounts receivable securitization facility |
|
|
32.2 |
|
|
|
36.2 |
|
|
|
(4.0 |
) |
|
Foreign lines of credit |
|
|
0.2 |
|
|
|
0.1 |
|
|
|
0.1 |
|
|
Total |
|
$ |
207.4 |
|
|
$ |
55.5 |
|
|
$ |
151.9 |
|
|