Quarterly report pursuant to Section 13 or 15(d)

DEBT AND CREDIT FACILITIES (Narrative) (Details)

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DEBT AND CREDIT FACILITIES (Narrative) (Details)
$ in Millions
 6 Months Ended
Jun. 30, 2015
USD ($)
Mar. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
Line of Credit Facility [Line Items]      
Letters of credit outstanding $ 198.0   $ 149.5
Five hundred forty million Eight point two five Twenty twenty First Lien Notes [Member]      
Line of Credit Facility [Line Items]      
Stated interest rate 8.25%    
Repurchase Price of $540M 8.25% Notes if Triggering Event Occurs 1.01    
Initial Redemption Price 1.0825    
Redemption Price after 2018 1    
Redemption Price from time to time and Prior to March 31, 2018 1    
Amount in aggregate that can be redeemed on or prior to March 31, 2018 0.35    
Redemption Price of 35 percent or less of Outstanding 1.0825    
Amount to Remain Outstanding Prior to March 31, 2018 0.65    
In the Event of Default Amount that will Accelerate 0.25    
Debt Instrument, Par Value $ 540.0    
Five hundred Forty-four Million Seven Point Seven Five Twenty Twenty Second Lien Notes [Member]      
Line of Credit Facility [Line Items]      
Stated interest rate 7.75%    
Initial Redemption Price 1.03875    
Redemption Price beginning March 31, 2019 1    
Redemption Price from time to time and Prior to March 31, 2017 1    
Amount in aggregate that can be redeemed on or prior to March 31, 2017 0.35    
Redemption Price of 35 percent or less of Outstanding 1.0775    
Amount to Remain Outstanding Prior to March 31, 2018 0.65    
Debt Instrument, Par Value $ 544.2    
Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Revolving credit facility, borrowing capacity 532.7    
Credit facility, amount outstanding 0.0 [1]   0.0 [2]
Debt Instrument, Par Value 550.0 $ 900.0 1,125.0
U.S. Tranche 450.0    
Sublimit for Issuers of Letters of Credit for U.S. Tranche 250.0    
Sublimit for U.S. Swingline Loans 100.0    
Australian Tranche 100.0    
Sublimit for Issuance of Letters of Credit for Australian Tranche 50.0    
Sublimit for Australian Swingline Loans 20.0    
Credit facility remaining capacity $ 332.6   975.5
LIBOR Rate Based on a One-month interest period plus 1 percent 0.01    
Fixed Charge Coverage Ratio 1.0    
Letters of credit outstanding $ 198.0   $ 149.5
Foreign Exchange Hedge Obligations $ 2.1    
Revolving Credit Facility [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Base Rate 0.005    
Revolving Credit Facility [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Base Rate 0.01    
[1] As of June 30, 2015, no loans were drawn under the ABL Facility and we had total availability of $532.7 million as a result of borrowing base limitations. As of June 30, 2015, the principal amount of letter of credit obligations totaled $198.0 million and foreign exchange hedge obligations totaled $2.1 million, thereby further reducing available borrowing capacity on our ABL Facility to $332.6 million.
[2] As of December 31, 2014, we had no revolving loans drawn under the revolving credit agreement which had $1.125 billion availability. As of December 31, 2014, the principal amount of letter of credit obligations totaled $149.5 million, thereby further reducing available borrowing capacity on the revolving credit agreement to $975.5 million.