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CHANGE IN ACCOUNTING PRINCIPLE: (Tables)
6 Months Ended
Jun. 30, 2015
CHANGE IN ACCOUNTING PRINCIPLE:  
Schedule of change in accounting principles related to debt discounts and in effect reduce the proceeds of borrowings

 

 

Face
amount

 

Issuance
discount

 

Issuance
costs

 

Carrying value as
of June 30, 2015

 

6.375% Senior unsecured notes due 2015

 

$

200

 

$

(0.1

)

(*

)

$

199.9

 

7.500% Senior unsecured notes due 2035

 

1,000

 

(14.0

)

$

(9.2

)

976.8

 

5.375% Senior unsecured notes due 2020

 

400

 

(1.1

)

(1.2

)

397.7

 

6.750% Senior unsecured notes due 2040

 

1,100

 

(7.7

)

(6.2

)

1,086.1

 

3.500% Senior unsecured notes due 2022

 

300

 

(0.8

)

(1.2

)

298.0

 

5.250% Senior unsecured notes due 2042

 

1,200

 

(20.7

)

(6.9

)

1,172.4

 

9.250% Yankee Bonds due 2028

 

125

 

 

 

51.1

 

3.875% Senior unsecured notes due 2025

 

500

 

(2.7

)

(2.0

)

495.3

 

5.875% Senior unsecured notes due 2045

 

1,500

 

(17.5

)

(7.6

)

1,474.9

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

6,325

 

$

(64.6

)

$

(34.3

)

6,152.2

 

Less, current portion

 

 

 

 

 

 

 

(200.0

)

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

 

 

 

 

 

 

$

5,952.2

 

 

 

 

 

 

 

 

 

 

 

 

 

(*) Less than $0.1 million

 

 

Face
amount

 

Issuance
discount

 

Carrying value
before adoption
of ASU 2015-03

 

Issuance
costs

 

Restated
Carrying value as of
December 31, 2014

 

6.375% Senior unsecured notes due 2015

 

$

200

 

$

(0.2

)

$

199.8

 

$

(0.2

)

$

199.6

 

7.500% Senior unsecured notes due 2035

 

1,000

 

(14.2

)

985.8

 

(9.3

)

976.5

 

5.375% Senior unsecured notes due 2020

 

400

 

(1.2

)

398.8

 

(1.3

)

397.5

 

6.750% Senior unsecured notes due 2040

 

1,100

 

(7.8

)

1,092.2

 

(6.2

)

1,086.0

 

3.500% Senior unsecured notes due 2022

 

300

 

(0.8

)

299.2

 

(1.2

)

298.0

 

5.250% Senior unsecured notes due 2042

 

1,200

 

(20.9

)

1,179.1

 

(6.9

)

1,172.2

 

9.250% Yankee Bonds due 2028

 

125

 

 

51.1

 

 

51.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

4,325

 

$

(45.1

)

4,206.0

 

$

(25.1

)

4,180.9

 

Less, current portion

 

 

 

 

 

(200.0

)

 

 

(200.0

)

 

 

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

 

 

 

 

$

4,006.0

 

 

 

$

3,980.9