Debt (Tables)

9 Months Ended

Sep. 30, 2019

The following table summarizes the Company's total debt (in millions, except percentages):



	As of September 30, 2019
	Issuance date	Maturity Date	Amount			Effective Interest Rates
Senior Notes ("Notes"):
4.500% fixed-rate notes⁽¹⁾("2024 Notes")	March 2014	March 2024	$	350.0		4.63	%
4.500% fixed-rate notes⁽¹⁾("2024 Notes")	February 2016	March 2024	150.0			4.87	%
4.350% fixed-rate notes ("2025 Notes")	March 2015	June 2025	300.0			4.47	%
3.750% fixed-rate notes ("2029 Notes")	August 2019	August 2029	500.0			3.86	%
5.950% fixed-rate notes ("2041 Notes")	March 2011	March 2041	400.0			6.03	%
Total Notes			1,700.0
Unaccreted discount and debt issuance costs			(13.5		)
Hedge accounting fair value adjustments⁽²⁾			1.1
Total			$	1,687.6

________________________________


⁽¹⁾	2024 Notes issued in March 2014 and February 2016 form a single series and are fully fungible.

⁽²⁾

Represents the fair value adjustments for interest rate swap contracts with an aggregate notional amount of $300.0 million designated as fair value hedges of our fixed-rate 2041 Notes. See Note 6, Derivative Instruments, for a discussion of the Company's interest rate swaps.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details