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Long-term Debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Summary of Long-term Debt
The following table provides a summary of the Company's Notes and the fair values based on quoted market prices in less active markets as of June 30, 2017 and December 31, 2016:
 
 
 
 
 
 
 
 
 
Level 2 Fair Value as of
 
Principal Amount at Par
 
Issuance Date
 
Maturity
 
Interest Payment Dates
 
June 30, 2017
 
December 31, 2016
 
(in millions)
 
 
 
 
 
 
 
(in millions)
3.625% Senior Notes (1)
$
1,484.7

 
May 2017
 
2027
 
May 15 and November 15
 
$
1,513

 
$

4.375% Senior Notes
1,000.0

 
October 2016
 
2026
 
May 15 and November 15
 
1,004

 
975

5.50% Senior Notes
700.0

 
February 2015
 
2022
 
April 15 and October 15
 
762

 
758

5.875% Senior Notes
800.0

 
February 2015
 
2025
 
April 15 and October 15
 
888

 
868

5.750% Senior Notes
400.0

 
February 2014
 
2024
 
March 1 and September 1
 
438

 
431

5.375% Senior Notes
500.0

 
February 2013
 
2021
 
February 1 and August 1
 
541

 
539

 
$
4,884.7

 
 
 
 
 
 
 
 
 
 

(1) Debt is denominated in euro with a €1,300 million aggregate principal amount and is remeasured into U.S. dollars at each balance sheet date. Total proceeds were $1,420.5 million and remeasurement loss on long-term debt was $64.2 million for the three months ending June 30, 2017.