Preferred Stock

12 Months Ended

Dec. 31, 2016

Class of Stock Disclosures [Abstract]

PREFERRED STOCK

PREFERRED STOCK

The following table shows preferred stock authorized and outstanding at December 31, 2016 and 2015:

(in millions, except share and per share amounts)	Shares Authorized	Shares Outstanding	Redemption Price Per Share		Total
$100 par value, Six Per Cent. Preferred Stock	45,000	44,498	—		$	4.4
$100 par value, Serial Preferred Stock	2,286,500
3.60% Series		260,000	$	101	26.0
$25 par value, Serial Preferred Stock	5,000,000	—	—		—
Total					$	30.4