Debt	9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt As of September 30, 2015 and December 31, 2014, AB had $357.0 million and $489.0 million, respectively, in commercial paper outstanding with weighted average interest rates of approximately 0.3% for both periods. The commercial paper is short term in nature, and as such, recorded value is estimated to approximate fair value (and considered a Level 2 security in the fair value hierarchy). Average daily borrowings of commercial paper during the first nine months of 2015 and the full year 2014 were $407.9 million and $335.0 million, respectively, with weighted average interest rates of approximately 0.3% and 0.2%, respectively.

Debt

9 Months Ended

Sep. 30, 2015

As of September 30, 2015 and December 31, 2014, AB had $357.0 million and $489.0 million, respectively, in commercial paper outstanding with weighted average interest rates of approximately 0.3% for both periods. The commercial paper is short term in nature, and as such, recorded value is estimated to approximate fair value (and considered a Level 2 security in the fair value hierarchy). Average daily borrowings of commercial paper during the first nine months of 2015 and the full year 2014 were $407.9 million and $335.0 million, respectively, with weighted average interest rates of approximately 0.3% and 0.2%, respectively.