XML 21 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
9 Months Ended
Sep. 30, 2014
Debt Instruments [Abstract]  
Schedule of Debt [Table Text Block]
The carrying value of long-term debt at September 30, 2014 and December 31, 2013 consists of the following:
 
September 30, 2014
 
December 31, 2013
Senior unsecured notes:
 
 
 
5.000%, due 2014
$

 
$
518.0

1.250%, due 2015
625.0

 
624.9

5.250%, due 2016

 
1,109.6

2.375%, due 2017
399.3

 
399.6

5.875%, due 2017
527.6

 
545.1

1.875%, due 2018
612.4

 
614.5

2.300%, due 2018
647.9

 
647.5

2.250%, due 2019
848.1

 

7.000%, due 2019
441.6

 
452.9

4.350%, due 2020
692.5

 
688.9

3.700%, due 2021
699.4

 
699.4

3.125%, due 2022
846.6

 
846.3

3.300%, due 2023
997.1

 
996.9

3.500%, due 2024
796.0

 

5.950%, due 2034
447.3

 
447.3

5.850%, due 2036
771.9

 
775.6

6.375%, due 2037
644.1

 
651.4

5.800%, due 2040
208.3

 
216.2

4.625%, due 2042
893.9

 
893.9

4.650%, due 2043
994.4

 
994.4

4.650%, due 2044
798.3

 

5.100%, due 2044
599.2

 
599.1

4.850%, due 2054
249.4

 

Senior convertible debentures:
 
 
 
2.750%, due 2042
972.3

 
966.0

Surplus notes:
 
 
 
9.000%, due 2027
24.9

 
24.9

Variable rate debt:
 
 
 
Commercial paper program
425.8

 
379.2

Total long-term debt
15,163.3

 
14,091.6

Current portion of long-term debt
(625.0
)
 
(518.0
)
Long-term debt, less current portion
$
14,538.3

 
$
13,573.6

Convertible Debenture Terms
The following table summarizes at September 30, 2014 the related balances, conversion rate and conversion price of the Debentures:
Outstanding principal amount
$
1,500.0

Unamortized debt discount
527.7

Net debt carrying amount
972.3

Equity component carrying amount
543.6

Conversion rate (shares of common stock per $1,000 of principal amount)
13.3489

Effective conversion price (per $1,000 of principal amount)
74.9117