Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Indebtedness Table

As of June 30, 2014, long-term debt consisted of the following (in millions):

	June 30, 2014
Partnership bank credit facility (due 2019), interest based on Prime and/or LIBOR plus an applicable margin, interest rate at June 30, 2014 was 3.1%	$	160.0
Company bank credit facility (due 2019), interest based on LIBOR plus an applicable margin, interest rate at June 30, 2014 was 1.9%	95.0
Senior unsecured notes (due 2019), net of discount of $2.8 million, which bear interest at the rate of 2.70%	397.2
Senior unsecured notes (due 2022), including a premium of $28.3 million, which bear interest at the rate of 7.125% (1)	224.9
Senior unsecured notes (due 2024), net of discount of $3.6 million, which bear interest at the rate of 4.40%	446.4
Senior unsecured notes (due 2044), net of discount of $3.3 million, which bear interest at the rate of 5.60%	346.7
Other debt	23.6
	$	1,693.8
Less: Current portion (1)	(18.5		)
Debt classified as long-term	$	1,675.3

 (1) On July 20, 2014, the Partnership redeemed 18.5 million aggregate principal amount of the 2022 Notes.

Credit Facility Interest Levels

The percentages per annum, based upon the debt rating are as set forth below:

Pricing Level	Debt Ratings	Applicable Rate Commitment Fee	EuroDollar Rate/Letter of Credit	Base Rate +
1	A-/A3 or better	0.100%	1.000%	—
2	BBB+/Baa1	0.125%	1.125%	0.125%
3	BBB/Baa2	0.175%	1.250%	0.250%
4	BBB-/Baa3	0.225%	1.500%	0.500%
5	BB+/Ba1	0.275%	1.625%	0.625%
6	BB/Ba2 or worse	0.350%	1.750%	0.750%