XML 41 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Indebtedness Table
As of September 30, 2014, long-term debt consisted of the following (in millions):
 
September 30, 2014
Partnership bank credit facility (due 2019), interest based on Prime and/or LIBOR plus an applicable margin, interest rate at September 30, 2014 was 1.9%
$
371.0

Company bank credit facility (due 2019), interest based on LIBOR plus an applicable margin, interest rate at September 30, 2014 was 1.9%
80.5

Senior unsecured notes (due 2019), net of discount of $2.7 million, which bear interest at the
rate of 2.70%
397.3

Senior unsecured notes (due 2022), including a premium of $22.6 million, which bear interest at the rate of 7.125%
185.1

Senior unsecured notes (due 2024), net of discount of $3.5 million, which bear interest at the rate of 4.40%
446.5

Senior unsecured notes (due 2044), net of discount of $3.3 million, which bear interest at the rate of 5.60%
346.8

Other debt
26.7

Debt classified as long-term
$
1,853.9

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%