Debt (Tables)

12 Months Ended

Dec. 31, 2019

Commercial Paper and Borrowings Under Bank Credit Facilities ($ in millions)


	December 31
	2020			2019
Balance	$	23.6		$	15.8
Weighted-average interest rate	0.85		%	0.65		%

The following table shows the outstanding balances of our debt obligations and the applicable interest rates as of December 31 ($ in millions):


	Date of Issue	Final Maturity	Interest Rate		2020		2019
Recourse Fixed Rate Debt
Unsecured	05/27/11	06/01/21	4.85	%	$	250.0	$	250.0
Unsecured	09/20/11	06/01/21	4.85	%	50.0		50.0
Unsecured	06/11/12	06/15/22	4.75	%	250.0		250.0
Unsecured (1)	12/15/20	12/31/22	0.70	%	122.1		—
Unsecured	03/19/13	03/30/23	3.90	%	250.0		250.0
Unsecured	11/05/18	02/15/24	4.35	%	300.0		300.0
Unsecured (1)(2)	12/22/16	05/23/24	0.85	%	128.3		—
Unsecured (1)	11/05/19	11/05/24	0.96	%	122.2		112.1
Unsecured (1)	03/20/20	03/20/25	1.00	%	122.2		—
Unsecured	02/06/15	03/30/25	3.25	%	300.0		300.0
Unsecured (1)	08/03/20	08/03/25	1.13	%	122.1		—
Unsecured	09/13/16	09/15/26	3.25	%	350.0		350.0
Unsecured (1)	11/04/19	11/04/26	1.07	%	91.6		84.1
Unsecured	02/09/17	03/30/27	3.85	%	300.0		300.0
Unsecured	11/02/17	03/15/28	3.50	%	300.0		300.0
Unsecured	05/07/18	11/07/28	4.55	%	300.0		300.0
Unsecured	01/31/19	04/01/29	4.70	%	500.0		500.0
Unsecured	05/12/20	06/30/30	4.00	%	500.0		—
Unsecured	03/04/14	03/15/44	5.20	%	300.0		300.0
Unsecured	02/06/15	03/30/45	4.50	%	250.0		250.0
Unsecured	05/16/16	05/30/66	5.63	%	150.0		150.0
Unsecured	10/31/14	03/30/20	2.60	%	—		250.0
Unsecured	02/06/15	03/30/20	2.60	%	—		100.0
Total recourse fixed rate debt					$	5,058.5	$	4,396.2

Recourse Floating Rate Debt
Unsecured	11/06/17	11/05/21	2.61	%	$	300.0	$	300.0
Unsecured (2)	12/22/16	05/23/24	0.90	%	—		117.7
Total recourse floating rate debt					$	300.0	$	417.7




Total debt principal					$	5,358.5	$	4,813.9
Unamortized debt discount and debt issuance costs					(35.1)		(34.9)
Debt adjustment for fair value hedges					5.6		1.4
Total Debt					$	5,329.0	$	4,780.4

The following table shows the scheduled principal payments of our debt obligations as of December 31, 2020 (in millions):