Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of Debt

Consolidated debt of Old Republic and its subsidiaries is summarized below:

	September 30, 2016				December 31, 2015
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
3.75% Convertible Senior Notes due 2018	$	547.3	$	665.1	$	546.0	$	709.5
4.875% Senior Notes due 2024	395.5		432.5		395.1		404.6
3.875% Senior Notes due 2026	544.4		550.6		—		—
ESSOP debt with an average yield of 3.95%
and 3.69%, respectively	8.1		8.1		11.7		11.7
Other miscellaneous debt with an average yield of 1.8%	32.4		32.5		—		—
Total debt	$	1,528.0	$	1,689.0	$	952.8	$	1,125.8

Fair Value, Debt Measured on Recurring Basis

The following table shows a summary of the carrying value and fair value of financial liabilities segregated among the various input levels described in Note 3 above:

	Carrying		Fair
	Value		Value		Level 1		Level 2		Level 3
Financial Liabilities:
Debt:
September 30, 2016	$	1,528.0	$	1,689.0	$	—	$	1,648.4	$	40.6
December 31, 2015	$	952.8	$	1,125.8	$	—	$	1,114.1	$	11.7