XML 45 R34.htm IDEA: XBRL DOCUMENT v3.5.0.2
Long-term Debt (Tables)
 9 Months Ended
Sep. 30, 2016
Long-term Debt.  
Schedule of Long-term Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

Fair Value (1)

 

Fair Value (1)

 

(in millions)

    

2016

    

2015

    

2016

    

2015

 

3.75% notes due 2022

 

$
350.0

 

$
350.0

 

$
360.7

 

$
349.3

 

5.125% notes due 2020

 

 
250.0

 

 
250.0

 

 
272.0

 

 
268.6

 

6.125% notes due 2016

 

 

 -

 

 
150.0

 

 

 -

 

 
152.9

 

Unamortized discount and debt issuance costs

 

 
(3.8)

 

 
(4.6)

 

 

 

 

 

 

 

Total long term-debt

 

 
596.2

 

 
745.4

 

 

 

 

 

 

 

Less current portion of long-term debt

 

 

 -

 

 
(149.8)

 

 

 

 

 

 

 

Total long term-debt, net of current portion

 

$
596.2

 

$
595.6

 

 

 

 

 

 

 

(1)

The fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities. Based on these inputs, debt instruments are classified as Level 2 in the fair value hierarchy.