XML 131 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Table
Debt at December 31, consisted of:
 
 
 
2019
 
2018
(millions)
 
 
Carrying
Value

 
Fair
Value

 
Carrying
Value

 
Fair
Value

3.75% Senior Notes due 2021 (issued: $500.0, August 2011)
$
499.4

 
$
515.6

 
$
499.1

 
$
506.5

2.45% Senior Notes due 2027 (issued: $500.0, August 2016)
496.9

 
501.5

 
496.5

 
455.5

6 5/8% Senior Notes due 2029 (issued: $300.0, March 1999)
296.6

 
392.5

 
296.4

 
368.5

4.00% Senior Notes due 2029 (issued: $550.0, October 2018)
545.0

 
614.3

 
544.5

 
562.4

6.25% Senior Notes due 2032 (issued: $400.0, November 2002)
395.7

 
552.6

 
395.5

 
496.6

4.35% Senior Notes due 2044 (issued: $350.0, April 2014)
346.7

 
417.0

 
346.6

 
350.2

3.70% Senior Notes due 2045 (issued: $400.0, January 2015)
395.4

 
434.2

 
395.3

 
366.7

4.125% Senior Notes due 2047 (issued: $850.0, April 2017)
841.6

 
986.1

 
841.4

 
831.9

4.20% Senior Notes due 2048 (issued: $600.0, March 2018)
589.8

 
705.8

 
589.6

 
594.0

Total
$
4,407.1

 
$
5,119.6

 
$
4,404.9

 
$
4,532.3
Aggregate Principal Payments on Debt Outstanding
Aggregate required principal payments on debt outstanding at December 31, 2019, are as follows:
(millions)
 
Year
Payments

2020
$
0

2021
500

2022
0

2023
0

2024
0

Thereafter
3,950

Total
$
4,450
Cash Flow Hedging [Member]  
Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges Included in Accumulated Other Comprehensive Income The following table shows the original gain (loss) recognized at debt issuance and the unamortized balance at December 31, 2019, on a pretax basis:
(millions)
Unrealized 
Gain (Loss)
at Debt Issuance

Unamortized 
Balance at
December 31, 2019

3.75% Senior Notes
$
(5.1
)
$
(1.0
)
6 5/8% Senior Notes
(4.2
)
(2.4
)
6.25% Senior Notes
5.1

3.3

4.35% Senior Notes
(1.6
)
(1.4
)
3.70% Senior Notes
(12.9
)
(11.7
)
4.125% Senior Notes
(8.0
)
(7.6
)