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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule Of Long-Term Debt Instruments
The disclosures below include details of the company's debt. Debt of CIP is detailed in Note 20, “Consolidated Investment Products.”
 
December 31, 2014
 
December 31, 2013
$ in millions
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Floating rate credit facility expiring December 17, 2018

 

 

 

Unsecured Senior Notes*:
 
 
 
 
 
 
 
$600 million 3.125% - due November 30, 2022
599.6

 
596.8

 
599.6

 
551.5

$600 million 4.000% - due January 30, 2024
596.2

 
625.9

 
595.8

 
593.2

$400 million 5.375% - due November 30, 2043
393.5

 
473.1

 
393.2

 
400.0

Long-term debt
1,589.3

 
1,695.8

 
1,588.6

 
1,544.7


____________

*
The company's senior note indentures contain certain restrictions on mergers or consolidations. Beyond these items, there are no other restrictive covenants in the indentures.

Analysis Of Borrowings By Maturity
Analysis of Borrowings by Maturity:
$ in millions
December 31, 2014
2022
599.6

2024
596.2

2043
393.5

Long-term debt
1,589.3