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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016
 
December 31, 2015
$ in millions
Carrying Value**
 
Fair Value
 
Carrying Value**
 
Fair Value
Floating rate credit facility expiring August 7, 2020
28.7

 
28.7

 

 

Unsecured Senior Notes*:
 
 
 
 
 
 
 
$600 million 3.125% - due November 30, 2022
596.3

 
604.7

 
596.1

 
601.4

$600 million 4.000% - due January 30, 2024
593.2

 
625.3

 
592.7

 
628.3

$500 million 3.750% - due January 15, 2026
494.5

 
506.4

 
494.2

 
503.0

$400 million 5.375% - due November 30, 2043
389.7

 
441.4

 
389.8

 
428.6

Long-term debt
2,102.4

 
2,206.5

 
2,072.8

 
2,161.3

____________

*
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.

**
The difference between the principal amounts and the carrying values of the senior notes in the table above reflect the unamortized debt issuance costs and discounts.
Analysis Of Borrowings By Maturity
Analysis of Borrowings by Maturity:
$ in millions
December 31, 2016
2020
28.7

2022
596.3

2024
593.2

2026
494.5

2043
389.7

Long-term debt
2,102.4