Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2017

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 12, “Consolidated Investment Products.”

	March 31, 2017		December 31, 2016
$ in millions	Carrying Value**	Fair Value	Carrying Value**	Fair Value
Floating rate credit facility expiring August 7, 2020	19.4	19.4	28.7	28.7
Unsecured Senior Notes*:
$600 million 3.125% - due November 30, 2022	596.4	603.0	596.3	604.7
$600 million 4.000% - due January 30, 2024	593.4	636.6	593.2	625.3
$500 million 3.750% - due January 15, 2026	494.7	513.3	494.5	506.4
$400 million 5.375% - due November 30, 2043	389.7	450.3	389.7	441.4
Long-term debt	2,093.6	2,222.6	2,102.4	2,206.5

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* 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.