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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2018
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, 2018
 
December 31, 2017
$ in millions
Carrying Value**
 
Fair Value
 
Carrying Value**
 
Fair Value
  Floating rate credit facility expiring August 11, 2022

 

 

 

Unsecured Senior Notes*:
 
 
 
 
 
 
 
$600 million 3.125% - due November 30, 2022
597.0

 
603.6

 
596.9

 
608.8

$600 million 4.000% - due January 30, 2024
594.3

 
617.9

 
594.0

 
634.7

$500 million 3.750% - due January 15, 2026
495.2

 
501.4

 
495.1

 
515.0

$400 million 5.375% - due November 30, 2043
389.9

 
457.3

 
389.8

 
499.6

Long-term debt
2,076.4

 
2,180.2

 
2,075.8

 
2,258.1

____________
*
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.