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FINANCING: (Tables)
12 Months Ended
Dec. 31, 2016
FINANCING:  
Schedule of long-term debt

                                                                                                                                                                                    

 

 

Face
amount

 

Issuance
discount

 

Issuance
costs

 

Carrying value as of
December 31, 2016

 

5.375% Senior unsecured notes due 2020

 

$

400

 

$

(0.8

)

$

(0.9

)

$

398.3

 

3.500% Senior unsecured notes due 2022

 

 

300

 

 

(0.7

)

 

(0.9

)

 

298.4

 

3.875% Senior unsecured notes due 2025

 

 

500

 

 

(2.3

)

 

(2.2

)

 

495.5

 

9.250% Yankee Bonds due 2028

 

 

125

 

 

 

 

 

 

51.2

 

7.500% Senior unsecured notes due 2035

 

 

1,000

 

 

(13.6

)

 

(8.9

)

 

977.5

 

6.750% Senior unsecured notes due 2040

 

 

1,100

 

 

(7.5

)

 

(6.1

)

 

1,086.4

 

5.250% Senior unsecured notes due 2042

 

 

1,200

 

 

(20.2

)

 

(6.7

)

 

1.173.1

 

5.875% Senior unsecured notes due 2045

 

 

1,500

 

 

(17.1

)

 

(9.1

)

 

1,473.8

 

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

6,125

 

$

(62.2

)

$

(34.8

)

 

5,954.2

 

​  

​  

​  

​  

​  

​  

​  

​  

Less, current portion

 

 

 

 

 

 

 

 

 

 

 

 

​  

​  

Total long-term debt

 

 

 

 

 

 

 

 

 

 

$

5,954.2

 

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Face
amount

 

Issuance
discount

 

Issuance
costs

 

Carrying value as of
December 31, 2015

 

5.375% Senior unsecured notes due 2020

 

$

400

 

$

(1.0

)

$

(1.1

)

$

397.9

 

3.500% Senior unsecured notes due 2022

 

 

300

 

 

(0.7

)

 

(1.1

)

 

298.2

 

3.875% Senior unsecured notes due 2025

 

 

500

 

 

(2.6

)

 

(2.4

)

 

495.0

 

9.250% Yankee Bonds due 2028

 

 

125

 

 

 

 

 

 

51.1

 

7.500% Senior unsecured notes due 2035

 

 

1,000

 

 

(14.0

)

 

(9.1

)

 

976.9

 

6.750% Senior unsecured notes due 2040

 

 

1,100

 

 

(7.7

)

 

(6.1

)

 

1,086.2

 

5.250% Senior unsecured notes due 2042

 

 

1,200

 

 

(20.5

)

 

(6.8

)

 

1,172.7

 

5.875% Senior unsecured notes due 2045

 

 

1,500

 

 

(17.3

)

 

(9.2

)

 

1,473.5

 

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

6,125

 

$

(63.8

)

$

(35.8

)

 

5,951.5

 

​  

​  

​  

​  

​  

​  

​  

​  

Less, current portion

 

 

 

 

 

 

 

 

 

 

 

 

​  

​  

Total long-term debt

 

 

 

 

 

 

 

 

 

 

$

5,951.5

 

​  

​  

​  

​  

 

Schedule of aggregate maturities of the outstanding borrowings

 

        Aggregate maturities of the outstanding borrowings at December 31, 2016, are as follows:

                                                                                                                                                                 

Years

 

Principal Due(*)

 

 

 

(in millions)

 

2017

 

$

 

2018

 

 

 

2019

 

 

 

2020

 

 

400.0 

 

2021

 

 

 

Thereafter

 

 

5,651.2 

 

​  

​  

Total

 

$

6,051.2 

 

​  

​  

​  

​  


 

 

 

(*)          

Total debt maturities do not include the debt discount valuation account of $97.0 million.