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FINANCING: (Tables)
12 Months Ended
Dec. 31, 2018
FINANCING:  
Schedule of long-term debt

Long-term debt (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

 

 

 

 

 

 

 

 

 

value as of

 

 

Face

 

Issuance

 

Issuance

 

December 31,

 

    

amount

    

discount

    

costs

    

2018

5.375% Senior unsecured notes due 2020

 

$

400

 

$

(0.3)

 

$

(0.4)

 

$

399.3

3.500% Senior unsecured notes due 2022

 

 

300

 

 

(0.5)

 

 

(0.6)

 

 

298.9

3.875% Senior unsecured notes due 2025

 

 

500

 

 

(1.8)

 

 

(1.8)

 

 

496.4

9.250% Yankee bonds due 2028

 

 

125

 

 

 —

 

 

 —

 

 

51.2

7.500% Senior unsecured notes due 2035

 

 

1,000

 

 

(12.9)

 

 

(8.4)

 

 

978.7

6.750% Senior unsecured notes due 2040

 

 

1,100

 

 

(7.3)

 

 

(5.8)

 

 

1,086.9

5.250% Senior unsecured notes due 2042

 

 

1,200

 

 

(19.4)

 

 

(6.5)

 

 

1,174.1

5.875% Senior unsecured notes due 2045

 

 

1,500

 

 

(16.6)

 

 

(8.8)

 

 

1,474.6

Total

 

$

6,125

 

$

(58.8)

 

$

(32.3)

 

 

5,960.1

Less, current portion

 

 

 

 

 

 

 

 

 

 

 

 —

Total long-term debt

 

 

 

 

 

 

 

 

 

 

$

5,960.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

    

Carrying

 

 

 

 

 

 

 

 

 

 

 

value as of

 

 

Face

 

Issuance

 

Issuance

 

December 31,

 

 

amount

 

discount

 

costs

 

2017

5.375% Senior unsecured notes due 2020

 

$

400

 

$

(0.6)

 

$

(0.6)

 

$

398.8

3.500% Senior unsecured notes due 2022

 

 

300

 

 

(0.5)

 

 

(0.8)

 

 

298.7

3.875% Senior unsecured notes due 2025

 

 

500

 

 

(2.1)

 

 

(2.0)

 

 

495.9

9.250% Yankee bonds due 2028

 

 

125

 

 

 —

 

 

 —

 

 

51.2

7.500% Senior unsecured notes due 2035

 

 

1,000

 

 

(13.2)

 

 

(8.8)

 

 

978.0

6.750% Senior unsecured notes due 2040

 

 

1,100

 

 

(7.4)

 

 

(5.9)

 

 

1,086.7

5.250% Senior unsecured notes due 2042

 

 

1,200

 

 

(19.8)

 

 

(6.6)

 

 

1,173.6

5.875% Senior unsecured notes due 2045

 

 

1,500

 

 

(16.9)

 

 

(8.9)

 

 

1,474.2

Total

 

$

6,125

 

$

(60.5)

 

$

(33.6)

 

 

5,957.1

Less, current portion

 

 

 

 

 

 

 

 

 

 

 

 —

Total long-term debt

 

 

 

 

 

 

 

 

 

 

$

5,957.1

 

Schedule of aggregate maturities of the outstanding borrowings

Aggregate maturities of the outstanding borrowings at December 31, 2018, are as follows:

 

 

 

 

 

 

    

Principal

Years

 

Due(*)

 

 

(in millions)

2019

 

$

 —

2020

 

 

400.0

2021

 

 

 —

2022

 

 

300.0

2023

 

 

 —

Thereafter

 

 

5,351.2

Total

 

$

6,051.2


(*)   Total debt maturities do not include the debt discount valuation account of $91.1 million.