XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Notes Payable | 9 Months Ended
--- | ---
Sep. 30, 2016
Notes Payable.. |
Debt instrument |
Debt | 8.Notes Payable A. General Our senior unsecured notes and bonds consist of the following, sorted by maturity date (dollars in millions):
|  | September 30, |  | December 31, |
|  | 2016 |  | 2015 |
5.950% notes, issued in September 2006 and due in September 2016 |  | $ | - |  | $ | 275 |
5.375% notes, issued in September 2005 and due in September 2017 |  | 175 |  | 175 |
2.000% notes, issued in October 2012 and due in January 2018 |  | 350 |  | 350 |
6.750% notes, issued in September 2007 and due in August 2019 |  | 550 |  | 550 |
5.750% notes, issued in June 2010 and due in January 2021 |  | 250 |  | 250 |
3.250% notes, issued in October 2012 and due in October 2022 |  | 450 |  | 450 |
4.650% notes, issued in July 2013 and due in August 2023 |  | 750 |  | 750 |
3.875% notes, issued in June 2014 and due in July 2024 |  | 350 |  | 350 |
4.125% notes, issued in September 2014 and due in October 2026 |  | 250 |  | 250 |
5.875% bonds, $100 issued in March 2005 and $150 issued in |  |  |  |  |
June 2011, both due in March 2035 |  | 250 |  | 250 |
Total principal amount |  | 3,375 |  | 3,650 |
Unamortized original issuance discounts and deferred financing costs |  | (29 | ) | (32 | )
|  | $ | 3,346 |  | $ | 3,618 |
The following table summarizes the maturity of our notes and bonds payable as of September 30, 2016, excluding unamortized original issuance discounts and deferred financing costs (dollars in millions):
Year of Maturity |  | Principal
2016 |  | $ | -
2017 |  | 175
2018 |  | 350
2019 |  | 550
2020 |  | -
Thereafter |  | 2,300
Totals |  | $ | 3,375
As of September 30, 2016, the weighted average interest rate on our notes and bonds payable was 4.6% and the weighted average remaining years until maturity was 6.2 years. B. Note Repayment In September 2016, we repaid $275.0 million of outstanding 5.950% notes, plus accrued and unpaid interest.

X
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_NotesPayableToBanksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |