XML 25 R13.htm IDEA: XBRL DOCUMENT
v3.20.2

Long-Term Debt | 9 Months Ended
--- | ---
Sep. 30, 2020
Long-Term Debt |
Long-Term Debt | 6. Long-Term Debt ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2020
​ | ​ | ​ | ​ | ​ | Net unamortized | ​ | ​ |
​ | ​ | ​ | ​ | ​ | discount, | ​ | ​ |
​ | ​ | ​ | ​ | ​ | premium and | ​ | ​ |
​ | ​ | ​ | ​ | ​ | debt issuance | ​ | Carrying
​ |  | Principal |  | costs | ​ | amount
​ |  | ​ | (in millions)
3.3% notes payable, due 2022 | ​ | $ | 300.0 | ​ | $ | (0.7) | ​ | $ | 299.3
3.125% notes payable, due 2023 | ​ |  | 300.0 | ​ |  | (0.7) | ​ |  | 299.3
3.4% notes payable, due 2025 | ​ |  | 400.0 | ​ |  | (2.2) | ​ |  | 397.8
3.1% notes payable, due 2026 | ​ |  | 350.0 | ​ |  | (2.2) | ​ |  | 347.8
3.7% notes payable, due 2029 | ​ |  | 500.0 | ​ |  | (5.7) | ​ |  | 494.3
2.125% notes payable, due 2030 | ​ |  | 600.0 | ​ |  | (4.8) | ​ |  | 595.2
6.05% notes payable, due 2036 | ​ |  | 505.6 | ​ |  | (2.5) | ​ |  | 503.1
4.625% notes payable, due 2042 | ​ |  | 300.0 | ​ |  | (3.2) | ​ |  | 296.8
4.35% notes payable, due 2043 | ​ |  | 300.0 | ​ |  | (3.1) | ​ |  | 296.9
4.3% notes payable, due 2046 | ​ |  | 300.0 | ​ |  | (3.2) | ​ |  | 296.8
4.7% notes payable, due 2055 | ​ |  | 400.0 | ​ |  | (4.8) | ​ |  | 395.2
Non-recourse mortgages and notes payable | ​ |  | 55.9 | ​ |  | 0.6 | ​ |  | 56.5
Total long-term debt | ​ | $ | 4,311.5 | ​ | $ | (32.5) | ​ | $ | 4,279.0
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2019
​ | ​ | ​ | ​ | ​ | Net unamortized | ​ | ​ |
​ | ​ | ​ | ​ | ​ | discount, | ​ | ​ |
​ | ​ | ​ | ​ | ​ | premium and | ​ | ​ |
​ | ​ | ​ | ​ | ​ | debt issuance | ​ | Carrying
​ |  | Principal |  | costs |  | amount
​ |  | ​ | (in millions)
3.3% notes payable, due 2022 | ​ | $ | 300.0 | ​ | $ | (1.0) | ​ | $ | 299.0
3.125% notes payable, due 2023 | ​ |  | 300.0 | ​ |  | (1.0) | ​ |  | 299.0
3.4% notes payable, due 2025 | ​ |  | 400.0 | ​ |  | (2.6) | ​ |  | 397.4
3.1% notes payable, due 2026 | ​ |  | 350.0 | ​ |  | (2.5) | ​ |  | 347.5
3.7% notes payable, due 2029 | ​ |  | 500.0 | ​ |  | (6.1) | ​ |  | 493.9
6.05% notes payable, due 2036 | ​ |  | 505.6 | ​ |  | (2.4) | ​ |  | 503.2
4.625% notes payable, due 2042 | ​ |  | 300.0 | ​ |  | (3.2) | ​ |  | 296.8
4.35% notes payable, due 2043 | ​ |  | 300.0 | ​ |  | (3.3) | ​ |  | 296.7
4.3% notes payable, due 2046 | ​ |  | 300.0 | ​ |  | (3.3) | ​ |  | 296.7
4.7% notes payable, due 2055 | ​ |  | 400.0 | ​ |  | (4.9) | ​ |  | 395.1
Non-recourse mortgages and notes payable | ​ |  | 107.6 | ​ |  | 1.2 | ​ |  | 108.8
Total long-term debt | ​ | $ | 3,763.2 | ​ | $ | (29.1) | ​ | $ | 3,734.1
​ Net discount, premium and issuance costs associated with issuing these notes are amortized to expense over the respective terms using the interest method. On June 12, 2020, we issued $500.0 million of senior notes at a discount. On August 3, 2020, we issued an additional $100.0 million of senior notes at a premium. These notes bear interest at 2.125% and will mature in 2030. Interest on the notes is payable semi-annually on June 15 and December 15 each year, beginning on December 15, 2020. The proceeds from these notes were used for general corporate purposes.

X
- References No definition available. + Details
Name: | us-gaap_LongTermDebtAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration