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v3.20.4

Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2020
Notes Payable [Abstract] |
Summary Of Indebtedness | The following is a summary of our indebtedness:
|  | December 31,
(in millions) |  | 2020 |  | 2019
Commercial banks |  |  |  |
Unsecured credit facility |  | $ | — |  |  | $ | 44.0 |
1.85% Term loan, due 2022 |  | 39.7 |  |  | 99.7 |
|  | $ | 39.7 |  |  | $ | 143.7 |
Senior unsecured notes |  |  |  |
3.15% Notes, due 2022 |  | $ | 348.6 |  |  | $ | 348.0 |
5.07% Notes, due 2023 |  | 248.9 |  |  | 248.4 |
4.36% Notes, due 2024 |  | 249.2 |  |  | 249.0 |
3.68% Notes, due 2024 |  | 248.4 |  |  | 248.0 |
3.74% Notes, due 2028 |  | 397.3 |  |  | 396.7 |
3.67% Notes, due 2029 (1) |  | 594.3 |  |  | 593.7 |
2.91% Notes, due 2030 |  | 743.5 |  |  | — |
3.41% Notes, due 2049 |  | 296.7 |  |  | 296.6 |
|  | $ | 3,126.9 |  |  | $ | 2,380.4 |
Total notes payable (2) |  | $ | 3,166.6 |  |  | $ | 2,524.1 |
(1)The 2029 Notes have an effective annual interest rate of approximately 3.84% through June 2026, which includes the effect of a settled forward interest rate swap, and approximately 3.28% thereafter, for an all-in average effective rate of approximately 3.67%. (2)Unamortized debt discounts and debt issuance costs of $23.4 million and $19.9 million are included in senior unsecured notes payable as of December 31, 2020 and 2019, respectively.
Scheduled Repayments On Outstanding Debt | The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2020:
(in millions) (1) |  | Amount (2) |  | Weighted Average Interest Rate (3)
2021 |  | $ | (3.7) |  |  | — | %
2022 |  | 386.3 |  |  | 3.0 | %
2023 |  | 247.3 |  |  | 5.1 |
2024 |  | 497.9 |  |  | 4.0 |
2025 |  | (1.8) |  |  | — |
Thereafter |  | 2,040.6 |  |  | 3.4 |
Total |  | $3,166.6 |  |  | 3.6 | %
(1)Includes all available extension options. (2)Includes amortization of debt discounts and debt issuance costs. (3)Includes the effects of the applicable settled forward interest rate swaps.

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