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Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2020
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 December 31,
(in millions)20202019
Commercial banks
Unsecured credit facility$— $44.0 
1.85% Term loan, due 202239.7 99.7 
$39.7 $143.7 
Senior unsecured notes
3.15% Notes, due 2022$348.6 $348.0 
5.07% Notes, due 2023248.9 248.4 
4.36% Notes, due 2024249.2 249.0 
3.68% Notes, due 2024248.4 248.0 
3.74% Notes, due 2028397.3 396.7 
3.67% Notes, due 2029 (1)
594.3 593.7 
2.91% Notes, due 2030743.5 — 
3.41% Notes, due 2049296.7 296.6 
$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)— %
2022386.3 3.0 %
2023247.3 5.1 
2024497.9 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.