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Debt (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Disclosure [Abstract] |
Schedule of debt outstanding | The following table presents the change in debt under the NSM Bank Facility for the three and nine months ended September 30, 2020 and 2019:
NSM Bank Facility |  | Three Months Ended |  | Nine Months Ended
|  | September 30 |  | September 30
Millions |  | 2020 |  | 2019 |  | 2020 |  | 2019
Beginning balance |  | $ | 273.4 |  |  | $ | 222.3 |  |  | $ | 221.3 |  |  | $ | 180.4 |
Term loans |  |  |  |  |  |  |  |
Borrowings (1) |  | — |  |  | — |  |  | 52.4 |  |  | 42.9 |
Repayments |  | (.7 | ) |  | (.4 | ) |  | (1.3 | ) |  | (1.4 | )
Foreign currency translation |  | 2.3 |  |  | — |  |  | 2.6 |  |  | — |
Revolving credit loan |  |  |  |  |  |  |  |
Borrowings |  | — |  |  | — |  |  | — |  |  | 6.5 |
Repayments |  | — |  |  | — |  |  | — |  |  | (6.5 | )
Ending balance |  | 275.0 |  |  | 221.9 |  |  | 275.0 |  |  | 221.9 |
(1) Borrowings for the nine months ended September 30, 2020 included $52.4 for the funding of the acquisition of Kingsbridge. Borrowings for the nine months ended September 30, 2019, included $20.4 and $22.5 for the funding of the acquisitions of Embrace and the Renewal Rights. The following table presents White Mountains’s debt outstanding as of September 30, 2020 and December 31, 2019:
Millions |  | September 30, 2020 |  | Effective Rate (1) |  | December 31, 2019 |  | Effective Rate (1)
NSM Bank Facility |  | $ | 275.0 |  |  | 7.4% |  | $ | 221.3 |  |  | 7.5%
Unamortized issuance cost |  | (6.2 | ) |  |  |  | (3.9 | ) |  |
NSM Bank Facility, carrying value |  | 268.8 |  |  |  |  | 217.4 |  |  |
Other NSM debt, carrying value |  | 1.4 |  |  | 2.8% |  | 1.8 |  |  | 3.0%
Kudu Bank Facility |  | 74.0 |  |  | 8.4% |  | 57.0 |  |  | 8.3%
Unamortized issuance cost |  | (3.0 | ) |  |  |  | (3.4 | ) |  |
Kudu Bank Facility, carrying value |  | 71.0 |  |  |  |  | 53.6 |  |  |
Other Operations debt |  | 18.8 |  |  | 10.1% |  | 11.1 |  |  | 8.3%
Unamortized issuance cost |  | (.6 | ) |  |  |  | (.4 | ) |  |
Other Operations, carrying value |  | 18.2 |  |  |  |  | 10.7 |  |  |
Total debt |  | $ | 359.4 |  |  |  |  | $ | 283.5 |  |  |
(1) Effective rate considers the effect of the debt issuance costs.

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