XML 61 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule Of Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis
The following fair value hierarchy table categorizes information regarding our net financial assets measured at fair value on a recurring basis (in millions):
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Total
As of September 30, 2015
 
 
 

 
 

 
 

Supplemental executive retirement plan assets 
$
42.8

 
$

 
$

 
$
42.8

Total financial assets
42.8

 

 

 
42.8

Derivatives, net 

 
(32.7
)
 

 
(32.7
)
Total financial liabilities
$

 
$
(32.7
)
 
$

 
$
(32.7
)
 
 
 
 
 
 
 
 
As of December 31, 2014
 
 
 

 
 

 
 

Supplemental executive retirement plan assets
$
43.2

 
$

 
$

 
$
43.2

Total financial assets
43.2

 

 

 
43.2

Derivatives, net 

 
(26.3
)
 

 
(26.3
)
Total financial liabilities
$

 
$
(26.3
)
 
$

 
$
(26.3
)
Schedule Of Carrying Values And Estimated Fair Values Of Debt Instruments
The carrying values and estimated fair values of our long-term debt instruments were as follows (in millions):
 
September 30,
2015
 
December 31,
2014
 
Carrying Value  
 
Estimated Fair Value  
 
Carrying Value  
 
Estimated Fair Value  
4.70% Senior notes due 2021
$
1,482.0

 
$
1,254.7

 
$
1,479.9

 
$
1,505.3

5.75% Senior notes due 2044
1,004.0

 
706.9

 
622.3

 
615.8

6.875% Senior notes due 2020
995.4

 
886.5

 
1,008.2

 
1,008.5

5.20% Senior notes due 2025
697.5

 
572.3

 

 

4.50% Senior notes due 2024
624.2

 
487.5

 
624.2

 
602.0

8.50% Senior notes due 2019
570.8

 
517.5

 
583.8

 
611.8

7.875% Senior notes due 2040
380.2

 
253.0

 
381.2

 
363.8

7.20% Debentures due 2027
149.2

 
136.7

 
149.2

 
171.4

4.33% MARAD bonds, including current maturities, due 2016

 

 
46.6

 
46.8

4.65% MARAD bonds, including current maturities, due 2020

 

 
27.0

 
29.7

3.25% Senior notes due 2016

 

 
998.0

 
1,018.3

Total
$
5,903.3

 
$
4,815.1

 
$
5,920.4

 
$
5,973.4