XML 40 R25.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 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 as of December 31, 2015 and 2014 (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 December 31, 2015
 

 
 

 
 

 
 

Supplemental executive retirement plan assets
$
33.1

 
$

 
$

 
$
33.1

Total financial assets
33.1

 

 

 
33.1

Derivatives, net

 
(19.7
)
 

 
(19.7
)
Total financial liabilities
$

 
$
(19.7
)
 
$

 
$
(19.7
)
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 debt instruments as of December 31, 2015 and 2014 were as follows (in millions):
 
 
December 31, 2015
 
December 31, 2014
 
 
Carrying
Value
 
Estimated
  Fair
Value
 
Carrying
Value
 
Estimated
  Fair
Value
 
 
 
 
 
 
 
 
 
4.70% Senior notes due 2021
 
$
1,482.7

 
$
1,254.0

 
$
1,479.9

 
$
1,505.3

5.75% Senior notes due 2044
 
1,004.2

 
707.1

 
622.3

 
615.8

6.875% Senior notes due 2020
 
990.9

 
850.5

 
1,008.2

 
1,008.5

5.20% Senior notes due 2025
 
697.6

 
505.2

 

 

4.50% Senior notes due 2024
 
624.3

 
417.4

 
624.2

 
602.0

8.50% Senior notes due 2019
 
566.4

 
510.2

 
583.8

 
611.8

7.875% Senior notes due 2040
 
379.8

 
244.0

 
381.2

 
363.8

7.20% Debentures due 2027
 
149.2

 
133.5

 
149.2

 
171.4

3.25% Senior notes due 2016
 

 

 
998.0

 
1,018.3

4.33% MARAD bonds due 2016
 

 

 
46.6

 
46.8

4.65% MARAD bonds due 2020
 

 

 
27.0

 
29.7

Total 
 
$
5,895.1

 
$
4,621.9

 
$
5,920.4

 
$
5,973.4