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Debt (Tables)
 12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule Of Long-Term Debt Instruments
The carrying value of our long-term debt as of December 31, 2016 and 2015 consisted of the following (in millions):
 
 
2016
 
2015
8.50% Senior notes due 2019
 
$
480.2

 
$
566.4

6.875% Senior notes due 2020
 
735.9

 
990.9

4.70% Senior notes due 2021
 
674.4

 
1,476.7

3.00% Exchangeable senior notes due 2024
 
604.3

 
—

4.50% Senior notes due 2024
 
618.6

 
619.7

5.20% Senior notes due 2025
 
662.8

 
692.5

7.20% Senior notes due 2027
 
149.2

 
149.1

7.875% Senior notes due 2040
 
378.3

 
379.8

5.75% Senior notes due 2044
 
970.8

 
993.5

Total Debt
 
5,274.5

 
5,868.6

Less current maturities
 
(331.9
)
 
—

Total long-term debt
 
$
4,942.6

 
$
5,868.6
Convertible Debt
As of December 31, 2016, the 2024 Convertible Notes consist of the following (in millions):
Liability component:
 
 
Principal
 
$
849.5

Less: Unamortized debt discount and issuance costs
 
(245.2
)
Net carrying amount
 
$
604.3

Equity component, net
 
$
220.0


For the year ended December 31, 2016, we recognized $1.3 million associated with coupon interest and $1.5 million associated with the amortization of debt discount and issuance costs.
Schedule of Extinguishment of Debt
Our tender offers and open market repurchases during the year ended December 31, 2016 were as follows (in millions, except percentages):
 
Aggregate Principal Amount Repurchased
 
Aggregate Repurchase Price
 
Discount %
8.50% Senior notes due 2019
$
62.0

 
$
55.7

 
10.2
%
6.875% Senior notes due 2020
219.2

 
181.5

 
17.2
%
4.70% Senior notes due 2021
817.0

 
609.0

 
25.5
%
4.50% Senior notes due 2024
1.7

 
0.9

 
47.1
%
5.20% Senior notes due 2025
30.7

 
16.8

 
45.3
%
Total
$
1,130.6

 
$
863.9

 
23.6
%

During the year ended December 31, 2016, we recognized pre-tax gains from debt extinguishment of $279.0 million included in other, net, in our consolidated statements of operations related to the Tender Offers and open market repurchases, net of discounts, premiums, debt issuance costs and transaction costs.

The Exchange Offers resulted in the tender of $649.5 million aggregate principal amount of our outstanding notes that were settled and exchanged as follows (in millions):

 
Aggregate Principal Amount Repurchased
 
8% Senior notes due 2024 Consideration
 
Cash
Consideration(1)
 
Total Consideration
8.50% Senior notes due 2019
$
145.8

 
$
81.6

 
$
81.7

 
$
163.3

6.875% Senior notes due 2020
129.8

 
69.3

 
69.4

 
138.7

4.70% Senior notes due 2021
373.9

 
181.1

 
181.4

 
362.5

Total
$
649.5

 
$
332.0

 
$
332.5


$
664.5


(1) 
As of December 31, 2016, the aggregate amount of principal repurchased with cash of $332.5 million, along with associated premiums, was classified as current maturities of long-term debt on our consolidated balance sheet.

During the first quarter, we expect to recognize a pre-tax loss on the Exchange Offers of approximately $6.0 million, net of premiums and transaction costs.
Aggregate Maturities Of Long-Term Debt
The descriptions of our senior notes above reflect the original principal amounts issued, which have been subsequently reduced through our tenders, repurchases and exchanges such that the maturities of our debt were as follows (in millions):

 
Original Principal
 
2016 Tenders and Repurchases
 
2016 Debt to Equity Exchange
 
Principal Outstanding at December 31, 2016(1)
 
2017 Exchange Offers(2)
 
Remaining Principal
8.50% Senior notes due 2019
$
500.0

 
$
(62.0
)
 
$
—

 
$
438.0

 
$
(145.8
)
 
$
292.2

6.875% Senior notes due 2020
900.0

 
(219.2
)
 
—

 
680.8

 
(129.8
)
 
551.0

4.70% Senior notes due 2021
1,500.0

 
(817.0
)
 
—

 
683.0

 
(373.9
)
 
309.1

3.00% Senior notes due 2024
849.5

 
—

 
—

 
849.5

 
—

 
849.5

4.50% Senior notes due 2024
625.0

 
(1.7
)
 
—

 
623.3

 
—

 
623.3

8.00% Senior notes due 2024
—

 
—

 
—

 
—

 
332.0

 
332.0

5.20% Senior notes due 2025
700.0

 
(30.7
)
 
—

 
669.3

 
—

 
669.3

7.20% Senior notes due 2027
150.0

 
—

 
—

 
150.0

 
—

 
150.0

7.875% Senior notes due 2040
300.0

 
—

 
—

 
300.0

 
—

 
300.0

5.75% Senior notes due 2044
1,025.0

 
—

 
(24.5
)
 
1,000.5

 
—

 
1,000.5

Total
$
6,549.5

 
$
(1,130.6
)
 
$
(24.5
)
 
$
5,394.4

 
$
(317.5
)
 
$
5,076.9


(1) 
The aggregate principal amount outstanding as of December 31, 2016 excludes net unamortized discounts and debt issuance costs of $119.9 million.

(2) 
As of December 31, 2016, the aggregate amount of principal repurchased with cash of $332.5 million, along with associated premiums, was classified as current maturities of long-term debt on our consolidated balance sheet.