XML 35 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2017

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 financial assets and liabilities 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, 2017
Supplemental executive retirement plan assets	$	30.0			$	—			$	—			$	30.0
Derivatives, net	—				6.0				—				6.0
Total financial assets	$	30.0			$	6.0			$	—			$	36.0
As of December 31, 2016
Supplemental executive retirement plan assets	$	27.7			$	—			$	—			$	27.7
Total financial assets	$	27.7			$	—			$	—			$	27.7
Derivatives, net	$	—			$	(8.8	)		$	—			$	(8.8	)
Total financial liabilities	$	—			$	(8.8	)		$	—			$	(8.8	)

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, 2017								December 31, 2016
	Carrying Value				Estimated Fair Value				Carrying Value				Estimated Fair Value
8.50% Senior notes due 2019	$	253.7			$	252.3			$	480.2			$	485.0
6.875% Senior notes due 2020	480.3				465.2				735.9				727.5
4.70% Senior notes due 2021	266.9				264.6				674.4				658.9
3.00% Exchangeable senior notes due 2024(1)	628.2				726.8				604.3				874.7
4.50% Senior notes due 2024	619.1				520.2				618.6				536.0
8.00% Senior notes due 2024	338.2				330.2				—				—
5.20% Senior notes due 2025	663.4				564.0				662.8				582.3
7.20% Debentures due 2027	149.2				139.2				149.2				138.7
7.875% Senior notes due 2040	377.1				256.6				378.3				270.6
5.75% Senior notes due 2044	971.6				731.9				970.8				728.0
Total	$	4,747.7			$	4,251.0			$	5,274.5			$	5,001.7

⁽¹⁾   Our exchangeable senior notes due 2024 (the "2024 Convertible Notes") were issued with a conversion feature. The 2024 Convertible Notes were separated into their liability and equity components on our condensed consolidated balance sheet. The equity component was initially recorded to additional paid-in capital and as a debt discount that will be amortized to interest expense over the life of the instrument. Excluding the unamortized discount, the carrying amount of the 2024 Convertible Notes was $833.5 million and $830.1 million as of September 30, 2017 and December 31, 2016, respectively.

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13476-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13467-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=75026489&loc=d3e13220-108610

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14172-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13433-108611

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration