v2.4.0.8
Debt (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Consolidated Debt
Consolidated debt at December 31, 2013 and September 30, 2014 was as follows (in thousands, except as otherwise noted):
 
 
December 31, 2013
 
September 30,
2014
 
Weighted-Average
Interest Rate for Nine Months Ending
September 30, 2014 (1)
Commercial paper(2)
 
$

 
$
315,967

 
0.3%
Revolving credit facility(2)
 

 

 
1.3%
$250.0 million of 6.45% Notes due 2014(2)
 
249,971

 

 
6.3%
$250.0 million of 5.65% Notes due 2016
 
251,183

 
250,864

 
5.7%
$250.0 million of 6.40% Notes due 2018
 
259,346

 
257,796

 
5.4%
$550.0 million of 6.55% Notes due 2019
 
571,515

 
568,789

 
5.7%
$550.0 million of 4.25% Notes due 2021
 
557,213

 
556,535

 
4.0%
$250.0 million of 6.40% Notes due 2037
 
248,998

 
249,012

 
6.4%
$250.0 million of 4.20% Notes due 2042
 
248,377

 
248,399

 
4.2%
$550.0 million ($300.0 million at December 31, 2013) of 5.15% Notes due 2043(2)
 
298,684

 
556,345

 
5.1%
Total debt
 
$
2,685,287

 
$
3,003,707

 
5.0%
 
 
 
 
 
 
 

(1)
Weighted-average interest rate includes the amortization/accretion of discounts, premiums and gains/losses realized on historical cash flow and fair value hedges recognized as interest expense.

(2)
These borrowings were outstanding for only a portion of the nine month period ending September 30, 2014. The weighted-average interest rate for these borrowings was calculated based on the number of days the borrowings were outstanding during the noted period.