INDEBTEDNESS (Tables)

9 Months Ended

Sep. 30, 2015

Summary of Total Indebtedness

		September 30,		December 31,
		2015		2014
Notes Payable:
	6.06% Series 2007-1 Notes due 2017	$	300.0	$	300.0
	5.50% 2010 Senior Notes, due 2020, net of unamortized discount of $1.7 million in 2015 and $2.0 million in 2014; also includes a fair value adjustment on an interest rate hedge of $17.1 million in 2015 and $5.8 million in 2014		515.4		503.8
	4.50% 2012 Senior Notes, due 2022, net of unamortized discount of $2.9 million in 2015 and $3.1 million in 2014		497.1		496.9
	4.875% 2013 Senior Notes, due 2024, net of unamortized discount of $2.4 million in 2015 and 2.5 million in 2014		497.6		497.5
	2.75% 2014 Senior Notes (5-Year), due 2019, net of unamortized discount of $0.5 million in 2015 and $0.7 million in 2014; also includes a fair value adjustment on an interest rate hedge of $8.4 million in 2015 and $1.4 million in 2014		457.9		450.7
	5.25% 2014 Senior Notes (30-Year), due 2044, net of unamortized discount of $1.6 million in 2015 and 2014		298.4		298.4
	1.75% 2015 Senior Notes, due 2027		558.1		-
Total long-term debt		$	3,124.5	$	2,547.3

Summary of Components of Interest as Presented in Consolidated Statements of Operations

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
Income	$	2.8	$	1.8	$	7.0	$	5.1
Expense on borrowings (1)		(29.8)		(38.8)		(88.8)		(90.5)
UTPs and other tax related liabilities (2)		0.4		(1.7)		(6.3)		(3.2)
Legacy Tax		0.7		0.7		0.7		0.7
Capitalized		0.1		0.3		0.4		0.4
Total	$	(25.8)	$	(37.7)	$	(87.0)	$	(87.5)
(1) The three and nine months ended September 30, 2014 both include approximately $11 million in net costs related to the prepayment of the Series 2005-1 Notes.(2) The three and nine months ended September 30, 2015 include approximately $2 million in interest income on a tax refund. The nine months ended September 30, 2014 amount includes a $2.0 million reversal of an interest accrual relating to the favorable resolution of an international tax matter.

Interest Paid

	Nine Months Ended
	September 30,
	2015		2014
Interest paid	$	101.0	$	108.4

Fair Value and Carrying Value of Long-Term Debt

	September 30, 2015				December 31, 2014
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Series 2007-1 Notes	$	300.0	$	324.9	$	300.0	$	334.6
2010 Senior Notes		515.4		559.0		503.8		564.4
2012 Senior Notes		497.1		530.2		496.9		537.1
2013 Senior Notes		497.6		531.2		497.5		548.4
2014 Senior Notes (5-Year)		457.9		456.7		450.7		454.3
2014 Senior Notes (30-Year)		298.4		311.3		298.4		333.9
2015 Senior Notes		558.1		531.3		-		-
Total	$	3,124.5	$	3,244.6	$	2,547.3	$	2,772.7