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Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Consolidated Debt
Consolidated debt at December 31, 2015 and March 31, 2016 was as follows (in thousands, except as otherwise noted):
 
 
December 31, 2015
 
March 31,
2016
 
Weighted-Average
Interest Rate for the Three Months Ended March 31, 2016 (1)
Commercial paper(2)
 
$
279,961

 
$

 
0.7%
$250.0 million of 5.65% Notes due 2016(3)
 
250,335

 
250,229

 
5.7%
$250.0 million of 6.40% Notes due 2018
 
255,215

 
254,698

 
5.5%
$550.0 million of 6.55% Notes due 2019
 
564,116

 
563,161

 
5.7%
$550.0 million of 4.25% Notes due 2021
 
555,362

 
555,121

 
4.0%
$250.0 million of 3.20% Notes due 2025
 
249,700

 
249,707

 
3.2%
$650.0 million of 5.00% Notes due 2026(2)
 

 
649,193

 
5.0%
$250.0 million of 6.40% Notes due 2037
 
249,036

 
249,042

 
6.4%
$250.0 million of 4.20% Notes due 2042
 
248,437

 
248,445

 
4.2%
$550.0 million of 5.15% Notes due 2043
 
556,218

 
556,192

 
5.1%
$250.0 million of 4.20% Notes due 2045
 
249,914

 
249,914

 
4.6%
Total debt, excluding unamortized debt issuance costs
 
3,458,294

 
3,825,702

 
4.6%
Unamortized debt issuance costs
 
(18,672
)
 
(23,441
)
 
 
Less: current portion of long-term debt
 
250,335

 
250,229

 
 
Total long-term debt
 
$
3,189,287

 
$
3,552,032

 
 
 
 
 
 
 
 
 

(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 three-month period ending March 31, 2016. The weighted-average interest rate for these borrowings was calculated based on the number of days the borrowings were outstanding during the noted period.

(3)
These borrowings will mature in October 2016 and are included with current debt on our consolidated balance sheets at December 31, 2015 and March 31, 2016.