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Credit and Other Debt Agreements (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of Corporate and Other Debt

The following is a summary of our corporate and other debt (in millions):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Note Purchase Agreements:

 

 

 

 

 

 

 

 

Semi-annual payments of interest, fixed rate of 3.48%, balloon due June 24, 2020

 

$

-

 

 

$

50.0

 

Semi-annual payments of interest, fixed rate of 3.99%, balloon due July 10, 2020

 

 

-

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 5.18%, balloon due February 10, 2021

 

 

75.0

 

 

 

75.0

 

Semi-annual payments of interest, fixed rate of 3.69%, balloon due June 14, 2022

 

 

200.0

 

 

 

200.0

 

Semi-annual payments of interest, fixed rate of 5.49%, balloon due February 10, 2023

 

 

50.0

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 4.13%, balloon due June 24, 2023

 

 

200.0

 

 

 

200.0

 

Quarterly payments of interest, floating rate of 90 day LIBOR plus 1.65%, balloon due August 2, 2023 (prepaid on November 3, 2020)

 

 

-

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 4.72%, balloon due February 13, 2024

 

 

100.0

 

 

 

100.0

 

Semi-annual payments of interest, fixed rate of 4.58%, balloon due February 27, 2024

 

 

325.0

 

 

 

325.0

 

Quarterly payments of interest, floating rate of 90 day LIBOR plus 1.40%, balloon due June 13, 2024

 

 

50.0

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 4.31%, balloon due June 24, 2025

 

 

200.0

 

 

 

200.0

 

Semi-annual payments of interest, fixed rate of 4.85%, balloon due February 13, 2026

 

 

140.0

 

 

 

140.0

 

Semi-annual payments of interest, fixed rate of 4.73%, balloon due February 27, 2026

 

 

175.0

 

 

 

175.0

 

Semi-annual payments of interest, fixed rate of 4.40%, balloon due June 2, 2026

 

 

175.0

 

 

 

175.0

 

Semi-annual payments of interest, fixed rate of 4.36%, balloon due June 24, 2026

 

 

150.0

 

 

 

150.0

 

Semi-annual payments of interest, fixed rate of 3.75%, balloon due January 30, 2027

 

 

30.0

 

 

 

-

 

Semi-annual payments of interest, fixed rate of 4.09%, balloon due June 27, 2027

 

 

125.0

 

 

 

125.0

 

Semi-annual payments of interest, fixed rate of 4.09%, balloon due August 2, 2027

 

 

125.0

 

 

 

125.0

 

Semi-annual payments of interest, fixed rate of 4.14%, balloon due August 4, 2027

 

 

98.0

 

 

 

98.0

 

Semi-annual payments of interest, fixed rate of 3.46%, balloon due December 1, 2027

 

 

100.0

 

 

 

100.0

 

Semi-annual payments of interest, fixed rate of 4.55%, balloon due June 2, 2028

 

 

75.0

 

 

 

75.0

 

Semi-annual payments of interest, fixed rate of 4.34%, balloon due June 13, 2028

 

 

125.0

 

 

 

125.0

 

Semi-annual payments of interest, fixed rate of 5.04%, balloon due February 13, 2029

 

 

100.0

 

 

 

100.0

 

Semi-annual payments of interest, fixed rate of 4.98%, balloon due February 27, 2029

 

 

100.0

 

 

 

100.0

 

Semi-annual payments of interest, fixed rate of 4.19%, balloon due June 27, 2029

 

 

50.0

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 4.19%, balloon due August 2, 2029

 

 

50.0

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 3.48%, balloon due December 2, 2029

 

 

50.0

 

 

 

50.0

 

Semi-annual payments of interest, fixed rate of 3.99%, balloon due January 30, 2030

 

 

341.0

 

 

 

-

 

Semi-annual payments of interest, fixed rate of 4.44%, balloon due June 13, 2030

 

 

125.0

 

 

 

125.0

 

Semi-annual payments of interest, fixed rate of 5.14%, balloon due March 13, 2031

 

 

180.0

 

 

 

180.0

 

Semi-annual payments of interest, fixed rate of 4.70%, balloon due June 2, 2031

 

 

25.0

 

 

 

25.0

 

Semi-annual payments of interest, fixed rate of 4.09%, balloon due January 30, 2032

 

 

69.0

 

 

 

-

 

Semi-annual payments of interest, fixed rate of 4.34%, balloon due June 27, 2032

 

 

75.0

 

 

 

75.0

 

Semi-annual payments of interest, fixed rate of 4.34%, balloon due August 2, 2032

 

 

75.0

 

 

 

75.0

 

Semi-annual payments of interest, fixed rate of 4.59%, balloon due June 13, 2033

 

 

125.0

 

 

 

125.0

 

Semi-annual payments of interest, fixed rate of 5.29%, balloon due March 13, 2034

 

 

40.0

 

 

 

40.0

 

Semi-annual payments of interest, fixed rate of 4.48%, balloon due June 12, 2034

 

 

175.0

 

 

 

175.0

 

Semi-annual payments of interest, fixed rate of 4.24%, balloon due January 30, 2035

 

 

79.0

 

 

 

-

 

Semi-annual payments of interest, fixed rate of 4.69%, balloon due June 13, 2038

 

 

75.0

 

 

 

75.0

 

Semi-annual payments of interest, fixed rate of 5.45%, balloon due March 13, 2039

 

 

40.0

 

 

 

40.0

 

Semi-annual payments of interest, fixed rate of 4.49%, balloon due January 30, 2040

 

 

56.0

 

 

 

-

 

Total Note Purchase Agreements

 

 

4,348.0

 

 

 

3,923.0

 

Credit Agreement:

 

 

 

 

 

 

 

 

Periodic payments of interest and principal, prime or LIBOR plus up to 1.45%, expires June 7, 2024

 

 

-

 

 

 

520.0

 

Premium Financing Debt Facility - expires September 15, 2022:

 

 

 

 

 

 

 

 

Facility B

 

 

 

 

 

 

 

 

AUD denominated tranche, interbank rates plus 1.400%

 

 

193.1

 

 

 

142.1

 

NZD denominated tranche, interbank rates plus 1.750%

 

 

-

 

 

 

-

 

Facility C and D

 

 

 

 

 

 

 

 

AUD denominated tranche, interbank rates plus 0.730%

 

 

-

 

 

 

18.8

 

NZD denominated tranche, interbank rates plus 0.940%

 

 

10.5

 

 

 

9.7

 

Total Premium Financing Debt Facility

 

 

203.6

 

 

 

170.6

 

Total corporate and other debt

 

 

4,551.6

 

 

 

4,613.6

 

Less unamortized debt acquisition costs on Note Purchase Agreements

 

 

(7.0

)

 

 

(6.9

)

Net corporate and other debt

 

$

4,544.6

 

 

$

4,606.7