Debt (Tables)

9 Months Ended

Sep. 30, 2014

A summary of long-term debt, including the current portion, is as follows:



(In millions)	Coupon		September 30, 2014		December 31, 2013
Revolving Facility			$	—	$	60.0
Cash Convertible Notes	3.750	%	1,933.4		1,828.3
2016 Senior Notes ^(a)	1.800	%	499.2		499.2
2016 Senior Notes ^(b)	1.350	%	499.8		499.7
2018 Senior Notes ^(c)	2.600	%	649.0		648.8
2018 Senior Notes ^(d)	6.000	%	808.6		811.4
2019 Senior Notes ^(a)	2.550	%	499.0		498.8
2020 Senior Notes ^(e)	7.875	%	1,010.9		1,012.0
2023 Senior Notes ^(a)	3.125	%	761.9		733.2
2023 Senior Notes ^(f)	4.200	%	498.2		498.1
2043 Senior Notes ^(f)	5.400	%	496.9		496.9
Other			0.1		0.1
			7,657.0		7,586.5
Less current portion			1,933.5		—
Total long-term debt			$	5,723.5	$	7,586.5

____________


^(a)	Instrument is callable by the Company at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at the U.S. Treasury rate plus 0.20% plus, in each case, accrued and unpaid interest.


^(b)	Instrument is callable by the Company at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at the U.S. Treasury rate plus 0.125% plus, in each case, accrued and unpaid interest.


^(c)	Instrument is callable by the Company at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at the U.S. Treasury rate plus 0.30% plus, in each case, accrued and unpaid interest.


^(d)	Instrument was called by the Company on October 16, 2014 at a redemption price of 103.000% of the principal amount.

^(e)

Instrument is callable by the Company at any time prior to July 15, 2015 at 100% of the principal amount plus the greater of 1% of the principal amount and the excess over the principal of the present value of 103.938% of the principal amount plus all scheduled interest payments from the call date through July 15, 2015 discounted at the U.S. Treasury Rate plus 0.50% plus accrued and unpaid interest. Instrument is callable by the Company at any time on or after July 15, 2015 at the redemption prices set forth in the Indenture dated May 19, 2010, plus accrued and unpaid interest.


^(f)	Instrument is callable by the Company at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at the U.S. Treasury rate plus 0.25% plus, in each case, accrued and unpaid interest.

Minimum Repayments on Outstanding Borrowings

Mandatory minimum repayments remaining on the outstanding borrowings under the Revolving Facility and notes at notional amounts at September 30, 2014 are as follows for each of the periods ending December 31:



(In millions)	Total
2014	$	—
2015	574
2016	1,000
2017	—
2018	1,450
Thereafter	3,250
Total	$	6,274

Cash Convertible Notes | Convertible Debt

Debt Instrument [Line Items]

Summary of Long-Term Debt

Below is the summary of the components of the Cash Convertible Notes:



(In millions)	September 30, 2014			December 31, 2013
Outstanding principal	$	574.0		$	574.0
Equity component carrying amount	1,387.9			1,303.3
Unamortized discount	(28.5		)	(49.0		)
Net debt carrying amount^(a)	$	1,933.4		$	1,828.3
Purchased call options ^(b)	$	1,387.9		$	1,303.3