Rendering
Component: (Network and Table) |
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Network | 2309301 - Disclosure - Debt (Tables) (http://www.cmegroup.com/role/DebtTables) |
Table | (Implied) |
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis] | 0001156375 (http://www.sec.gov/CIK) |
Debt Disclosure [Abstract] | Period [Axis] |
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2016-01-01 - 2016-12-31 |
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Debt Disclosure [Abstract] | |
Schedule of Long-term Debt | Long-term debt consisted of the following at December 31: | | | | | | | | | | (in millions) | | 2016 | | 2015 | $750.0 million fixed rate notes due September 2022, stated rate of 3.00% (1) | | $ | 745.2 |
| | $ | 744.4 |
| $750.0 million fixed rate notes due March 2025, stated rate of 3.00% (2) | | 744.2 |
| | 743.4 |
| $750.0 million fixed rate notes due September 2043, stated rate of 5.30% (3) | | 741.8 |
| | 741.5 |
| Total long-term debt | | $ | 2,231.2 |
| | $ | 2,229.3 |
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_______________ | | (1) | In August 2012, the company entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 3.32%. |
| | (2) | In December 2014, the company entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 3.11%. |
| | (3) | In August 2012, the company entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 4.73% |
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Long-term debt maturities at par value | Long-term debt maturities, at par value, were as follows as of December 31, 2016: | | | | | (in millions) | Par Value | 2017 | $ | — |
| 2018 | — |
| 2019 | — |
| 2020 | — |
| 2021 | — |
| Thereafter | 2,250.0 |
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