Rendering

Component: (Network and Table)
Network
2308301 - Disclosure - Long-Term Debt And Notes Payable (Tables)
(http://www.craneco.com/role/LongTermDebtAndNotesPayableTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Debt Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Debt Disclosure [Abstract]
 
Components of Debt
The following table summarizes the Company’s debt as of December 31, 2016 and 2015:
(in millions)
December 31,
2016
 
December 31,
2015
Long-term debt consists of:
 
 
 
2.75% notes due December 2018
 
 
 
Principal amount
$
250.0

 
$
250.0

Less debt issuance costs (See Note 1)
(0.8
)
 
(1.2
)
Carrying Value
$
249.2

 
$
248.8

 
 
 
 
4.45% notes due December 2023
 
 
 
Principal amount
$
300.0

 
$
300.0

Less debt issuance costs (See Note 1)
(1.9
)
 
(2.1
)
Carrying Value
$
298.1

 
$
297.9

 
 
 
 
6.55% notes due November 2036
 
 
 
Principal Amount
$
200.0

 
$
200.0

Less unamortized discount
(0.7
)
 
(0.7
)
Less debt issuance costs (See Note 1)
(1.3
)
 
(1.4
)
Carrying Value
$
198.0

 
$
197.9

 
 
 
 
Total long-term debt
$
745.3

 
$
744.6

 
 
 
 
Short-term borrowings consists of:
 
 
 
Commercial paper
$

 
$
49.0

Other

 
0.6

Total short-term borrowings
$

 
$
49.6


 
 
Capitalization of Long-Term Debt
(in millions)
December 31, 2016
Long-term debt
$
745.3

Total indebtedness
$
745.3

Total shareholders’ equity
1,133.8

Capitalization
$
1,879.1

Total indebtedness to capitalization
40
%