Rendering

Component: (Network and Table)
Network
2309301 - Disclosure - Debt (Tables)
(http://www.cmegroup.com/role/DebtTables)
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]
 
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

 _______________
(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%
 
 
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