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)
| Reporting Entity [Axis] | 0000025445 (http://www.sec.gov/CIK) |
| 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 | % |
|