CORPORATE BORROWINGS - Senior Unsecured Convertible Notes (Details) - USD ($) $ in Millions |
3 Months Ended | |||
|---|---|---|---|---|
Mar. 31, 2020 |
Mar. 31, 2019 |
Dec. 31, 2019 |
Sep. 14, 2018 |
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| CORPORATE BORROWINGS | ||||
| Discount | $ (66.8) | $ (69.1) | ||
| Debt issuance costs | (84.5) | (88.8) | ||
| Derivative liability | 0.5 | |||
| Amortization of net discount on corporate borrowings | 3.1 | $ 2.2 | ||
| Amortization of debt issuance costs | 4.1 | 4.4 | ||
| 2.95% Senior Unsecured Convertible Notes due 2024 | ||||
| CORPORATE BORROWINGS | ||||
| Principal balance | 600.0 | 600.0 | $ 600.0 | |
| Discount | (70.3) | (73.7) | ||
| Debt issuance costs | (10.8) | (11.2) | (13.6) | |
| Derivative liability | 0.5 | $ 90.4 | ||
| Amortization of net discount on corporate borrowings | 3.4 | |||
| Amortization of debt issuance costs | 0.4 | |||
| Change fair value of derivative | (0.5) | $ (13.3) | ||
| Carrying value | 518.9 | $ 515.6 | ||
| Increase to Expense (Income) | $ 3.3 | |||
| X | ||||||||||
- Definition Carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. No definition available.
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- Definition Amount of adjustments to the carrying value of convertible debt during the period. No definition available.
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount of long-term convertible debt as of the balance sheet date, net of the amount due in the next twelve months or greater than the normal operating cycle, if longer. The debt is convertible into another form of financial instrument, typically the entity's common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount, after accumulated amortization, of debt discount (premium). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset), measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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