|
Title of Each Class of Securities
to be Registered |
| |
Amount to be
Registered |
| |
Maximum
Offering Price Per Unit |
| |
Maximum
Aggregate Offering Price |
| |
Amount of
Registration Fee(1) |
| ||||||||||||
|
2.650% Senior Notes due 2031
|
| | | $ | 800,000,000 | | | | | | 99.730% | | | | | $ | 797,840,000 | | | | | $ | 73,959.77 | | |
|
3.375% Senior Notes due 2051
|
| | | $ | 400,000,000 | | | | | | 99.887% | | | | | $ | 399,548,000 | | | | | $ | 37,038.10 | | |
| | |
Public Offering
Price(1) |
| |
Underwriting
Discount |
| |
Proceeds
(before expenses)(1) |
| |||||||||
Per 2031 Note
|
| | | | 99.730% | | | | | | 0.650% | | | | | | 99.080% | | |
2031 Notes Total
|
| | | $ | 797,840,000 | | | | | $ | 5,200,000 | | | | | $ | 792,640,000 | | |
Per 2051 Note
|
| | | | 99.887% | | | | | | 0.875% | | | | | | 99.012% | | |
2051 Notes Total
|
| | | $ | 399,548,000 | | | | | $ | 3,500,000 | | | | | $ | 396,048,000 | | |
Total
|
| | | $ | 1,197,388,000 | | | | | $ | 8,700,000 | | | | | $ | 1,188,688,000 | | |
| | | | | S-ii | | | |
| | | | | S-iii | | | |
| | | | | S-vi | | | |
| | | | | S-1 | | | |
| | | | | S-6 | | | |
| | | | | S-10 | | | |
| | | | | S-11 | | | |
| | | | | S-12 | | | |
| | | | | S-15 | | | |
| | | | | S-26 | | | |
| | | | | S-29 | | | |
| | | | | S-33 | | | |
| | | | | S-39 | | | |
| | | | | S-39 | | |
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| | | | | 21 | | |
| | |
As of October 30, 2021
|
| |||||||||
| | |
Actual
|
| |
As Adjusted
|
| ||||||
| | |
(Dollars in millions)
|
| |||||||||
Cash and cash equivalents
|
| | | $ | 701.4 | | | | | $ | 842.6 | | |
Long-term debt (including current portion)(1) | | | | | | | | | | | | | |
Existing Senior Credit Facility
|
| | | | — | | | | | | — | | |
Existing 2023 Senior Notes
|
| | | | 1,000.0 | | | | | | — | | |
Existing 2025 Senior Notes
|
| | | | 1,000.0 | | | | | | 1,000.0 | | |
Existing 2028 Senior Notes
|
| | | | 1,250.0 | | | | | | 1,250.0 | | |
2031 Notes offered hereby
|
| | | | — | | | | | | 800.0 | | |
2051 Notes offered hereby
|
| | | | — | | | | | | 400.0 | | |
Total long-term debt
|
| | | | 3,250.0 | | | | | | 3,450.0 | | |
Total shareholders’ equity(2)
|
| | | | 7,244.4 | | | | | | 7,199.0 | | |
Total long-term debt and shareholders’ equity
|
| | | $ | 10,494.4 | | | | | $ | 10,649.0 | | |
Underwriters
|
| |
Principal
Amount of 2031 Notes |
| |
Principal
Amount of 2051 Notes |
| ||||||
BofA Securities, Inc.
|
| | | $ | 204,000,000 | | | | | $ | 102,000,000 | | |
J.P. Morgan Securities LLC
|
| | | | 204,000,000 | | | | | | 102,000,000 | | |
Fifth Third Securities, Inc.
|
| | | | 80,000,000 | | | | | | 40,000,000 | | |
RBC Capital Markets, LLC
|
| | | | 80,000,000 | | | | | | 40,000,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | | 80,000,000 | | | | | | 40,000,000 | | |
PNC Capital Markets LLC
|
| | | | 26,000,000 | | | | | | 13,000,000 | | |
Regions Securities LLC
|
| | | | 26,000,000 | | | | | | 13,000,000 | | |
Truist Securities, Inc.
|
| | | | 26,000,000 | | | | | | 13,000,000 | | |
Wells Fargo Securities, LLC
|
| | | | 26,000,000 | | | | | | 13,000,000 | | |
Citizens Capital Markets, Inc.
|
| | | | 12,000,000 | | | | | | 6,000,000 | | |
HSBC Securities (USA) Inc.
|
| | | | 12,000,000 | | | | | | 6,000,000 | | |
Huntington Securities, Inc.
|
| | | | 12,000,000 | | | | | | 6,000,000 | | |
TD Securities (USA) LLC
|
| | | | 12,000,000 | | | | | | 6,000,000 | | |
Total
|
| | | $ | 800,000,000 | | | | | $ | 400,000,000 | | |
Title of Notes
|
| |
% Commission
|
| |
Total
|
| |||
2031 Notes
|
| | | | 0.650% | | | | $5,200,000 | |
2051 Notes
|
| | | | 0.875% | | | | $3,500,000 | |
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| Fifth Third Securities | | |
RBC Capital Markets
|
| |
US Bancorp
|
|