Voya 2013 Annual Report Download - page 343

ING U.S., Inc.
Notes to the Consolidated Financial Statements
(Dollar amounts in millions, unless otherwise stated)
Long-term Debt
The following table summarizes the carrying value of the Company’s long-term debt securities issued and
outstanding as of December 31, 2013 and 2012:
Maturity 2013 2012
2.21% Syndicated Bank Term Loan, due 2014 ........... 04/20/2014 $ — $1,350.0
6.75% Lion Connecticut Holdings Inc. debentures, due
2013(1) ........................................ 09/15/2013 — 138.3
7.25% Lion Connecticut Holdings Inc. debentures, due
2023(1) ........................................ 08/15/2023 158.6 158.1
7.63% Lion Connecticut Holdings Inc. debentures, due
2026(1) ........................................ 08/15/2026 232.1 231.9
8.42% Equitable of Iowa Companies Capital Trust II Notes,
due 2027 ....................................... 04/01/2027 13.8 13.9
6.97% Lion Connecticut Holdings Inc. debentures, due
2036(1) ........................................ 08/15/2036 108.6 108.6
2.54% Lion Connecticut Holdings Inc. Floating Rate Note,
due 2016 ....................................... 04/29/2016 — 500.0
1.00% Windsor Property Loan ....................... 06/14/2027 4.9 4.9
0.96% Surplus Floating Rate Note .................... 12/31/2037 — 359.3
0.93% Surplus Floating Rate Note .................... 06/30/2037 — 329.1
5.5% Senior Notes, due 2022 ......................... 07/15/2022 849.6 849.6
2.9% Senior Notes, due 2018 ......................... 02/15/2018 998.5 —
5.65% Fixed-to-Floating Rate Junior Subordinated Notes,
due 2053 ....................................... 05/15/2053 750.0 —
5.7% Senior Notes, due 2043 ......................... 07/15/2043 398.6 —
Subtotal ......................................... 3,514.7 4,043.7
Less: Current portion of long-term debt ................ — 872.6
Total ............................................ $3,514.7 $3,171.1
(1) Guaranteed by ING Group.
As of December 31, 2013 and 2012, the Company was in compliance with all debt covenants.
Unsecured senior debt which consists of senior notes, fixed rate notes and other notes with varying interest rates,
rank highest in priority, followed by subordinated debt which consists of junior subordinated debt securities.
Aggregate amounts of future principal payments of long-term debt for the next five years and thereafter are as
follows:
2014 ............................................. $ —
2015 ............................................. —
2016 ............................................. —
2017 ............................................. —
2018 ............................................. 1,000.0
Thereafter ........................................ 2,524.0
Total ............................................ $3,524.0
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