2. Progressive Corporation (a property and casualty insurance company) reported the following in its 2013 annu al report 2013 2012 Carrying Fair Carrying Fair Value (in millions) Value Value Value 7% Notes due 2013 (issued: $150.0, October 1993) 0.0 0.0 149.9 157.1 3.75% Senior Notes due 2021 (issued $500.0, August 2011) 497.6 509.1 497.3 549.1 6 58% Senior Notes due 2029 (issued $300.0, March 1999) 295.3 359.6 295.2 385.0 6.25% Senior Notes due 2032 (issued $400.0, November 2002) 473.7 394.6 394.5 513.5 6.70% Fixed-to-Floating Rate Junior Subordinated Debentures due 2067 (issued: $1,000.0, June 2007, outstanding $677.1 and $731.2) 673.4 731.3 726.2 789.7 $1,860.9 $2,073.7 $2,063.1 $2,394.4 n March 2013, we entered into an unsecured, discretionary line of credit (the "Line of Credit") with PNC Bank, National Association ("PNC") in the maximum principal amount of $100 million Subject to the terms and conditions of the Line of Credit documents, advances under the Line of Credit (if any) will bear interest at a variable rate equal to the higher of PNC's Prime Rate and the sum of the Federal Funds Open Rate plus 50 basis points. Each advance must be repaid on the 30th date after the advance or, if earler, on March 25, 2014, the expiration date of the Line of Credit Prepayments are permitted without penalty. All advances under the Line of Credit are subject to PNC's discretion. We had no borrowings under the Line of Credit in 2013 Aggregate principal payments on debt outstanding at December 31, 2013, is as follows (millions) Year Payments 2014 0.0 2015 0.0 2016 0.0 2017 0.0 2018 0.0 Thereafter 1,877.1 Total 1,877.1 Required f Progressive were to repurchase all of its bonds on January 1, 2014, how would the income statement be affected? g. How much does the company owe under the line of credit with PNC Bank at year end? Why does Progressive discuss this in its debt footnote? h. What does the footnote reveal about timing of debt due in 2014 and thereafter