XML 76 R26.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Long-Term Debt |
Schedule of long-term debt |
|  |  |  | December 31, 2014 |  | December 31, 2013 |
|  | Maturity |  | Carrying Amount |  | Approximate Fair Value (1) |  | Carrying Amount |  | Approximate Fair Value (1) |
$1,500.0 Revolving Credit Facility |  | July 2018 |  | $ | — |  | $ | — |  | $ | 927.3 |  | $ | 927.3 |
$200.0 Credit Agreement |  | May 2015 |  | — |  | — |  | 100.0 |  | 100.0 |
$1,500 Commercial Paper Program (less unamortized discount of $0.4 at December 31, 2014) |  | July 2018 |  | 671.0 |  | 671.0 |  | — |  | — |
4.75% Senior Notes (less unamortized discount of $0.2 at December 31, 2013) |  | November 2014 |  | — |  | — |  | 599.8 |  | 621.0 |
4.00% Senior Notes (less unamortized discount of $0.9 and $1.0 at December 31, 2014 and 2013, respectively) |  | February 2022 |  | 499.1 |  | 524.5 |  | 499.0 |  | 491.0 |
2.55% Senior Notes (less unamortized discount of $0.9 at December 31, 2014) |  | January 2019 |  | 749.1 |  | 754.9 |  | — |  | — |
1.55% Senior Notes (less unamortized discount of $0.3 at December 31, 2014) |  | September 2017 |  | 374.7 |  | 373.0 |  | — |  | — |
3.125% Senior Notes (less unamortized discount of $0.3 at December 31, 2014) |  | September 2021 |  | 374.7 |  | 375.3 |  | — |  | — |
Notes payable to foreign banks and other debt |  | 2015-2019 |  | 5.3 |  | 5.3 |  | 6.7 |  | 6.7 |
|  |  |  | 2,673.9 |  | 2,704.0 |  | 2,132.8 |  | 2,146.0 |
Less current portion |  |  |  | 1.6 |  | 1.6 |  | 701.4 |  | 722.6 |
Total long-term debt |  |  |  | $ | 2,672.3 |  | $ | 2,702.4 |  | $ | 1,431.4 |  | $ | 1,423.4 |
| (1) |  | Fair values of Senior Notes are based on recent bid prices in an active market, therefore classified as Level 1 in the fair value hierarchy (Note 3).
Schedule of maturity of the Company's debt over each of the next five years and thereafter |
2015 |  | $ | 1.6 |
2016 |  | 0.6 |
2017 |  | 374.9 |
2018 |  | 672.7 |
2019 |  | 749.1 |
Thereafter |  | 875.0 |
|  | $ | 2,673.9 |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration