Debt (Tables)

12 Months Ended

Dec. 31, 2019

The table below summarizes the carrying value of the Company's outstanding debt, net of capitalized debt issuance costs:



	Due Date	2019		2018		2017
3.45% Senior Notes ⁽¹⁾	2027	$	1,486.8	$	1,485.0	$	1,483.2
4.50% Senior Notes ⁽¹⁾	2047	1,230.1		1,229.4		1,228.6
2.95% Senior Notes	2029	790.7
2.75% Senior Notes⁽¹⁾	2022	757.1		1,242.9		1,240.8
3.80% Senior Notes	2049	542.5
3.125% Senior Notes⁽¹⁾	2024	497.0		496.3		495.6
2.25% Senior Notes ⁽¹⁾	2020	428.6		1,496.0		1,493.1
4.20% Senior Notes ⁽²⁾	2022	411.3		416.8		422.4
3.45% Senior Notes	2025	398.0		397.6		397.3
4.55% Senior Notes	2045	394.3		394.1		393.9
3.95% Senior Notes ⁽²⁾	2026	359.3		360.8		362.4
4.00% Senior Notes	2042	296.4		296.3		296.1
Floating Rate Loan	2021	251.9		257.4		269.2
3.30% Senior Notes ⁽²⁾	2025	249.4		249.3		249.2
4.40% Senior Notes ⁽²⁾	2045	239.2		238.7		238.3
7.375% Debentures	2027	119.1		119.0		119.0
0.92% Fixed Rate Loan	2021	22.4		22.9		23.9
7.45% Debentures	2097	3.5		3.5		3.5
0.53% to 8.00% Promissory Notes	Through 2027	2.9		3.3		3.7
7.25% Senior Notes ⁽²⁾	2019			306.0		319.4
Term Loan	2022					847.3
Total⁽³⁾		8,480.5		9,015.3		9,886.9
Less amounts due within one year		429.8		307.2		1.2
Long-term debt		$	8,050.7	$	8,708.1	$	9,885.7


⁽¹⁾	Senior notes issued in 2017 to fund the acquisition of Valspar.


⁽²⁾	Senior notes acquired in 2017 through the acquisition of Valspar.

⁽³⁾

Net of capitalized debt issuance costs of $50.6 million, $49.1 million and $57.9 million at December 31, 2019, 2018 and 2017, respectively.

- 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

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+ Details