XML 48 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Summary of Debt

Debt comprised of the following as of the dates indicated (in millions):

 

     June 30,
2017
     December 31,
2016
 

2.05% senior notes due 2017

   $ 349.7      $ 349.4  

6.25% senior notes due 2018

     —          249.8  

2.15% senior notes due 2018

     299.2        298.9  

2.60% senior notes due 2019

     266.4        995.0  

2.875% senior notes due 2019

     348.3        347.9  

4.70% senior notes due 2020

     304.2        380.0  

3.15% senior notes due 2021

     992.6        991.7  

3.75% senior notes due 2021

     356.9        326.9  

4.00% senior notes due 2022

     248.6        248.5  

3.85% senior notes due 2023

     1,737.9        1,737.0  

5.00% senior notes due 2023

     313.1        314.1  

4.00% senior notes due 2024

     495.5        495.2  

3.90% senior notes due 2025

     297.0        296.8  

4.20% senior notes due 2026

     1,981.8        1,981.0  

5.375% senior notes due 2036

     494.8        494.7  

5.50% senior notes due 2046

     1,725.8        1,725.7  

Term loan

     299.7        399.5  

Commercial paper

     92.0        —    

Receivables facilities

     728.4        187.4  

Other debt

     61.9        73.3  
  

 

 

    

 

 

 

Total debt

     11,393.8        11,892.8  

Short-term debt and current portion of long-term debt

     (1,221.0      (601.9
  

 

 

    

 

 

 

Long-term debt

   $ 10,172.8      $ 11,290.9  
  

 

 

    

 

 

 
Schedule of Fair Value of Senior Notes

The fair values of the Company’s senior notes are based on quoted market prices and are as follows (in millions):

 

     June 30, 2017      December 31,2016  
     Fair Value      Book Value      Fair Value      Book Value  

Senior notes

   $ 11,114.9      $ 10,211.8      $ 11,979.2      $ 11,234.1