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Debt (Tables) | 12 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
Summary of Outstanding Debt | The following is a summary of outstanding debt as of December 31, (in millions):
|  | 2017 |  |  | 2016 |
2.05% senior notes due 2017 |  | $ | — |  |  | $ | 349.4 |
6.25% senior notes due 2018 |  |  | — |  |  |  | 249.8 |
2.15% senior notes due 2018 |  |  | 299.5 |  |  |  | 298.9 |
2.60% senior notes due 2019 |  |  | 266.7 |  |  |  | 995.0 |
2.875% senior notes due 2019 |  |  | 348.6 |  |  |  | 347.9 |
4.70% senior notes due 2020 |  |  | 304.3 |  |  |  | 380.0 |
3.15% senior notes due 2021 |  |  | 993.6 |  |  |  | 991.7 |
3.75% senior notes due 2021 |  |  | 373.2 |  |  |  | 326.9 |
4.00% senior notes due 2022 |  |  | 248.8 |  |  |  | 248.5 |
3.85% senior notes due 2023 |  |  | 1,738.8 |  |  |  | 1,737.0 |
5.00% senior notes due 2023 |  |  | 312.1 |  |  |  | 314.1 |
4.00% senior notes due 2024 |  |  | 495.8 |  |  |  | 495.2 |
3.90% senior notes due 2025 |  |  | 297.2 |  |  |  | 296.8 |
4.20% senior notes due 2026 |  |  | 1,982.7 |  |  |  | 1,981.0 |
5.375% senior notes due 2036 |  |  | 495.0 |  |  |  | 494.7 |
5.50% senior notes due 2046 |  |  | 1,726.0 |  |  |  | 1,725.7 |
Term loan (1) |  |  | 299.8 |  |  |  | 399.5 |
Commercial paper |  |  | — |  |  |  | — |
Receivables facility |  |  | 298.3 |  |  |  | 187.4 |
Other debt |  |  | 72.0 |  |  |  | 73.3 |
Total debt |  |  | 10,552.4 |  |  |  | 11,892.8 |
Short-term debt and current portion of long-term debt |  |  | (662.8 | ) |  |  | (601.9 | )
Long-term debt |  | $ | 9,889.6 |  |  | $ | 11,290.9 |
(1) At December 31, 2017, the interest rate on the term loan, which matures in April 2019, was approximately 3.1%
Schedule of Maturities of Long-term Debt | The Company’s debt maturities for the five years following December 31, 2017 and thereafter are as follows (in millions):
2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | Thereafter |  | Total
$671.9 |  | $919.2 |  | $306.8 |  | $1,362.0 |  | $251.2 |  | $7,103.7 |  | $10,614.8
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):
|  | December 31, 2017 |  |  | December 31, 2016 |
|  | Fair Value |  |  | Book Value |  |  | Fair Value |  |  | Book Value |
Senior notes |  | $ | 10,688.5 |  |  | $ | 9,882.3 |  |  | $ | 11,979.2 |  |  | $ | 11,234.1 |

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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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- 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
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