XML 48 R36.htm IDEA: XBRL DOCUMENT v3.19.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Summary of Debt
Debt comprised of the following as of the dates indicated (in millions):
 
June 30,
2019
 
December 31,
2018
2.60% senior notes due 2019
$
—

 
$
267.3

4.70% senior notes due 2020
304.7

 
304.6

3.15% senior notes due 2021
93.5

 
97.5

3.75% senior notes due 2021
348.5

 
353.2

4.00% senior notes due 2022
249.2

 
249.0

3.85% senior notes due 2023
1,741.8

 
1,740.8

5.00% senior notes due 2023
309.0

 
310.0

4.00% senior notes due 2024
496.7

 
496.4

3.90% senior notes due 2025
90.4

 
90.3

4.20% senior notes due 2026
1,985.4

 
1,984.5

5.375% senior notes due 2036
416.0

 
415.8

5.50% senior notes due 2046
657.2

 
657.2

Other debt
58.8

 
48.4

Total debt
6,751.2

 
7,015.0

Short-term debt and current portion of long-term debt
(43.4
)
 
(318.7
)
Long-term debt
$
6,707.8

 
$
6,696.3
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, 2019
 
December 31, 2018
 
Fair Value
 
Book Value
 
Fair Value
 
Book Value
Senior notes
$
6,762.5

 
$
6,692.4

 
$
6,911.2

 
$
6,966.6