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Debt and Financing (Tables)
12 Months Ended
Dec. 31, 2015
Debt Instruments [Abstract]  
Long-term Debt
The following table summarizes the Company's short-term and long-term debt (in millions, except percentages):
 
As of December 31, 2015
 
Amount
 
Effective Interest
Rates
Senior notes:
 
 
 
3.10% fixed-rate notes, due March 2016
$
300.0

 
3.25
%
3.30% fixed-rate notes, due June 2020
300.0

 
3.47
%
4.60% fixed-rate notes, due March 2021
300.0

 
4.69
%
4.50% fixed-rate notes, due March 2024
350.0

 
4.63
%
4.35% fixed-rate notes, due June 2025
300.0

 
4.47
%
5.95% fixed-rate notes, due March 2041
400.0

 
6.03
%
Total senior notes
1,950.0

 
 
Unaccreted discount
(1.3
)
 
 
Total
$
1,948.7

 
 
 
 
 
 
Reported as:
 
 
 
Short-term debt
$
299.9

 
 
Long-term debt
1,648.8

 
 
Total
$
1,948.7