XML 75 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Tables)
 12 Months Ended
Dec. 31, 2014
Debt Instruments [Abstract]  
Schedule of short-term debt and current portion of long-term debt
Short-term debt and current portion of long-term debt consisted of the following: 
 
December 31,
(In millions)
2014
 
2013
Property financing
$
3.8

 
$
10.5

Foreign uncommitted credit facilities
7.9

 
31.9

Other
—

 
0.1

Total short-term debt and current portion of long-term debt
$
11.7

 
$
42.5
Long-term debt
Long-term debt consisted of the following: 
 
December 31,
(In millions)
2014
 
2013
Revolving credit facility
$
—

 
$
—

Commercial paper (1)
469.1

 
501.4

2.00% Notes due 2017
299.6

 
299.5

3.45% Notes due 2022
499.7

 
499.6

Term loan
22.9

 
25.9

Property financing
9.7

 
13.9

Total long-term debt
1,301.0

 
1,340.3

Less: current portion
(3.8
)
 
(10.5
)
Long-term debt, less current portion
$
1,297.2

 
$
1,329.8


_______________________
(1)
At December 31, 2014 and 2013, committed credit available under our revolving credit facility provided the ability to refinance our commercial paper obligations on a long-term basis. As we have both the ability and intent to refinance these obligations on a long-term basis, our commercial paper borrowings were classified as long-term in the consolidated balance sheets at December 31, 2014 and 2013.