Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Instruments [Abstract]

Long-Term debt

Long-term debt consisted of the following:

(In millions)	September 30, 2015			December 31, 2014
Revolving credit facility	$	—		$	—
Commercial paper (1)	461.1			469.1
2.00% Notes due 2017	299.0			298.6
3.45% Notes due 2022	497.4			497.2
Term loan	14.8			22.9
Capital leases	6.3			9.7
Total long-term debt	1,278.6			1,297.5
Less: current portion	(17.4		)	(3.8		)
Long-term debt, less current portion	$	1,261.2		$	1,293.7

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⁽¹⁾  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 condensed consolidated balance sheets at September 30, 2015 and December 31, 2014. As of September 30, 2015, our commercial paper borrowings had a weighted average interest rate of 0.55%.