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Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Debt Instruments

Our debt consisted of the following (in millions):

 

 

 

As of December 31,

 

 

 

2018

 

 

2017

 

Current portion of long-term debt

 

 

 

 

 

 

 

 

2.000% Senior Notes due 2018

 

$

-

 

 

$

1,150.0

 

4.625% Senior Notes due 2019

 

 

500.0

 

 

 

-

 

U.S. Term Loan B

 

 

25.0

 

 

 

75.0

 

Total short-term debt

 

$

525.0

 

 

$

1,225.0

 

Long-term debt

 

 

 

 

 

 

 

 

4.625% Senior Notes due 2019

 

$

-

 

 

$

500.0

 

2.700% Senior Notes due 2020

 

 

1,500.0

 

 

 

1,500.0

 

Floating Rate Notes due 2021

 

 

450.0

 

 

 

-

 

3.375% Senior Notes due 2021

 

 

300.0

 

 

 

300.0

 

3.150% Senior Notes due 2022

 

 

750.0

 

 

 

750.0

 

3.700% Senior Notes due 2023

 

 

300.0

 

 

 

-

 

3.550% Senior Notes due 2025

 

 

2,000.0

 

 

 

2,000.0

 

4.250% Senior Notes due 2035

 

 

253.4

 

 

 

253.4

 

5.750% Senior Notes due 2039

 

 

317.8

 

 

 

317.8

 

4.450% Senior Notes due 2045

 

 

395.4

 

 

 

395.4

 

1.414% Euro Notes due 2022

 

 

571.6

 

 

 

600.4

 

2.425% Euro Notes due 2026

 

 

571.6

 

 

 

600.4

 

U.S. Term Loan A

 

 

-

 

 

 

835.0

 

U.S. Term Loan B

 

 

200.0

 

 

 

600.0

 

U.S. Term Loan C

 

 

535.0

 

 

 

-

 

Japan Term Loan A

 

 

105.3

 

 

 

103.2

 

Japan Term Loan B

 

 

191.7

 

 

 

187.9

 

Other long-term debt

 

 

-

 

 

 

4.1

 

Debt discount and issuance costs

 

 

(42.7

)

 

 

(53.2

)

Adjustment related to interest rate swaps

 

 

14.6

 

 

 

23.1

 

Total long-term debt

 

$

8,413.7

 

 

$

8,917.5