Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Long-Term Debt

A summary of long-term debt is as follows:

(In millions)	Interest Rate as of September 30, 2018		September 30, 2018			December 31, 2017
Current portion of long-term debt:
2018 Senior Notes *	2.600	%	$	—		$	649.9
2018 Floating Rate Euro Notes (a) **			580.2			600.2
2018 Senior Notes **	3.000	%	—			499.8
2019 Senior Notes **	2.500	%	549.9			—
Other			6.3			2.4
Deferred financing fees			(0.8		)	(3.1		)
Current portion of long-term debt			$	1,135.6		$	1,749.2
Non-current portion of long-term debt:
2016 Term Facility (b)**	3.617	%	100.0			100.0
2019 Senior Notes **	2.500	%	—			999.5
2019 Senior Notes *	2.550	%	—			499.7
2020 Floating Rate Euro Notes (c) **			580.2			600.2
2020 Euro Senior Notes **	1.250	%	868.4			897.6
2020 Senior Notes **	3.750	%	499.9			499.9
2021 Senior Notes **	3.150	%	2,248.5			2,248.2
2023 Senior Notes *	3.125	%	738.2			765.4
2023 Senior Notes *	4.200	%	498.9			498.8
2024 Euro Senior Notes **	2.250	%	1,158.1			1,197.7
2025 Euro Senior Notes *	2.125	%	578.9			—
2026 Senior Notes **	3.950	%	2,236.1			2,235.0
2028 Euro Senior Notes **	3.125	%	862.7			892.0
2028 Senior Notes *	4.550	%	748.2			—
2043 Senior Notes *	5.400	%	497.1			497.1
2046 Senior Notes **	5.250	%	999.8			999.8
2048 Senior Notes *	5.200	%	747.6			—
Other			5.9			6.3
Deferred financing fees			(77.1		)	(71.9		)
Long-term debt			$	13,291.4		$	12,865.3

____________

^(a)  Instrument bears interest at a rate of three-month EURIBOR plus 0.870% per annum, reset quarterly.

^(b)  The 2016 Term Facility bears interest at LIBOR plus a base rate, which margins can fluctuate based on the Company’s credit ratings.

^(c)  Instrument bears interest at a rate of three-month EURIBOR plus 0.50% per annum, reset quarterly.

^* Instrument was issued by Mylan Inc.

^**   Instrument was issued by Mylan N.V.

Minimum Repayments on Outstanding Borrowings

Mandatory minimum repayments remaining on the notional amount of outstanding long-term debt at September 30, 2018 were as follows for each of the periods ending December 31:

(In millions)	Total
2018	$	580
2019	650
2020	1,951
2021	2,250
2022	—
Thereafter	9,111
Total	$	14,542