Financing and Capital (Tables)

9 Months Ended

Sep. 28, 2018

Debt Disclosure [Abstract]

Schedule of Debt

The details of our Commercial Paper Programs as of September 28, 2018 are as follows ($ in millions):

	Carrying value		Annual effective rate		Weighted average remaining maturity (in days)
U.S. dollar-denominated commercial paper	$	594.6	2.38	%	11
Euro-denominated commercial paper	$	273.3	(0.10	)%	87

The carrying value of the components of our long-term debt were as follows ($ in millions):

	September 28, 2018		December 31, 2017
U.S. dollar-denominated commercial paper	$	594.6	$	665.1
Euro-denominated commercial paper	273.3		282.7
U.S. dollar variable interest rate term loan due 2019	175.0		500.0
Delayed-draw term loan due 2019	1,350.0		—
Yen variable interest rate term loan due 2022	121.3		122.4
1.80% senior unsecured notes due 2019	299.5		298.9
2.35% senior unsecured notes due 2021	746.7		745.9
3.15% senior unsecured notes due 2026	891.8		891.0
4.30% senior unsecured notes due 2046	546.9		546.8
Other	3.4		3.4
Long-term debt	5,002.5		4,056.2
Less: current portion of long-term debt	1,824.5		—
Long-term debt, net of current maturities	$	3,178.0	$	4,056.2