Financing and Capital (Tables)

6 Months Ended

Jun. 28, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The details of our Commercial Paper Programs as of June 28, 2019 are as follows ($ in millions):

	Carrying value		Annual effective rate		Weighted average remaining maturity (in days)
U.S. dollar-denominated commercial paper	$	1,283.0	2.71	%	22
Euro-denominated commercial paper	$	267.9	(0.10	)%	71

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

	June 28, 2019		December 31, 2018
U.S. dollar-denominated commercial paper	$	1,283.0	$	390.1
Euro-denominated commercial paper	267.9		270.1
Delayed-draw term loan due 2019	—		400.0
Delayed-draw term loan due 2020	1,000.0		—
Yen variable interest rate term loan due 2022	127.9		125.7
1.80% senior unsecured notes due 2019	—		55.6
2.35% senior unsecured notes due 2021	747.6		747.0
3.15% senior unsecured notes due 2026	892.5		891.9
4.30% senior unsecured notes due 2046	546.9		546.9
0.875% senior convertible notes due 2022	1,327.0		—
Other	3.7		3.0
Long-term debt	6,196.5		3,430.3
Less: current portion of long-term debt	1,000.0		455.6
Long-term debt, net of current maturities	$	5,196.5	$	2,974.7