DEBT Debt (Notes)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Debt [Text Block]

NOTE 13

DEBT

	September 30, 2017			December 31, 2016
Commercial paper		$	130.9		$	113.5
Short-term loans		59.1			100.0
Current maturities of long-term debt and capital leases		1.1			0.8
Short-term loans and current maturities of long-term debt		191.1			214.3
Long-term debt and capital leases		5.6			2.0
Total debt and capital leases		$	196.7		$	216.3

Commercial Paper

Commercial paper outstanding had an associated weighted average interest rate of 1.61% and 1.14% and maturity terms less than one month from the date of issuance as of September 30, 2017 and December 31, 2016, respectively.

Short-term Loans

Short-term loans consist of outstanding borrowings under our $500 Revolving Credit Agreement. Outstanding borrowings were denominated in Euros with an associated weighted average interest rate of 1.1% as of September 30, 2017 and were denominated in U.S. dollars with an associated weighted average interest rate of 1.87% as of December 31, 2016. Refer to the Liquidity section within "Item 2. Management's Discussion and Analysis," for additional information on the revolving credit facility as well as our overall funding and liquidity strategy.