Borrowings (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consisted of the following:

	March 31, 2019		December 31, 2018
Short-term
Current portion of long-term debt and short-term borrowings	$	1,355	$	—
Commercial paper	344,900		220,318
Notes payable and current maturities of long-term debt	$	346,255	$	220,318

Schedule of Long-term Debt Instruments

			Carrying amount (1)
	Principal		March 31, 2019		December 31, 2018
Long-term
2.125% 7-year notes due December 1, 2020 (euro-denominated)	€	300,000	338,583		339,657
4.30% 10-year notes due March 1, 2021	$	450,000	449,293		449,200
3.150% 10-year notes due November 15, 2025	$	400,000	395,537		395,368
1.25% 10-year notes due November 9, 2026 (euro-denominated)	€	600,000	670,021		672,103
6.65% 30-year debentures due June 1, 2028	$	200,000	199,080		199,054
5.375% 30-year debentures due October 15, 2035	$	300,000	295,873		295,811
6.60% 30-year notes due March 15, 2038	$	250,000	247,855		247,827
5.375% 30-year notes due March 1, 2041	$	350,000	343,946		343,877
Other			779		763
Total long-term debt			2,940,967		2,943,660
Less long-term debt current portion			—		—
Net long-term debt			$	2,940,967	$	2,943,660

⁽¹⁾ Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were

$15.4 million and $15.8 million as of March 31, 2019 and December 31, 2018, respectively. Total deferred debt issuance costs were $12.6 million and $13.0 million as of March 31, 2019 and December 31, 2018, respectively.