XML 50 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt [Abstract]  
Available and Unused Credit Lines
Available and unused credit lines at December 31, 2016 and 2015 were (in millions):
 
2016
 
2015
Credit Facility
$
2,500.0

 
$
2,500.0

Uncommitted credit lines
1,132.0

 
1,157.7

Available and unused credit lines
$
3,632.0

 
$
3,657.7

Long-Term Debt
Long-term debt at December 31, 2016 and 2015 was (in millions):
 
2016
 
2015
5.9% Senior Notes due 2016
$

 
$
1,000.0

6.25% Senior Notes due 2019
500.0

 
500.0

4.45% Senior Notes due 2020
1,000.0

 
1,000.0

3.625% Senior Notes due 2022
1,250.0

 
1,250.0

3.65% Senior Notes due 2024
750.0

 
750.0

3.60% Senior Notes due 2026
1,400.0

 

Other debt
0.1

 
0.3

 
4,900.1

 
4,500.3

Unamortized premium (discount), net
7.6

 
10.1

Unamortized debt issuance costs
(24.2
)
 
(16.9
)
Unamortized deferred gain from settlement of interest rate swaps
84.7

 
49.9

Fair value adjustment attributed to interest rate swaps
(47.6
)
 
22.2

 
4,920.6

 
4,565.6

Current portion
(0.1
)
 
(1,001.4
)
Long-term debt
$
4,920.5

 
$
3,564.2

Contractual Maturities of Long-Term Debt
The contractual maturities of our long-term debt at December 31, 2016 are (in millions):
2017
$
0.1

2018

2019
500.0

2020
1,000.0

2021

Thereafter
3,400.0

 
$
4,900.1

Components of Interest Expense
Interest expense for the three years ended December 31, 2016 is composed of (in millions):
 
2016
 
2015
 
2014
Long-term debt
$
205.5

 
$
210.2

 
$
192.7

Interest rate swaps
(13.1
)
 
(44.1
)
 
(30.5
)
Amortization of deferred gain on interest rate swaps
(15.4
)
 
(9.2
)
 
(7.2
)
Commercial paper
6.8

 
4.8

 
2.9

Fees
5.6

 
5.7

 
6.2

Other
20.3

 
13.7

 
13.1

 
$
209.7

 
$
181.1

 
$
177.2