DEBT AND INTEREST (Tables)

12 Months Ended

Dec. 31, 2014

DEBT AND INTEREST

Schedule of short-term debt obligations

MILLIONS,	2014				2013
EXCEPT INTEREST RATES			AVERAGE				AVERAGE
			INTEREST				INTEREST
	PAYABLE		RATE		PAYABLE		RATE
Short-term debt
Commercial paper	$	887.8	0.46	%	$	304.8	0.34	%
Notes payable	62.1		9.65	%	50.9		9.43	%
Long-term debt, current maturities	755.5				505.3
Total	$	1,705.4			$	861.0

Schedule of long-term debt obligations

MILLIONS, EXCEPT INTEREST RATES

					2014							2013
					AVERAGE		EFFECTIVE					AVERAGE		EFFECTIVE
	MATURITY	CARRYING			INTEREST		INTEREST		CARRYING			INTEREST		INTEREST
	BY YEAR	VALUE			RATE		RATE		VALUE			RATE		RATE
Long-term debt
Description / 2014 Principal Amount
Three year 2011 senior notes ($0 million)	2014	—			—		—		$	499.9		2.38	%	2.40	%
Seven year 2008 senior notes ($250 million)	2015	$	250.0		4.88	%	4.99	%	249.7			4.88	%	4.99	%
Three year 2012 senior notes ($500 million)	2015	500.0			1.00	%	1.02	%	499.9			1.00	%	1.02	%
Series B private placement senior notes (€175 million)	2016	217.9			4.59	%	4.67	%	237.8			4.59	%	4.67	%
Five year 2011 senior notes ($1.25 billion)	2016	1,249.1			3.00	%	3.04	%	1,248.6			3.00	%	3.04	%
Term loan ($400 million)	2016	400.0			1.29	%	1.29	%	800.0			1.33	%	1.33	%
Five year 2012 senior notes ($500 million)	2017	497.6			1.45	%	0.93	%	499.7			1.45	%	1.47	%
Series A private placement senior notes ($250 million)	2018	250.0			3.69	%	5.15	%	250.0			3.69	%	5.15	%
Ten year 2011 senior notes ($1.25 billion)	2021	1,249.4			4.35	%	4.36	%	1,249.3			4.35	%	4.36	%
Series B private placement senior notes ($250 million)	2023	250.0			4.32	%	4.32	%	250.0			4.32	%	4.32	%
Thirty year 2011 senior notes ($750 million)	2041	743.1			5.50	%	5.53	%	742.8			5.50	%	5.53	%
Capital lease obligations		9.3							12.7
Other		3.1							8.4
Total debt		5,619.5							6,548.8
Long-term debt, current maturities		(755.5		)					(505.3		)
Total long-term debt		$	4,864.0						$	6,043.5

Schedule of aggregate annual maturities of long-term debt

As of December 31, 2014, the aggregate annual maturities of long-term debt for the next five years were:

MILLIONS
2015	$	756
2016	1,869
2017	499
2018	250
2019	1

Schedule of interest expense and interest income

MILLIONS	2014			2013			2012
Interest expense	$	268.0		$	272.8		$	285.6
Interest income	(11.4		)	(10.5		)	(8.9		)
Interest expense, net	$	256.6		$	262.3		$	276.7