DEBT AND INTEREST (Tables)

6 Months Ended

Jun. 30, 2016

DEBT AND INTEREST

Schedule of short-term debt obligations

	June 30		December 31
	2016		2015
(millions)
Short-term debt
Commercial paper		$ 273.4		$ 605.0
Notes payable		20.7		30.9
Long-term debt, current maturities		1,455.8		1,569.4
Total		$ 1,749.9		$ 2,205.3

Schedule of long-term debt obligations including current maturities

	Maturity	June 30		December 31
(millions)	by Year	2016		2015
Long-term debt
Description / 2016 Principal Amount
Term loan ($0)	2016		$     -		$ 125.0
Series B private placement senior notes (€175 million)	2016		194.7		184.9
Five year 2011 senior notes ($1.25 billion)	2016		1,249.0		1,247.3
Five year 2012 senior notes ($500 million)	2017		501.5		497.9
Three year 2015 senior notes ($300 million)	2018		300.5		297.8
Series A private placement senior notes ($250 million)	2018		252.4		248.6
Three year 2016 senior notes ($400 million)	2019		401.7		-
Five year 2015 senior notes ($300 million)	2020		298.4		298.1
Ten year 2011 senior notes ($1.25 billion)	2021		1,244.3		1,243.7
Series B private placement senior notes ($250 million)	2023		249.2		249.1
Seven year 2016 senior notes ($400 million)	2023		396.8		-
Ten year 2015 senior notes (€575 million)	2025		634.3		601.8
Thirty year 2011 senior notes ($750 million)	2041		738.5		738.3
Capital lease obligations			5.7		5.6
Other			85.8		91.5
Total debt			6,552.8		5,829.6
Long-term debt, current maturities			(1,455.8)		(1,569.4)
Total long-term debt			$ 5,097.0		$ 4,260.2

Schedule of interest expense and interest income

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2016		2015		2016		2015
Interest expense		$ 71.5		$ 63.5		$ 140.4		$ 128.7
Interest income		(6.2)		(2.3)		(9.0)		(5.0)
Interest expense, net		$ 65.3		$ 61.2		$ 131.4		$ 123.7