DEBT AND INTEREST (Tables)

6 Months Ended

Jun. 30, 2017

DEBT AND INTEREST

Schedule of short-term debt obligations

	June 30		December 31
(millions)	2017		2016
Short-term debt
Commercial paper		$ 918.0		$ -
Notes payable		41.8		29.9
Long-term debt, current maturities		810.8		511.4
Total		$ 1,770.6		$ 541.3

Schedule of long-term debt obligations including current maturities

	Maturity	June 30		December 31
(millions)	by Year	2017		2016
Long-term debt
Public notes (2017 principal amount)
Five year 2012 senior notes ($500 million)	2017		$ 499.1		$ 498.9
Three year 2015 senior notes ($300 million)	2018		299.1		298.9
Three year 2016 senior notes ($400 million)	2019		396.4		395.9
Five year 2015 senior notes ($300 million)	2020		298.8		298.6
Ten year 2011 senior notes ($1.25 billion)	2021		1,245.3		1,244.8
Seven year 2016 senior notes ($400 million)	2023		397.3		397.0
Seven year 2016 senior notes (€575 million)	2024		637.6		608.4
Ten year 2015 senior notes (€575 million)	2025		640.7		604.3
Ten year 2016 senior notes ($750 million)	2026		742.5		742.1
Thirty year 2011 senior notes ($750 million)	2041		739.0		738.7
Thirty year 2016 senior notes ($250 million)	2046		245.9		245.9
Private notes (2017 principal amount)
Series A private placement senior notes ($250 million)	2018		248.9		248.9
Series B private placement senior notes ($250 million)	2023		249.3		249.2
Capital lease obligations			5.1		5.2
Other			75.1		80.3
Total debt			6,720.1		6,657.1
Long-term debt, current maturities			(810.8)		(511.4)
Total long-term debt			$ 5,909.3		$ 6,145.7

Schedule of interest expense and interest income

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2017		2016		2017		2016
Interest expense		$ 63.7		$ 71.5		$ 130.3		$ 140.4
Interest income		(4.1)		(6.2)		(8.2)		(9.0)
Interest expense, net		$ 59.6		$ 65.3		$ 122.1		$ 131.4