DEBT AND INTEREST (Tables)

9 Months Ended

Sep. 30, 2017

DEBT AND INTEREST

Schedule of short-term debt obligations

	September 30		December 31
(millions)	2017		2016
Short-term debt
Commercial paper		$238.0		$-
Notes payable		24.2		29.9
Long-term debt, current maturities		810.8		511.4
Total		$1,073.0		$541.3

Schedule of long-term debt obligations including current maturities

	Maturity	September 30		December 31
(millions)	by Year	2017		2016
Long-term debt
Public notes (2017 principal amount)
Five year 2012 senior notes ($500 million)	2017		$499.6		$498.9
Three year 2015 senior notes ($300 million)	2018		299.5		298.9
Three year 2016 senior notes ($400 million)	2019		396.6		395.9
Five year 2015 senior notes ($300 million)	2020		298.9		298.6
Ten year 2011 senior notes ($1.25 billion)	2021		1,245.6		1,244.8
Five year 2017 senior notes ($500 million)	2022		496.0		-
Seven year 2016 senior notes ($400 million)	2023		397.4		397.0
Seven year 2016 senior notes (€575 million)	2024		676.5		608.4
Ten year 2015 senior notes (€575 million)	2025		679.5		604.3
Ten year 2016 senior notes ($750 million)	2026		742.7		742.1
Thirty year 2011 senior notes ($750 million)	2041		739.1		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		248.8		248.9
Series B private placement senior notes ($250 million)	2023		249.3		249.2
Capital lease obligations			4.9		5.2
Other			75.0		80.3
Total debt			7,295.3		6,657.1
Long-term debt, current maturities			(810.8)		(511.4)
Total long-term debt			$6,484.5		$6,145.7

Schedule of interest expense and interest income

	Third Quarter Ended				Nine Months Ended
	September 30				September 30
(millions)	2017		2016		2017		2016
Interest expense		$60.7		$69.0		$191.0		$209.4
Interest income		(5.6)		(4.1)		(13.8)		(13.1)
Interest expense, net		$55.1		$64.9		$177.2		$196.3