DEBT AND INTEREST (Tables)

3 Months Ended

Mar. 31, 2019

DEBT AND INTEREST

Schedule of short-term debt obligations

	March 31		December 31
(millions)	2019		2018
Short-term debt
Commercial paper		$787.5		$165.4
Notes payable		43.9		176.8
Long-term debt, current maturities		300.9		401.4
Total		$1,132.3		$743.6

Schedule of long-term debt obligations including current maturities

	Maturity	March 31		December 31
(millions)	by Year	2019		2018
Long-term debt
Public notes (2019 principal amount)
Three year 2016 senior notes ($400 million)	2019		-		399.7
Five year 2015 senior notes ($300 million)	2020		299.6		299.5
Ten year 2011 senior notes ($1.02 billion)	2021		1,017.7		1,017.6
Five year 2017 senior notes ($500 million)	2022		497.1		496.9
Seven year 2016 senior notes ($400 million)	2023		398.1		398.0
Seven year 2016 senior notes (€575 million)	2024		648.3		644.1
Ten year 2015 senior notes (€575 million)	2025		650.3		646.3
Ten year 2016 senior notes ($750 million)	2026		743.9		743.8
Ten year 2017 senior notes ($500 million)	2027		495.0		494.8
Thirty year 2011 senior notes ($458 million)	2041		451.7		451.6
Thirty year 2016 senior notes ($250 million)	2046		246.1		246.1
Thirty year 2017 senior notes ($700 million)	2047		609.4		609.0
Private notes (2019 principal amount)
Series B private placement senior notes ($250 million)	2023		249.5		249.4
Finance lease obligations and other			2.4		6.2
Total debt			6,309.1		6,703.0
Long-term debt, current maturities			(300.9)		(401.4)
Total long-term debt			$6,008.2		$6,301.6

Schedule of interest expense and interest income

	First Quarter Ended
	March 31
(millions)	2019		2018
Interest expense		$56.1		$61.0
Interest income		(6.7)		(4.6)
Interest expense, net		$49.4		$56.4