DEBT AND INTEREST (Tables)

6 Months Ended

Jun. 30, 2020

DEBT AND INTEREST

Schedule of short-term debt obligations

	June 30		December 31
(millions)	2020		2019
Short-term debt
Commercial paper		$516.9		$55.1
Notes payable		17.3		24.5
Long-term debt, current maturities		0.7		300.9
Total		$534.9		$380.5

Schedule of long-term debt obligations including current maturities

	Maturity	June 30		December 31
(millions)	by Year	2020		2019
Long-term debt
Public notes (2020 principal amount)
Five year 2015 senior notes ($300 million)	2020		$-		$300.0
Ten year 2011 senior notes ($1.02 billion)	2021		1,018.8		1,018.3
Five year 2017 senior notes ($500 million)	2022		498.2		497.8
Seven year 2016 senior notes ($400 million)	2023		398.8		398.5
Seven year 2016 senior notes (€575 million)	2024		633.4		628.4
Ten year 2015 senior notes (€575 million)	2025		634.7		630.0
Ten year 2016 senior notes ($750 million)	2026		744.9		744.5
Ten year 2017 senior notes ($500 million)	2027		495.7		495.4
Ten year 2020 senior notes ($750 million)	2030		766.2		-
Thirty year 2011 senior notes ($458 million)	2041		452.0		451.9
Thirty year 2016 senior notes ($250 million)	2046		246.3		246.2
Thirty year 2017 senior notes ($700 million)	2047		611.2		610.4
Private notes (2020 principal amount)
Series B private placement senior notes ($250 million)	2023		249.6		249.6
Finance lease obligations and other			2.9		3.0
Total debt			6,752.7		6,274.0
Long-term debt, current maturities			(0.7)		(300.9)
Total long-term debt			$6,752.0		$5,973.1

Schedule of interest expense and interest income

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2020		2019		2020		2019
Interest expense		$61.8		$54.5		$114.4		$110.5
Interest income		(3.1)		(5.3)		(7.4)		(12.0)
Interest expense, net		$58.7		$49.2		$107.0		$98.5