DEBT AND INTEREST (Tables)

3 Months Ended

Mar. 31, 2022

DEBT AND INTEREST

Schedule of short-term debt obligations

	March 31		December 31
(millions)	2022		2021
Short-term debt
Commercial paper		$475.0		$400.0
Notes payable		15.6		8.5
Long-term debt, current maturities		2.5		2.5
Total		$493.1		$411.0

Schedule of long-term debt obligations including current maturities

	Maturity	March 31		December 31
(millions)	by Year	2022		2021
Long-term debt
Public notes (2022 principal amount)
Two year 2021 senior notes ($500 million)	2023		$497.6		$497.2
Seven year 2016 senior notes (€575 million)	2024		642.8		649.3
Ten year 2015 senior notes (€575 million)	2025		643.0		649.7
Ten year 2016 senior notes ($750 million)	2026		734.6		744.9
Ten year 2017 senior notes ($500 million)	2027		466.0		488.4
Six Year 2021 senior notes ($500 million)	2027		495.9		495.7
Ten year 2020 senior notes ($698 million)	2030		689.9		709.1
Ten year 2020 senior notes ($600 million)	2031		577.3		593.4
Eleven year 2021 senior notes ($650 million)	2032		644.2		644.0
Thirty year 2011 senior notes ($389 million)	2041		384.3		384.3
Thirty year 2016 senior notes ($200 million)	2046		197.2		197.2
Thirty year 2017 senior notes ($484 million)	2047		424.6		424.3
Thirty year 2020 senior notes ($500 million)	2050		490.5		490.4
Thirty year 2021 senior notes ($850 million)	2051		838.6		838.5
Thirty-four year 2021 senior notes ($685 million)	2055		535.8		535.3
Finance lease obligations and other			7.4		8.0
Total debt			8,269.7		8,349.7
Long-term debt, current maturities			(2.5)		(2.5)
Total long-term debt			$8,267.2		$8,347.2

Schedule of interest expense and interest income

	First Quarter Ended
	March 31
(millions)	2022		2021
Interest expense		$55.1		$53.8
Interest income		(2.1)		(2.1)
Interest expense, net		$53.0		$51.7