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Debt and Credit Arrangements (Tables)
3 Months Ended
Mar. 31, 2016
Long-term Debt, Unclassified [Abstract]  
Summary of Carrying Amounts and Fair Values of Long-term Debt
A summary of the carrying amounts and fair values of our long-term debt is listed below.
 
Effective
Interest Rate
 
March 31,
2016
 
December 31,
2015
Book
Value
 
Fair
Value 1
 
Book
Value
 
Fair
Value 1
2.25% Senior Notes due 2017 (less unamortized discount and issuance costs of $0.2 and $0.8)
2.30%
 
$
299.0

 
$
299.7

 
$
298.8

 
$
299.3

4.00% Senior Notes due 2022 (less unamortized discount and issuance costs of $1.9 and $1.5)
4.13%
 
246.6

 
257.5

 
246.4

 
250.9

3.75% Senior Notes due 2023 (less unamortized discount and issuance costs of $1.1 and $2.8)
4.32%
 
496.1

 
497.1

 
496.0

 
484.8

4.20% Senior Notes due 2024 (less unamortized discount and issuance costs of $0.8 and $3.3)
4.24%
 
495.9

 
517.2

 
495.8

 
496.4

Other notes payable and capitalized leases
 
 
74.3

 
74.3

 
75.2

 
75.2

Total long-term debt
 
 
1,611.9

 
 
 
1,612.2

 
 
Less: current portion
 
 
2.0

 
 
 
1.9

 
 
Long-term debt, excluding current portion
 
 
$
1,609.9

 
 
 
$
1,610.3

 
 

1
See Note 11 for information on the fair value measurement of our long-term debt.