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Debt and Credit Arrangements (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [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
 
September 30,
2017
 
December 31,
2016
Book
Value
 
Fair
Value 1
 
Book
Value
 
Fair
Value 1
2.25% Senior Notes due 2017 (less unamortized issuance costs of $0.1)
2.30%
 
$
299.9

 
$
300.2

 
$
299.4

 
$
301.4

4.00% Senior Notes due 2022 (less unamortized discount and issuance costs of $1.4 and $1.1, respectively)
4.13%
 
247.5

 
258.5

 
247.0

 
258.4

3.75% Senior Notes due 2023 (less unamortized discount and issuance costs of $0.8 and $2.2, respectively)
4.32%
 
497.0

 
520.5

 
496.6

 
503.3

4.20% Senior Notes due 2024 (less unamortized discount and issuance costs of $0.7 and $2.7, respectively)
4.24%
 
496.6

 
527.0

 
496.2

 
511.6

Other notes payable and capitalized leases
 
 
45.9

 
45.9

 
65.4

 
65.4

Total long-term debt
 
 
1,586.9

 
 
 
1,604.6

 
 
Less: current portion
 
 
301.9

 
 
 
323.9

 
 
Long-term debt, excluding current portion
 
 
$
1,285.0

 
 
 
$
1,280.7

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