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Debt and Credit Arrangements (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Summary of Carrying Amounts and Fair Values of Long-term Debt
A summary of the carrying amounts of our long-term debt is listed below.
 
 
Effective
Interest Rate
 
June 30,
2020
 
December 31,
2019
 
 
3.50% Senior Notes due 2020 (less unamortized discount and issuance costs of $0.1 and $0.4, respectively)
3.89%
 
$
499.5

 
$
498.5

 
3.75% Senior Notes due 2021 (less unamortized discount and issuance costs of $0.2 and $1.3, respectively)
3.98%
 
498.5

 
497.9

 
4.00% Senior Notes due 2022 (less unamortized discount and issuance costs of $0.6 and $0.4, respectively)
4.13%
 
249.0

 
248.7

 
3.75% Senior Notes due 2023 (less unamortized discount and issuance costs of $0.4 and $1.1, respectively)
4.32%
 
498.5

 
498.2

 
4.20% Senior Notes due 2024 (less unamortized discount and issuance costs of $0.4 and $1.6, respectively)
4.24%
 
498.0

 
497.8

 
4.65% Senior Notes due 2028 (less unamortized discount and issuance costs of $1.4 and $3.7, respectively)
4.78%
 
494.9

 
494.6

 
4.75% Senior Notes due 2030 (less unamortized discount and issuance costs of $3.7 and $6.0, respectively)
4.92%
 
640.3

 

 
5.40% Senior Notes due 2048 (less unamortized discount and issuance costs of $2.7 and $5.3, respectively)
5.48%
 
492.0

 
491.9

 
Other notes payable and capitalized leases
 
 
44.0

 
46.3

 
Total long-term debt
 
 
3,914.7

 
3,273.9

 
Less: current portion
 
 
503.0

 
502.0

 
Long-term debt, excluding current portion
 
 
$
3,411.7

 
$
2,771.9