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Borrowings And Credit Arrangements (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Financial Services Borrowings

Financial Services borrowings include the following:

 

     2016      2015  

At December 31,

   EFFECTIVE
RATE
    BORROWINGS      EFFECTIVE
RATE
    BORROWINGS  

Commercial paper

     .7   $ 2,242.5         .6   $ 2,620.4   

Bank loans

     5.5     205.0         4.8     176.1   
  

 

 

   

 

 

    

 

 

   

 

 

 
       2,447.5           2,796.5   

Term notes

     1.5     6,027.7         1.4     5,795.0   
  

 

 

   

 

 

    

 

 

   

 

 

 
     1.4   $ 8,475.2         1.2   $ 8,591.5   
  

 

 

   

 

 

    

 

 

   

 

 

 
Annual Maturities of Financial Services Borrowings

The annual maturities of the Financial Services borrowings are as follows:

     

  

Beginning January 1, 2017

   COMMERCIAL
PAPER
    BANK
LOANS
     TERM
NOTES
    TOTAL  

2017

   $ 2,243.3      $ 55.4       $ 1,845.1      $ 4,143.8   

2018

       38.7         1,658.9        1,697.6   

2019

       26.5         1,739.6        1,766.1   

2020

       60.3         302.6        362.9   

2021

       24.1         500.0        524.1   
  

 

 

   

 

 

    

 

 

   

 

 

 
   $ 2,243.3      $ 205.0       $ 6,046.2      $ 8,494.5