Debt (Tables)

9 Months Ended

Sep. 26, 2015

Debt and Average Interest Rates on Debt Outstanding

Debt and the average interest rates on debt outstanding were as follows:

In millions	Average interest rate at September 26, 2015	Maturity Year	September 26, 2015			December 31, 2014
Commercial paper	0.885%	2019	$	1,082.4		$	987.6
Revolving credit facilities	1.451%	2019	191.5			9.8
Senior notes - fixed rate	1.350%	2015	350.0			350.0
Senior notes - fixed rate	1.875%	2017	350.0			350.0
Senior notes - fixed rate	2.900%	2018	500.0			—
Senior notes - fixed rate	2.650%	2019	250.0			250.0
Senior notes - fixed rate - Euro	2.450%	2019	559.3			—
Senior notes - fixed rate	3.625%	2020	400.0			—
Senior notes - fixed rate	5.000%	2021	500.0			500.0
Senior notes - fixed rate	3.150%	2022	550.0			550.0
Senior notes - fixed rate	4.650%	2025	250.0			—
Capital lease obligations and other	8.284%	2016	3.2			6.7
Total debt			4,986.4			3,004.1
Less: Current maturities and short-term borrowings			(3.2		)	(6.7		)
Long-term debt			$	4,983.2		$	2,997.4

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding at September 26, 2015 matures on a calendar year basis as follows:

	Q4
In millions	2015		2016		2017		2018		2019		2020		Thereafter		Total
Contractual debt obligation maturities	$	350.3	$	—	$	350.0	$	500.0	$	2,083.2	$	400.0	$	1,300.0	$	4,983.5
Capital lease obligations	1.7		1.2		—		—		—		—		—		2.9
Total maturities	$	352.0	$	1.2	$	350.0	$	500.0	$	2,083.2	$	400.0	$	1,300.0	$	4,986.4