Debt (Tables)

6 Months Ended

Jun. 30, 2016

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 June 30, 2016	Maturity Year	June 30, 2016			December 31, 2015
Commercial paper	1.713%	2019	$	161.5		$	179.5
Revolving credit facilities	1.964%	2019	1,059.7			1,181.4
Senior notes - fixed rate	1.875%	2017	350.0			350.0
Senior notes - fixed rate	2.900%	2018	500.0			500.0
Senior notes - fixed rate	2.650%	2019	250.0			250.0
Senior notes - fixed rate - Euro	2.450%	2019	551.3			548.4
Senior notes - fixed rate	3.625%	2020	400.0			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			250.0
Capital lease obligations and other	N/A	N/A	—			0.7
Unamortized debt issuance costs and discounts	N/A	N/A	(20.8		)	(23.5		)
Total debt			4,551.7			4,686.5
Less: Current maturities and short-term borrowings			—			(0.7		)
Long-term debt			$	4,551.7		$	4,685.8

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding, excluding unamortized issuance costs and discounts, at June 30, 2016 matures on a calendar year basis as follows:

	Q3-Q4
In millions	2016		2017		2018		2019		2020		2021		Thereafter		Total
Contractual debt obligation maturities	$	—	$	350.0	$	500.0	$	2,022.5	$	400.0	$	500.0	$	800.0	$	4,572.5