XML 47 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
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 as of March 31, 2018
Maturity
Year
March 31,
2018
December 31,
2017
Commercial paper
2.340%
2019
$
257.8

$
34.0

Revolving credit facilities
3.430%
2019
222.1

28.4

Senior notes - fixed rate (1)
2.900%
2018
255.3

255.3

Senior notes - fixed rate (1)
2.650%
2019
250.0

250.0

Senior notes - fixed rate - Euro (1)
2.450%
2019
615.4

594.4

Senior notes - fixed rate (1)
3.625%
2020
74.0

74.0

Senior notes - fixed rate (1)
5.000%
2021
103.8

103.8

Senior notes - fixed rate (1)
3.150%
2022
88.3

88.3

Senior notes - fixed rate (1)
4.650%
2025
19.3

19.3

Senior notes - fixed rate - nVent (2)
3.950%
2023
300.0

—

Senior notes - fixed rate - nVent (2)
4.550%
2028
500.0

—

Other
8.545%
2018
0.2

—

Unamortized debt issuance costs and discounts
N/A
N/A
(12.9
)
(6.8
)
Total debt


2,673.3

1,440.7

Less: Current maturities and short-term borrowings


(0.2
)
—

Long-term debt


$
2,673.1

$
1,440.7

 
 
 
 
 
(1) Senior notes are guaranteed as to payment by Pentair plc and PISG
(2) Senior notes are guaranteed as to payment by nVent plc, Pentair plc and PISG
Debt Outstanding Matures on Calendar Year Basis
Debt outstanding, excluding unamortized issuance costs and discounts, at March 31, 2018 matures on a calendar year basis as follows:
 
Q2-Q4
 
 
 
 
 
 
 
In millions
2018
2019
2020
2021
2022
2023
Thereafter
Total
Contractual debt obligation maturities
$
0.2

$
1,600.6

$
74.0

$
103.8

$
88.3

$
300.0

$
519.3

$
2,686.2