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Debt (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2018	Maturity Year	June 30, 2018			December 31, 2017
Commercial paper	2.801%	2023	$	78.0		$	34.0
Revolving credit facilities	3.290%	2023	14.6			28.4
Senior notes - fixed rate ⁽¹⁾	2.900%	2018	—			255.3
Senior notes - fixed rate ⁽¹⁾	2.650%	2019	250.0			250.0
Senior notes - fixed rate - Euro ⁽¹⁾	2.450%	2019	157.9			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
Unamortized debt issuance costs and discounts	N/A	N/A	(6.0		)	(6.8		)
Long-term debt			$	779.9		$	1,440.7
⁽¹⁾Senior notes are guaranteed as to payment by Pentair plc and PISG

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding, excluding unamortized issuance costs and discounts, at June 30, 2018 matures on a calendar year basis as follows:



	Q3-Q4
In millions	2018			2019			2020			2021			2022			2023			Thereafter			Total
Contractual debt obligation maturities	$	—		$	407.9		$	74.0		$	103.8		$	88.3		$	92.6		$	19.3		$	785.9