Debt (Tables)

3 Months Ended

Mar. 31, 2018

Debt

Schedule of debt

	March 31, 2018				December 31, 2017
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
Commercial Paper Program		869.6		869.6		1,175.4		1,175.4
2.55% Senior Notes due January 2019		749.8		748.9		749.8		752.8
2.20% Senior Notes due April 2020		399.8		395.0		399.8		398.0
3.125% Senior Notes due September 2021		374.9		374.1		374.8		381.2
4.00% Senior Notes due February 2022		499.5		513.0		499.5		522.5
3.20% Senior Notes due April 2024		349.7		341.6		349.6		351.9
Notes payable to foreign banks and other debt		7.8		7.8		6.6		6.6
Less unamortized deferred debt issuance costs		(11.8)		—		(12.9)		—
Total debt		3,239.3		3,250.0		3,542.6		3,588.4
Less current portion		749.9		749.0		1.1		1.1
Total long-term debt	$	2,489.4	$	2,501.0	$	3,541.5	$	3,587.3