Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt

Schedule of debt

	September 30, 2018				December 31, 2017
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
U.S. Commercial Paper Program		337.9		337.9		1,175.4		1,175.4
Euro Commercial Paper Program		512.9		512.9		—		—
2.55% Senior Notes due January 2019		749.9		749.5		749.8		752.8
2.20% Senior Notes due April 2020		399.8		393.6		399.8		398.0
3.125% Senior Notes due September 2021		374.9		371.4		374.8		381.2
4.00% Senior Notes due February 2022		499.6		506.9		499.5		522.5
3.20% Senior Notes due April 2024		349.7		335.7		349.6		351.9
Notes payable to foreign banks and other debt		43.6		43.6		6.6		6.6
Less unamortized deferred debt issuance costs		(9.8)		—		(12.9)		—
Total debt		3,258.5		3,251.5		3,542.6		3,588.4
Less current portion		790.2		789.8		1.1		1.1
Total long-term debt	$	2,468.3	$	2,461.7	$	3,541.5	$	3,587.3