Debt (Tables)

9 Months Ended

Sep. 30, 2019

Debt

Schedule of debt

	September 30, 2019				December 31, 2018
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
U.S. Commercial Paper Program		475.8		475.8		554.5		554.5
Euro Commercial Paper Program		277.9		277.9		68.8		68.8
2.55% Senior Notes due January 2019		—		—		750.0		749.4
2.20% Senior Notes due April 2020		399.9		400.0		399.9		395.5
3.125% Senior Notes due September 2021		227.6		231.0		374.9		374.2
4.00% Senior Notes due February 2022		294.8		305.8		499.6		508.8
3.20% Senior Notes due April 2024		349.7		362.3		349.7		334.5
2.000% Euro Senior Notes due October 2028		542.5		611.3		570.5		572.8
4.350% Senior Notes due June 2029		499.6		554.1		—		—
2.800% Senior Notes due February 2030		899.3		876.8		—		—
Notes payable to foreign banks and other debt		6.5		6.5		16.6		16.6
Less unamortized deferred debt issuance costs		(24.5)		—		(13.8)		—
Total debt		3,949.1		4,101.5		3,570.7		3,575.1
Less current portion		403.7		403.8		764.3		763.7
Total long-term debt	$	3,545.4	$	3,697.7	$	2,806.4	$	2,811.4