The fair values and carrying values of our debt instruments are detailed as follows:



	June 30, 2018					December 31, 2017
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	606,348		600,000		622,752		600,000
2.00% senior notes, payable January 14, 2022; interest payable annually	614,936			584,112		634,193		600,096
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	351,115			350,467		360,807		360,058
Floating Rate Notes, payable May 18, 2020, interest payable quarterly	349,437			350,467		—		—
U.S. commercial paper	508,460			508,460		228,500		228,500
European commercial paper	560,748			560,748		912,146		912,146
2015 Senior Credit Facility	59,233			59,233		62,104		62,104
Capital leases and other	23,189			23,189		6,934		6,934
Unamortized debt issuance costs	(6,142		)	(6,142	)	(6,260	)	(6,260	)
Total debt	3,067,324			3,030,534		2,821,176		2,763,578
Less current portion of long-term debt and commercial paper	1,145,481			1,146,511		1,203,683		1,203,683
Long-term debt, less current portion	$	1,921,843		1,884,023		1,617,493		1,559,895