Long-Term Debt and Financing Arrangements (Tables)

3 Months Ended

Apr. 02, 2016

Long-Term Debt and Financing Arrangements

Long-term debt and financing arrangements at April 2, 2016 and January 2, 2016 are as follows:

(Millions of Dollars)	Interest Rate	April 2, 2016			January 2, 2016
Notes payable due in 2018	2.45%	$	627.8		$	627.5
Notes payable due in 2018 (junior subordinated)	2.25%	343.9			343.8
Notes payable due 2021	3.40%	417.7			405.9
Notes payable due 2022	2.90%	749.7			749.6
Notes payable due 2028	7.05%	174.8			167.0
Notes payable due 2040	5.20%	360.5			360.1
Notes payable due 2052 (junior subordinated)	5.75%	730.1			729.9
Notes payable due 2053 (junior subordinated)	5.75%	399.2			394.2
Other, payable in varying amounts through 2022	0.00% – 2.43%	18.5			19.2
Total long-term debt, including current maturities		$	3,822.2		$	3,797.2
Less: Current maturities of long-term debt		(5.0		)	(5.1		)
Long-term debt		$	3,817.2		$	3,792.1