Borrowings and Capital Leases (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of Borrowings

(In millions)	March 31, 2018		December 31, 2017
Short term borrowings:
Baxalta notes	$	749.5	$	748.8
Borrowings under the Revolving Credit Facilities Agreement	75.0		810.0
Borrowings under the November 2015 Facilities Agreement	899.0		1,196.3
Capital leases	7.6		7.5
Other borrowings	56.1		26.1
	$	1,787.2	$	2,788.7
Long term borrowings:
SAIIDAC notes	$	12,053.3	$	12,050.2
Baxalta notes	4,292.4		4,308.9
Capital leases	341.9		341.7
Other borrowings	46.1		51.6
	$	16,733.7	$	16,752.4
Total borrowings and capital leases	$	18,520.9	$	19,541.1

Below is a summary of the Baxalta Notes as of March 31, 2018:

(In millions, except %)	Aggregate principal		Coupon rate		Carrying amount as of March 31, 2018
Variable-rate notes due 2018	$	375.0	LIBOR plus 0.78%		$	374.5
Fixed-rate notes due 2018	375.0		2.000	%	375.0
Fixed-rate notes due 2020	1,000.0		2.875	%	997.0
Fixed-rate notes due 2022	500.0		3.600	%	506.4
Fixed-rate notes due 2025	1,750.0		4.000	%	1,758.7
Fixed-rate notes due 2045	1,000.0		5.250	%	1,030.3
Total assumed Senior Notes	$	5,000.0			$	5,041.9

Below is a summary of the SAIIDAC Notes as of March 31, 2018:

(In millions, except %)	Aggregate amount		Coupon rate		Carrying amount as of March 31, 2018
Fixed-rate notes due 2019	$	3,300.0	1.900	%	$	3,293.1
Fixed-rate notes due 2021	3,300.0		2.400	%	3,287.2
Fixed-rate notes due 2023	2,500.0		2.875	%	2,490.0
Fixed-rate notes due 2026	3,000.0		3.200	%	2,983.0
	$	12,100.0			$	12,053.3