Debt (Notes)

3 Months Ended

Apr. 30, 2016

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

7. DEBT

(in millions)	April 30, 2016		January 31, 2016		April 30, 2015
Short-term borrowings:
Credit Facilities	$	77.3	$	76.6	$	66.3
Other credit facilities	142.8		145.0		130.8
	$	220.1	$	221.6	$	197.1

Long-term debt:
Unsecured Senior Notes:
2010 1.72% Notes, due September 2016 a, b	$	92.5	$	84.2	$	84.0
2012 4.40% Series B Notes, due July 2042 c	250.0		250.0		250.0
2014 3.80% Senior Notes, due October 2024 a, d	250.0		250.0		250.0
2014 4.90% Senior Notes, due October 2044 a, d	300.0		300.0		300.0
	892.5		884.2		884.0
Less current portion of long-term debt	92.5		84.2		—
Less unamortized discounts and debt issuance costs	9.8		10.0		10.4
	$	790.2	$	790.0	$	873.6

^a  These agreements require lump sum repayments upon maturity.

^b  These Notes were issued, at par, ¥10.0 billion.

^c  The agreements governing these Notes require repayments of $50.0 million in aggregate every five years beginning in 2022.

^d  These Notes were issued at a discount which will be amortized until the debt maturity.

There have been no material changes to the agreements governing the Credit Facilities or Senior Notes referenced in the table above since January 31, 2016.

At April 30, 2016, the Company was in compliance with all debt covenants.