DEBT (Tables)

3 Months Ended

Mar. 31, 2021

Long-term debt consisted of the following:


(In millions)	March 31, 2021		December 31, 2020
Senior secured revolving credit facility	$	200.0	$	—

Commercial paper	21.2		1,043.7
Synthetic bonds due 2021	—		551.2
3.45% Senior Notes due 2022	—		500.0
3.40% 2012 Private placement notes due 2022	176.1		184.0
3.15% 2013 Private placement notes due 2023	299.3		312.9
5.75% 2020 Private placement notes due 2025	234.8		245.4
6.50% Senior notes due 2026	1,000.0		—
4.00% 2012 Private placement notes due 2027	88.0		92.0
4.00% 2012 Private placement notes due 2032	117.4		122.7
3.75% 2013 Private placement notes due 2033	117.4		122.7
Bank borrowings and other	313.7		298.4

Unamortized debt issuance costs and discounts	(36.8)		(12.8)
Total debt	2,531.1		3,460.2
Less: current borrowings (a)	96.8		624.7
Long-term debt	$	2,434.3	$	2,835.5

(a) As of March 31, 2021 and December 31, 2020, current borrowings consisted primarily of bank borrowings and notes with current maturities of 12 months.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details