DEBT Debt (Notes)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Debt [Text Block]

DEBT

	March 31, 2018			December 31, 2017
Commercial paper		$	—		$	162.4
Short-term loans		246.5			—
Current maturities of long-term debt and capital leases		1.4			1.2
Short-term loans and current maturities of long-term debt		247.9			163.6
Long-term debt and capital leases		8.0			8.3
Total debt and capital leases		$	255.9		$	171.9

Commercial Paper

As of March 31, 2018, there was no Commercial paper outstanding. As of December 31, 2017, Commercial paper had an associated weighted average interest rate of 2.09% and maturity terms less than one month from the date of issuance.

Short-term Loans

Short-term loans consist of outstanding borrowings under our $500 Revolving Credit Agreement (the Revolving Credit Agreement). Outstanding borrowings under our Revolving Credit Agreement as of March 31, 2018 were denominated in Euros with an associated weighted average interest rate of 1.1%. As of December 31, 2017, we had no outstanding obligations under the Revolving Credit Agreement. Refer to the Liquidity section within “Item 2. Management’s Discussion and Analysis,” for additional information on the revolving credit facility as well as our overall funding and liquidity strategy.