Long-Term Debt And Notes Payable (Tables)

12 Months Ended

Dec. 31, 2018

Short-term Debt [Line Items]

Schedule of Short-term Debt [Table Text Block]

The following table summarizes our current maturities of long-term debt as of December 31, 2018 and 2017:

(in millions) December 31,	2018		2017
Syndicated loan facility (€71.1 million principal value)	$	5.3	$	—
Building loan facility (€23.3 million principal value)	1.6		—
2.75% notes due December 2018	—		250.0
Other deferred financing costs associated with credit facilities	—		(0.6		)
Total current maturities of long-term debt	$	6.9	$	249.4

Components of Debt

The following table summarizes our long-term debt as of December 31, 2018 and 2017:

(in millions) December 31,	2018			2017
4.45% notes due December 2023	$	298.6		$	298.4
6.55% notes due November 2036	198.2			198.1
4.20% notes due March 2048	345.9			—
Syndicated loan facility (€71.1 million principal value)	76.1			—
Building loan facility (€23.3 million principal value)	25.1			—
Other deferred financing costs associated with credit facilities	(1.6		)	(2.4		)
Total long-term debt (a)	$	942.3		$	494.1
(a) Debt discounts and debt issuance costs totaled $6.7 and $3.5 as of December 31, 2018 and 2017, respectively, and have been netted against the aggregate principal amounts of the related debt in the components of the debt table above.

Capitalization of Long-Term Debt

(in millions) December 31,	2018
Current maturities of long-term debt	$	6.9
Long-term debt	942.3
Total indebtedness	949.2
Total shareholders’ equity	1,524.2
Capitalization	$	2,473.4
Total indebtedness to capitalization	38		%