Short-Term Borrowings and Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Components of Short-Term Borrowings and Long-Term Debt

Short-term borrowings and long-term debt consist of the following:

	2014			2013
Short-term borrowings
Commercial paper issuances	$	143.3		$	150.0
Various debt due to international banks		3.4			3.8
Total short-term borrowings	$	146.7		$	153.8
Long-term debt
2.875% Senior notes due October 1, 2022	$	400.0		$	400.0
Less: Discount		(0.3	)		(0.3	)
3.35% Senior notes due December 15, 2015		250.0			250.0
Less: Discount		(0.1	)		(0.2	)
2.45% Senior notes due December 15, 2019		300.0			0.0
Less: Discount		(0.2	)		0.0
Fair value adjustment related to hedged fixed rate debt    instrument		(0.9	)		0.0
Total long-term debt		948.5			649.5
Less: current maturities		(249.9	)		0.0
Net long-term debt	$	698.6		$	649.5