FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2017

FAIR VALUE MEASUREMENTS

Schedule of the carrying amount and estimated fair value of assets and liabilities measured on recurring basis

	June 30, 2017
(millions)	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3
Assets
Foreign currency forward contracts		$ 68.8		$ -		$ 68.8		$ -
Liabilities
Foreign currency forward contracts		83.3		-		83.3		-
Interest rate swap agreements		3.9		-		3.9		-

	December 31, 2016
(millions)	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3
Assets
Foreign currency forward contracts		$ 93.4		$ -		$ 93.4		$ -
Liabilities
Foreign currency forward contracts		46.7		-		46.7		-
Interest rate swap agreements		3.5		-		3.5		-

Schedule of carrying amount and estimated fair value of long-term debt

	June 30				December 31
(millions)	2017				2016
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Long-term debt, including current maturities		$ 6,720.1		$ 7,115.9		$ 6,657.1		$ 6,963.9