DEBT AND INTEREST (Tables)

9 Months Ended

Sep. 30, 2018

DEBT AND INTEREST

Schedule of short-term debt obligations

	September 30		December 31
(millions)	2018		2017
Short-term debt
Commercial paper		$81.2		$-
Notes payable		38.5		14.7
Long-term debt, current maturities		649.7		549.7
Total		$769.4		$564.4

Schedule of long-term debt obligations including current maturities

	Maturity	September 30		December 31
(millions)	by Year	2018		2017
Long-term debt
Public and 144A notes (2018 principal amount)
Three year 2015 senior notes ($0 million)	2018		$-		$299.9
Three year 2016 senior notes ($400 million)	2019		398.2		396.1
Five year 2015 senior notes ($300 million)	2020		299.4		299.1
Ten year 2011 senior notes ($1.02 billion)	2021		1,017.2		1,016.6
Five year 2017 senior notes ($500 million)	2022		496.7		496.3
Seven year 2016 senior notes ($400 million)	2023		397.9		397.5
Seven year 2016 senior notes (€575 million)	2024		660.7		676.6
Ten year 2015 senior notes (€575 million)	2025		663.0		679.4
Ten year 2016 senior notes ($750 million)	2026		743.5		742.8
Ten year 2017 144A notes ($500 million)	2027		-		494.7
Ten year 2017 senior notes ($500 million)	2027		494.9		-
Thirty year 2011 senior notes ($458 million)	2041		451.5		451.3
Thirty year 2016 senior notes ($250 million)	2046		246.1		246.0
Thirty year 2017 144A notes ($700 million)	2047		-		607.8
Thirty year 2017 senior notes ($700 million)	2047		608.5		-
Private notes (2018 principal amount)
Series A private placement senior notes ($250 million)	2018		249.6		248.5
Series B private placement senior notes ($250 million)	2023		249.4		249.3
Capital lease obligations			7.0		4.6
Other			0.9		1.5
Total debt			6,984.5		7,308.0
Long-term debt, current maturities			(649.7)		(549.7)
Total long-term debt			$6,334.8		$6,758.3

Schedule of interest expense and interest income

	Third Quarter Ended				Nine Months Ended
	September 30				September 30
(millions)	2018		2017		2018		2017
Interest expense		$58.3		$60.7		$179.5		$191.0
Interest income		(2.6)		(5.6)		(11.1)		(13.8)
Interest expense, net		$55.7		$55.1		$168.4		$177.2