DEBT AND INTEREST (Tables)

6 Months Ended

Jun. 30, 2019

DEBT AND INTEREST

Schedule of short-term debt obligations

	June 30		December 31
(millions)	2019		2018
Short-term debt
Commercial paper		$746.3		$165.4
Notes payable		22.5		176.8
Long-term debt, current maturities		300.6		401.4
Total		$1,069.4		$743.6

Schedule of long-term debt obligations including current maturities

	Maturity	June 30		December 31
(millions)	by Year	2019		2018
Long-term debt
Public notes (2019 principal amount)
Three year 2016 senior notes ($400 million)	2019		$-		$399.7
Five year 2015 senior notes ($300 million)	2020		299.8		299.5
Ten year 2011 senior notes ($1.02 billion)	2021		1,017.9		1,017.6
Five year 2017 senior notes ($500 million)	2022		497.3		496.9
Seven year 2016 senior notes ($400 million)	2023		398.3		398.0
Seven year 2016 senior notes (€575 million)	2024		636.7		644.1
Ten year 2015 senior notes (€575 million)	2025		638.6		646.3
Ten year 2016 senior notes ($750 million)	2026		744.1		743.8
Ten year 2017 senior notes ($500 million)	2027		495.1		494.8
Thirty year 2011 senior notes ($458 million)	2041		451.7		451.6
Thirty year 2016 senior notes ($250 million)	2046		246.2		246.1
Thirty year 2017 senior notes ($700 million)	2047		609.7		609.0
Private notes (2019 principal amount)
Series B private placement senior notes ($250 million)	2023		249.5		249.4
Finance lease obligations and other			2.8		6.2
Total debt			6,287.7		6,703.0
Long-term debt, current maturities			(300.6)		(401.4)
Total long-term debt			$5,987.1		$6,301.6

Schedule of interest expense and interest income

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2019		2018		2019		2018
Interest expense		$54.9		$60.2		$111.0		$121.2
Interest income		(5.4)		(3.9)		(12.1)		(8.5)
Interest expense, net		$49.5		$56.3		$98.9		$112.7