Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of Debt

Other information related to short-term debt at December 31, is summarized below:

	2017		2016
Interest rate on short-term debt:
At year end(a)	1.95	%	6.89	%
Paid during the year (weighted average)	2.24	%	0.72	%

(a) The interest rate at December 31, 2016 reflects short term borrowings which are predominately related to our operations in China and Brazil and reflect market interest rates in those regions.

The following table sets forth the Company’s long-term debt at December 31, (in millions):

	Maturity	2017		2016
Senior notes at 5.95%, net of unamortized discount and unamortized debt issuance costs	2018	$	—	$	299.3
Senior notes at 3.625%, net of unamortized discount and unamortized debt issuance costs	2022	297.9		297.5
Senior notes at 3.35%, net of unamortized discount and unamortized debt issuance costs	2026	394.4		393.7
Senior notes at 3.15%, net of unamortized discount and unamortized debt issuance costs	2027	294.8		—
TOTAL LONG-TERM DEBT		$	987.1	$	990.5