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Debt Financing (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Summary of Debt Obligations
The following table summarizes the Company’s debt obligations (interest rates and debt amounts reflected in the table include the effects of interest rate swaps used to hedge debt).
 
 
 
Interest rates(1)
December 31
 
 
 
Amounts outstanding
December 31
 
In millions of U.S. Dollars
Maturity dates
 
2019

 
2018

 
 
2019

 
2018

Fixed
 
 
4.0
%
 
4.0
%
 
 
$
19,340.2

 
$
18,075.8

Floating
 
 
2.2

 
3.4

 
 
2,049.3

 
1,349.9

Total U.S. Dollar
2020-2049
 
 
 
 
 
 
21,389.5

 
19,425.7

Fixed
 
 
1.5

 
1.6

 
 
8,671.8

 
8,069.1

Floating
 
 
2.3

 
—

 
 
337.0

 
1,264.1

Total Euro
2020-2031
 
 
 
 
 
 
9,008.8

 
9,333.2

Fixed
 
 
3.4

 
—

 
 
771.0

 
—

Floating
 
 
2.0

 
—

 
 
210.6

 
—

Total Australian Dollar
2024-2029
 
 
 
 
 
 
981.6

 
—

Total British Pounds Sterling - Fixed
2020-2054
 
4.6

 
5.3

 
 
1,386.3

 
952.3

Total Canadian Dollar - Fixed
2021-2025
 
3.1

 
3.1

 
 
768.6

 
732.0

Total Japanese Yen - Fixed
2030
 
2.9

 
2.9

 
 
115.1

 
114.0

Fixed
 
 
0.2

 
0.3

 
 
413.8

 
414.9

Floating
 
 
2.2

 
2.6

 
 
241.8

 
244.2

Total other currencies(2)
2020-2024
 
 
 
 
 
 
655.6

 
659.1

Debt obligations before fair value adjustments and deferred debt costs(3)
 
 
 
 
 
 
 
34,305.5

 
31,216.3

Fair value adjustments(4)
 
 
 
 
 
 
 
12.1

 
(12.0
)
Deferred debt costs
 
 
 
 
 
 
 
(140.4
)
 
(129.0
)
Total debt obligations
 
 
 
 
 
 
 
$
34,177.2

 
$
31,075.3

(1)
Weighted-average effective rate, computed on a semi-annual basis.
(2)
Consists of Swiss Francs and Korean Won.
(3)
Aggregate maturities for 2019 debt balances, before fair value adjustments and deferred debt costs, are as follows (in millions): 2020–$59.1; 2021–$2,132.2; 2022–$2,250.1; 2023–$6,007.0; 2024–$2,819.0; Thereafter–$21,038.1. These amounts include a reclassification of short-term obligations totaling $3.5 billion to long-term obligations as they are supported by a long-term line of credit agreement expiring in December 2023.
(4)
The carrying value of underlying items in fair value hedges, in this case debt obligations, are adjusted for fair value changes to the extent they are attributable to the risk designated as being hedged. The related hedging instruments are also recorded at fair value on the Consolidated Balance Sheet.