Debt (Tables)

3 Months Ended

Mar. 28, 2015

Debt and Average Interest Rates on Debt Outstanding

Debt and the average interest rates on debt outstanding were as follows:

In millions	Average interest rate at March 28, 2015	Maturity Year	March 28, 2015			December 31, 2014
Commercial paper	0.890%	2019	$	1,394.1		$	987.6
Revolving credit facilities	1.428%	2019	9.3			9.8
Senior notes - fixed rate	1.350%	2015	350.0			350.0
Senior notes - fixed rate	1.875%	2017	350.0			350.0
Senior notes - fixed rate	2.650%	2019	250.0			250.0
Senior notes - fixed rate	5.000%	2021	500.0			500.0
Senior notes - fixed rate	3.150%	2022	550.0			550.0
Capital lease obligations	6.085%	2015	5.6			6.7
Total debt			3,409.0			3,004.1
Less: Current maturities and short-term borrowings			(5.6		)	(6.7		)
Long-term debt			$	3,403.4		$	2,997.4

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding at March 28, 2015 matures on a calendar year basis as follows:

	Q2-Q4
In millions	2015		2016		2017		2018		2019		2020		Thereafter		Total
Contractual debt obligation maturities	$	—	$	—	$	350.0	$	—	$	2,003.4	$	—	$	1,050.0	$	3,403.4
Capital lease obligations	5.6		—		—		—		—		—		—		5.6
Total maturities	$	5.6	$	—	$	350.0	$	—	$	2,003.4	$	—	$	1,050.0	$	3,409.0