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Debt (Tables)
12 Months Ended
Dec. 31, 2014
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
December 31, 2014
Maturity
year
December 31
2014
2013
Commercial paper
0.679%
2019
$
987.6

$
528.9

Revolving credit facilities
1.421%
2019
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
6.195%
2015
6.7

21.5

Total debt
 
 
3,004.1

2,550.4

Less: Current maturities and short-term borrowings
 
 
(6.7
)
(2.5
)
Long-term debt
 
 
$
2,997.4

$
2,547.9

Debt Outstanding Matures on Calendar Year Basis
Debt outstanding at December 31, 2014 matures on a calendar year basis as follows:
In millions
2015
2016
2017
2018
2019
Thereafter
Total
Contractual debt obligation maturities
$

$

$
350.0

$

$
1,597.4

$
1,050.0

$
2,997.4

Capital lease obligations
6.7






6.7

Total maturities
$
6.7

$

$
350.0

$

$
1,597.4

$
1,050.0

$
3,004.1