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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
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
Maturity
year
December 31
December 31, 2019
2019
2018
Commercial paper
2.327%
2023
$
117.8

$
76.0

Revolving credit facilities
2.863%
2023
35.8

26.2

Term loans (1)
2.914%
2023
200.0

—

Senior notes - fixed rate (1)
2.650%
2019
—

250.0

Senior notes - fixed rate - Euro (1)
2.450%
2019
—

155.1

Senior notes - fixed rate (1)
3.625%
2020
74.0

74.0

Senior notes - fixed rate (1)
5.000%
2021
103.8

103.8

Senior notes - fixed rate (1)
3.150%
2022
88.3

88.3

Senior notes - fixed rate (1)
4.650%
2025
19.3

19.3

Senior notes - fixed rate (1)
4.500%
2029
400.0

—

Unamortized issuance costs and discounts
N/A
N/A
(9.9
)
(5.1
)
Total debt


$
1,029.1

$
787.6

 
 
 
 
 
(1) Senior notes (“the Notes”) and the term loans are guaranteed as to payment by Pentair plc and PISG
Debt Outstanding Matures on Calendar Year Basis
Debt outstanding, excluding unamortized issuance costs and discounts, at December 31, 2019 matures on a calendar year basis as follows:
In millions
2020
2021
2022
2023
2024
Thereafter
Total
Contractual debt obligation maturities
$
74.0

$
103.8

$
88.3

$
353.6

$
—

$
419.3

$
1,039.0