Debt (Tables)

6 Months Ended

Jun. 30, 2017

Debt

Schedule of Debt

	June 30, 2017				December 31, 2016
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
Commercial Paper Program		654.7		654.7		1,018.9		1,018.9
1.55% Senior Notes due September 2017		375.0		375.0		374.9		375.4
2.55% Senior Notes due January 2019		749.6		756.6		749.5		758.3
2.20% Senior Notes due April 2020		399.7		400.9		—		—
3.125% Senior Notes due September 2021		374.8		383.9		374.8		380.4
4.00% Senior Notes due February 2022		499.4		530.2		499.4		523.7
3.20% Senior Notes due April 2024		349.6		353.9		—		—
Notes payable to foreign banks and other debt		9.0		9.0		5.5		5.5
Less deferred debt issuance costs		(15.2)		—		(12.3)		—
Total debt		3,396.6		3,464.2		3,010.7		3,062.2
Less current portion		376.0		376.0		375.2		375.7
Total long-term debt	$	3,020.6	$	3,088.2	$	2,635.5	$	2,686.5