Debt (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of our debt instruments are detailed as follows:

	September 30, 2017					December 31, 2016
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% Senior Notes, payable February 1, 2023; interest payable semiannually	$	625,116		600,000		615,006		600,000
2.00% Senior Notes, payable January 14, 2022; interest payable annually	626,828			590,667		556,460		525,984
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	355,262			354,400		—		—
U.S. commercial paper	122,000			122,000		283,800		283,800
European commercial paper	1,028,352			1,028,352		536,503		536,503
2015 Senior Credit Facility	18,055			18,055		60,672		60,672
Securitization facility, due December 19, 2017	—			—		500,000		500,000
Capital leases and other	10,579			10,579		11,643		11,643
Unamortized debt issuance costs	(6,607		)	(6,607	)	(7,117	)	(7,117	)
Total debt	2,779,585			2,717,446		2,556,967		2,511,485
Less current portion of long term debt and commercial paper	1,172,781			1,172,781		1,382,738		1,382,738
Long-term debt, less current portion	$	1,606,804		1,544,665		1,174,229		1,128,747