Borrowings and Capital Leases (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Schedule of Borrowings

Below is a summary of the SAIIDAC Notes as of September 30, 2018:

(In millions, except %)	Aggregate amount		Coupon rate		Carrying amount as of September 30, 2018
Fixed-rate notes due 2019	$	3,300.0	1.900	%	$	3,295.3
Fixed-rate notes due 2021	3,300.0		2.400	%	3,289.0
Fixed-rate notes due 2023	2,500.0		2.875	%	2,490.8
Fixed-rate notes due 2026	3,000.0		3.200	%	2,983.8
	$	12,100.0			$	12,058.9

Following repayment of the $375.0 million floating-rate notes and the $375.0 million fixed-rate notes due in June 2018 and the subsequent $2.3 billion bond tender offer on September 11, 2018, the remaining Baxalta Notes as of September 30, 2018 are shown below:

(In millions, except %)	Aggregate principal		Coupon rate		Carrying amount as of September 30, 2018
Fixed-rate notes due 2020	$	404.5	2.875	%	$	403.0
Fixed-rate notes due 2022	219.4		3.600	%	221.9
Fixed-rate notes due 2025	800.5		4.000	%	799.7
Fixed-rate notes due 2045	500.4		5.250	%	515.3
Total assumed Senior Notes	$	1,924.8			$	1,939.9

(In millions)	September 30, 2018		December 31, 2017
Short term borrowings and capital leases:
SAIIDAC Notes	$	3,295.3	$	—
Baxalta Notes	—		748.8
Borrowings under the Revolving Credit Facilities Agreement	915.0		810.0
Borrowings under the November 2015 Facilities Agreement	—		1,196.3
Capital leases	9.5		7.5
Other borrowings	28.9		26.1
	$	4,248.7	$	2,788.7
Long term borrowings and capital leases:
SAIIDAC Notes	$	8,763.6	$	12,050.2
Baxalta Notes	1,939.9		4,308.9
Capital leases	357.3		341.7
Other borrowings	37.2		51.6
	$	11,098.0	$	16,752.4
Total borrowings and capital leases	$	15,346.7	$	19,541.1