Borrowings (Tables)

6 Months Ended

Jun. 30, 2016

Borrowings [Abstract]

Schedule of Borrowings

	June 30,	December 31,
	2016	2015
	$’M	$’M
	_____________	_____________
Short term borrowings:
Borrowings under the Revolving Credit Facilities Agreement	905.0	750.0
Borrowings under the November 2015 Facilities Agreement	1,788.3	-
Borrowings under the January 2015 Facilities Agreement	-	750.0
Other borrowings	16.6	11.5
Capital lease obligations (current portion)	5.3
	_____________	_____________
	2,715.2	1,511.5
Long term borrowings:
Senior notes	5,114.0	-
Borrowings under the January 2016 Facilities Agreement	12,341.6	-
Borrowings under the November 2015 Facilities Agreement	3,792.1	-
Other borrowings	64.4	69.9
Capital lease obligations (long term portion)	343.6	-
	_____________	_____________
	24,370.9	1,581.4
	_____________	_____________

(in millions, except for percentage information)	Aggregate Principal	Coupon Rate	Effective interest rate in 2016	Carrying amount at June 30, 2016
Variable-rate notes due 2018	375.0	LIBOR plus 0.78%	1.43%	370.3
Fixed-rate notes due 2018	375.0	2.000%	2.2%	374.7
Fixed-rate notes due 2020	1,000.0	2.875%	3.0%	1,020.0
Fixed-rate notes due 2022	500.0	3.600%	3.7%	509.1
Fixed-rate notes due 2025	1,750.0	4.000%	4.2%	1,807.6
Fixed-rate notes due 2045	1,000.0	5.250%	5.6%	1,032.3
				_______________
Total assumed Senior Notes				5,114.0

Debt maturities and future payments on capital lease obligations

	$'M
2016 (remaining six months)	1,010.0
2017	2,231.0
2018	15,574.8
2019	44.2
2020	1,946.7
2021	18.5
Thereafter	3,621.3
Total obligations	24,446.5
Fair value hedges, unamortized bond premium and deferred financing costs	(75.6)
Total debt and capital lease obligations	24,370.9