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Debt

3 Months Ended

Mar. 31, 2012

Note 8: Debt

The Company's debt obligations were as follows (in millions):

	March 31, 2012			December 31, 2011

Senior notes:
Floating rate notes due June 2, 2014	$	250.0		$	250.0
6.375% notes due July 15, 2018		450.0			450.0
4.5% notes due June 1, 2021		250.0			250.0
7.0% notes due July 15, 2038		300.0			300.0
5.95% notes due June 1, 2041		250.0			250.0
Unamortized original issue discount		(3.8	)		(3.8	)
Other debt		89.2			70.0
Obligations under capital leases		22.3			18.6
		1,607.7			1,584.8
Current maturities		(33.1	)		(10.6	)
Long-term maturities	$	1,574.6		$	1,574.2

At March 31, 2012, the Company had issued:

●

$25.4 million of letters of credit under its $835.0 million Amended Credit Agreement leaving $809.6 million remaining available for future use under the Amended Credit Agreement, and

●

$114.0 million of letters of credit under its $250.0 million multi-currency revolving letter of credit facility leaving $136.0 million remaining available for use under this facility.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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