Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt [Abstract]

Debt obligations

The Company’s debt obligations were as follows:

	December 31,
(dollars in millions)	2013			2012
Senior notes:
Floating rate notes due June 2, 2014	$	250.0		$	250.0
1.6% notes due April 30, 2015		250.0			250.0
1.15% notes due December 15, 2016		250.0			–
6.375% notes due July 15, 2018		450.0			450.0
4.5% notes due June 1, 2021		250.0			250.0
3.6% notes due April 30, 2022		250.0			250.0
4.0% notes due December 15, 2023		250.0			–
7.0% notes due July 15, 2038		300.0			300.0
5.95% notes due June 1, 2041		250.0			250.0
5.125% notes due December 15, 2043		250.0			–
Unamortized original issue discount		(7.0	)		(4.1	)
Other debt		56.6			19.6
Obligations under capital leases		60.2			60.7
		2,859.8			2,076.2
Current maturities		(297.0	)		(29.2	)
Long-term maturities	$	2,562.8		$	2,047.0

Interest expensed and paid

Information on interest expensed and paid during the three years ended December 31, 2013 was as follows:

	Year Ended December 31
(dollars in millions)	2013		2012		2011
Interest expensed	$	114.5	$	104.4	$	92.4
Interest paid	$	105.1	$	96.7	$	102.8