Table:
|  | December 31, |  |
| --- | --- | --- |
| (In millions) | 2019 | 2018 |
| Short-term borrowings | $ 98.9 | $ 232.8 |
| Current portion of long-term debt | 16.7 | 4.9 |
| Total current debt | 115.6 | 237.7 |
| Total long-term debt, less current portion(1) | 3,698.6 | 3,236.5 |
| Total debt | 3,814.2 | 3,474.2 |
| Less: Cash and cash equivalents | (262.4) | (271.7) |
| Net debt | $ 3,551.8 | $ 3,202.5 |
Paragraphs:
Outstanding Indebtedness
At December 31, 2019 and 2018, our total debt outstanding consisted of the amounts set forth in the following table.
(1) Amounts are net of unamortized discounts and debt issuance costs of $25 million and $24 million as of December 31, 2019 and 2018, respectively. See Note 14, “Debt and Credit Facilities,” of the Notes to Consolidated Financial Statements for further details.
Question:
What is the percentage change of Net debt from 2018 to 2019?
Answer: (3551.8-3202.5)/3202.5 = 10.91