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Debt (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Summary of Debt Instruments

Our debt consisted of the following (in millions):

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Current portion of long-term debt

 

 

 

 

 

 

Short-Term Term Loan

 

$

-

 

 

$

83.0

 

2022 Five-Year Credit Agreement

 

 

585.0

 

 

 

375.0

 

3.700% Senior Notes due 2023

 

 

-

 

 

 

86.3

 

Total current portion of long-term debt

 

$

585.0

 

 

$

544.3

 

Long-term debt

 

 

 

 

 

 

1.450% Senior Notes due 2024

 

 

850.0

 

 

 

850.0

 

3.550% Senior Notes due 2025

 

 

863.0

 

 

 

863.0

 

3.050% Senior Notes due 2026

 

 

600.0

 

 

 

600.0

 

3.550% Senior Notes due 2030

 

 

257.5

 

 

 

257.5

 

2.600% Senior Notes due 2031

 

 

750.0

 

 

 

750.0

 

4.250% Senior Notes due 2035

 

 

253.4

 

 

 

253.4

 

5.750% Senior Notes due 2039

 

 

317.8

 

 

 

317.8

 

4.450% Senior Notes due 2045

 

 

395.4

 

 

 

395.4

 

2.425% Euro Notes due 2026

 

 

543.2

 

 

 

533.6

 

1.164% Euro Notes due 2027

 

 

543.2

 

 

 

533.6

 

Debt discount and issuance costs

 

 

(28.4

)

 

 

(30.1

)

Adjustment related to interest rate swaps

 

 

(140.3

)

 

 

(172.0

)

Total long-term debt

 

$

5,204.8

 

 

$

5,152.2