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Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Summary of Debt Instruments

Our debt consisted of the following (in millions):

 

 

September 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Current portion of long-term debt

 

 

 

 

 

 

3.550% Senior Notes due 2025

 

$

-

 

 

$

863.0

 

3.050% Senior Notes due 2026

 

 

600.0

 

 

 

-

 

Total current portion of long-term debt

 

$

600.0

 

 

$

863.0

 

 

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

 

3.050% Senior Notes due 2026

 

$

-

 

 

$

600.0

 

4.700% Senior Notes due 2027

 

 

600.0

 

 

 

-

 

5.350% Senior Notes due 2028

 

 

500.0

 

 

 

500.0

 

5.050% Senior Notes due 2030

 

 

550.0

 

 

 

-

 

3.550% Senior Notes due 2030

 

 

257.5

 

 

 

257.5

 

2.600% Senior Notes due 2031

 

 

750.0

 

 

 

750.0

 

5.200% Senior Notes due 2034

 

 

700.0

 

 

 

700.0

 

5.500% Senior Notes due 2035

 

 

600.0

 

 

 

-

 

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

 

 

587.5

 

 

 

517.7

 

1.164% Euro Notes due 2027

 

 

587.5

 

 

 

517.7

 

3.518% Euro Notes due 2032

 

 

822.5

 

 

 

724.8

 

0.930% Swiss Notes due 2030

 

 

264.1

 

 

 

-

 

1.560% Swiss Notes due 2035

 

 

490.4

 

 

 

-

 

Debt discount and issuance costs

 

 

(48.5

)

 

 

(34.1

)

Adjustment related to interest rate swaps

 

 

(115.0

)

 

 

(158.6

)

Total long-term debt

 

$

7,512.6

 

 

$

5,341.6