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FINANCING (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt The carrying value of the components of our long-term debt as of December 31 were as follows ($ in millions):
20222021
U.S. dollar-denominated commercial paper$405.0 $365.0 
Delayed-Draw Term Loan due 20231,000.0 — 
Euro Term Loan due 2025294.4 — 
Yen Term Loan due 2025109.8 — 
3.15% senior unsecured notes due 2026
900.0 900.0 
4.30% senior unsecured notes due 2046
550.0 550.0 
Delayed-Draw Term Loan due 2022— 1,000.0 
0.875% senior convertible notes due 2022
— 1,156.5 
Long-term debt, principal amounts3,259.2 3,971.5 
Less: aggregate unamortized debt discounts, premiums, and issuance costs7.9 12.5 
Long-term debt, carrying value3,251.3 3,959.0 
Less: current portion of long-term debt999.7 2,151.7 
Long-term debt, net of current maturities$2,251.6 $1,807.3 
Schedule of Short-Term Debt The details of our Commercial Paper Programs as of December 31, 2022 were as follows ($ in millions):
Carrying valueWeighted average annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$404.4 4.8 %32
Schedule of Debt
Registered Notes SeriesCall Dates
3.15% senior unsecured notes due 2026
March 15, 2026
4.30% senior unsecured notes due 2046
December 15, 2045
Schedule of Maturities of Long-term Debt The future minimum principal payments due are presented in the following table:
Term
Loans		Registered NotesTotal
2023$1,000.0 $— $1,000.0 
2024— — — 
2025404.2 — 404.2 
2026— 900 900.0 
2027— — — 
Thereafter— 550.0 550.0 
Total principal payments (a)
$1,404.2 $1,450.0 $2,854.2 
(a) Not included in the table above are discounts, net of premiums and issuance costs associated with the Registered Notes and Commercial Paper, which totaled $8 million as of December 31, 2022, and have been recorded as an offset to the carrying amount of the related debt in the accompanying Consolidated Balance Sheet as of December 31, 2022. In addition, the table above does not include principal balance of $405 million under the Commercial Paper Program.