XML 33 R23.htm IDEA: XBRL DOCUMENT v3.23.1
FINANCING (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt The components of our debt were as follows ($ in millions):
March 31, 2023December 31, 2022
U.S. dollar-denominated commercial paper$245.0 $405.0 
Delayed-Draw Term Loan due 20231,000.0 1,000.0 
Euro Term Loan due 2025298.1 294.4 
Yen Term Loan due 2025108.4 109.8 
3.15% senior unsecured notes due 2026
900.0 900.0 
4.30% senior unsecured notes due 2046
550.0 550.0 
Long-term debt, principal amounts3,101.5 3,259.2 
Less: aggregate unamortized debt discounts, premiums, and issuance costs7.1 7.9 
Long-term debt, carrying value3,094.4 3,251.3 
Less: current portion of long-term debt999.8 999.7 
Long-term debt, net of current maturities$2,094.6 $2,251.6 
Schedule of Short-Term Debt
The details of our outstanding Commercial Paper Programs as of March 31, 2023 were as follows ($ in millions):
Carrying valueAnnual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$244.9 4.98 %30