FINANCING (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Carrying Value of Debt

The components of our debt were as follows ($ in millions):

	June 30, 2023		December 31, 2022
U.S. dollar-denominated commercial paper	$	135.0	$	405.0
Delayed-Draw Term Loan due 2023	1,000.0		1,000.0
Euro Term Loan due 2025	300.0		294.4
Yen Term Loan due 2025	99.8		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 amounts	2,984.8		3,259.2
Less: aggregate unamortized debt discounts, premiums, and issuance costs	6.7		7.9
Long-term debt, carrying value	2,978.1		3,251.3
Less: current portion of long-term debt	999.9		999.7
Long-term debt, net of current maturities	$	1,978.2	$	2,251.6

Schedule of Short-Term Debt

The details of our outstanding Commercial Paper Programs as of June 30, 2023 were as follows ($ in millions):

	Carrying value (a)		Annual effective rate		Weighted average maturity (in days)
U.S. dollar-denominated commercial paper	$	134.8	5.39	%	17
(a) Net of unamortized debt discount.