Borrowings (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Short-term Debt

Borrowings consisted of the following:

	September 30, 2022		December 31, 2021
Short-term:
Commercial paper	$	788,034	$	105,000
Other	826		702
Short-term borrowings	$	788,860	$	105,702

Long-term Debt

			Carrying amount (1)
	Principal		September 30, 2022		December 31, 2021
Long-term
3.15% 10-year notes due November 15, 2025	$	400,000	$	397,895	$	397,389
1.25% 10-year notes due November 9, 2026 (euro-denominated)	€	600,000	577,288		674,217
0.750% 8-year notes due November 4, 2027 (euro-denominated)	€	500,000	480,484		561,293
6.65% 30-year debentures due June 1, 2028	$	200,000	199,431		199,356
2.950% 10-year notes due November 4, 2029	$	300,000	297,313		297,029
5.375% 30-year debentures due October 15, 2035	$	300,000	296,746		296,559
6.60% 30-year notes due March 15, 2038	$	250,000	248,251		248,166
5.375% 30-year notes due March 1, 2041	$	350,000	344,913		344,705
Other			341		—
Total long-term debt			$	2,842,662	$	3,018,714

(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were

$12.8 million and $15.1 million as of September 30, 2022 and December 31, 2021, respectively. Total deferred debt issuance costs were $11.2 million and $12.5 million as of September 30, 2022 and December 31, 2021, respectively.