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Borrowings (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
Borrowings consist of the following:
 March 31, 2023December 31, 2022
Short-term:
Commercial paper$513,900 $734,936 
Other667 836 
Short-term borrowings$514,567 $735,772 
Schedule of Long-term Debt
 
Carrying amount (1)
PrincipalMarch 31, 2023December 31, 2022
Long-term
3.15% 10-year notes due November 15, 2025
$400,000 $398,232 $398,063 
1.25% 10-year notes due November 9, 2026 (euro-denominated)
600,000 641,754 631,522 
0.750% 8-year notes due November 4, 2027 (euro-denominated)
500,000 534,164 525,654 
6.65% 30-year debentures due June 1, 2028
$200,000 199,481 199,456 
2.950% 10-year notes due November 4, 2029
$300,000 297,502 297,408 
5.375% 30-year debentures due October 15, 2035
$300,000 296,871 296,808 
6.60% 30-year notes due March 15, 2038
$250,000 248,307 248,279 
5.375% 30-year notes due March 1, 2041
$350,000 345,051 344,982 
Other— 341 
Total long-term debt$2,961,362 $2,942,513 
(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were $12.3 million and $12.7 million as of March 31, 2023 and December 31, 2022, respectively. Total deferred debt issuance costs were $10.3 million and $10.7 million as of March 31, 2023 and December 31, 2022, respectively.