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Borrowings (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
Borrowings consist of the following:
 June 30, 2024December 31, 2023
Short-term
Commercial paper$209,800 $467,600 
Other671 682 
Short-term borrowings$210,471 $468,282 
Schedule of Long-term Debt
 
Carrying amount (1)
PrincipalJune 30, 2024December 31, 2023
Long-term
3.15% 10-year notes due November 15, 2025
$400,000 $399,074 $398,737 
1.25% 10-year notes due November 9, 2026 (euro-denominated)
€600,000 640,321 657,628 
0.750% 8-year notes due November 4, 2027 (euro-denominated)
€500,000 532,893 547,342 
6.65% 30-year debentures due June 1, 2028
$200,000 199,607 199,557 
2.950% 10-year notes due November 4, 2029
$300,000 297,976 297,787 
5.375% 30-year debentures due October 15, 2035
$300,000 297,183 297,058 
6.60% 30-year notes due March 15, 2038
$250,000 248,449 248,392 
5.375% 30-year notes due March 1, 2041
$350,000 345,396 345,258 
Other15 — 
Total long-term debt$2,960,914 $2,991,759 
(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were $9.9 million and $10.9 million as of June 30, 2024 and December 31, 2023, respectively. Total deferred debt issuance costs were $8.0 million and $8.9 million as of June 30, 2024 and December 31, 2023, respectively.