XML 46 R36.htm IDEA: XBRL DOCUMENT v3.25.3
Debt (Details)
€ in Millions, £ in Millions, $ in Millions
9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2025
EUR (€)
Sep. 30, 2025
GBP (£)
Dec. 31, 2024
USD ($)
Short-Term Borrowings [Abstract]        
Short-term debt $ 24.1     $ 21.3
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross 6,308.7     6,073.0
Unamortized discount (8.8)     (9.5)
Unamortized debt issuance costs (24.4)     (27.4)
Unamortized deferred loss from settlement of interest rate swap (0.3)     (0.8)
Long-Term Debt, including current portion 6,275.2     6,035.3
Long-term debt, current portion (1,399.0)     0.0
Long-Term Debt 4,876.2     6,035.3
Credit Facility [Member]        
Credit Facilities [Abstract]        
Credit Facilities, maximum borrowing capacity $ 2,500.0      
Credit Facilities, expiration date Jun. 02, 2028      
Credit Facilities, amount outstanding $ 0.0      
Credit Facilities, covenant terms The Credit Facility has a financial covenant that requires us to maintain a Leverage Ratio of consolidated indebtedness to consolidated EBITDA (earnings before interest, taxes, depreciation, amortization and non-cash charges) of no more than 3.5 times for the most recently ended 12-month period.      
Credit Facilities, covenant compliance At September 30, 2025, we were in compliance with this covenant as our Leverage Ratio was 2.6 times.      
Uncommitted credit lines [Member]        
Credit Facilities [Abstract]        
Credit Facilities, maximum borrowing capacity $ 540.2      
Commercial Paper [Member]        
Credit Facilities [Abstract]        
Credit Facilities, maximum borrowing capacity 2,000.0      
Credit Facilities, amount outstanding 0.0      
Euro Commercial Paper [Member]        
Credit Facilities [Abstract]        
Credit Facilities, maximum borrowing capacity 500.0      
Credit Facilities, amount outstanding 0.0      
3.60% Senior Notes due 2026        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 1,400.0     1,400.0
Long-term debt, interest rate 3.60% 3.60% 3.60%  
€500 million 0.80% Senior Notes due 2027        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 585.3 € 500.0   520.3
Long-term debt, interest rate 0.80% 0.80% 0.80%  
2.45% Senior Notes due 2030        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 600.0     600.0
Long-term debt, interest rate 2.45% 2.45% 2.45%  
4.20% Senior Notes due 2030        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 600.0     600.0
Long-term debt, interest rate 4.20% 4.20% 4.20%  
€500 million 1.40% Senior Notes due 2031        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 585.3 € 500.0   520.3
Long-term debt, interest rate 1.40% 1.40% 1.40%  
2.60% Senior Notes due 2031        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 800.0     800.0
Long-term debt, interest rate 2.60% 2.60% 2.60%  
€600 million 3.70% Senior Notes due 2032        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 702.3 € 600.0   624.5
Long-term debt, interest rate 3.70% 3.70% 3.70%  
£325 million 2.25% Senior Notes due 2033        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 435.8   £ 325.0 407.9
Long-term debt, interest rate 2.25% 2.25% 2.25%  
5.30% Senior Notes due 2034        
Long-Term Debt [Abstract]        
 Long-Term Debt, Gross $ 600.0     $ 600.0
Long-term debt, interest rate 5.30% 5.30% 5.30%