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DEBT (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Debt Outstanding Debt outstanding at December 31, 2021 and 2020 was as follows:
 December 31,
 20212020
 (In millions)
Commercial paper (“CP”)$321.9 $— 
Notes, 2.30%, due June 2021
 500.0 
Notes, 3.60%, due Aug 2021
 300.0 
Notes, Floating Rate, due Aug 2021 300.0 
Notes, 3.30%, due Dec 2022
500.0 500.0 
Notes, 3.95%, due May 2023
400.0 400.0 
Notes, 2.60%, due December 2024
750.0 750.0 
Notes, 2.60%, due December 2025
400.0 400.0 
Notes, 3.25%, due June 2026
275.0 275.0 
Term loan, due August 2026700.0 — 
Debentures, 6.90%, due July 2028
125.0 125.0 
Notes, 3.1%, due May 2030
600.0 600.0 
Notes, 2.35%, due September 2031
1,000.0 — 
Notes, 7.00%, due July 2037
250.0 250.0 
Other3.2 2.2 
Total debt5,325.1 4,402.2 
Less short-term debt and current maturities(824.8)(1,101.1)
Less unamortized discounts and debt issuance costs(30.2)(23.8)
Total long-term debt, net of discount$4,470.1 $3,277.3 
Scheduled Future Maturities of Debt
Scheduled future maturities of debt at December 31, 2021, are as follows:
Years ending December 31,Amount
 (In millions)
2022$824.8 
2023404.7 
2024767.5 
2025417.5 
2026935.6 
Thereafter1,975.0 
Total debt$5,325.1