DEBT (Tables)

12 Months Ended

Dec. 31, 2024

Debt outstanding at December 31, 2024 and 2023 was as follows:


	December 31,
	2024		2023
	(In millions)
Commercial paper (“CP”)	$	286.5	$	196.0








Notes, 2.60%, due December 2024	—		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 2026	—		695.6
Notes, 5.10%, due December 2027	750.0		750.0
Notes, 5.10%, due June 2028	700.0		700.0
Debentures, 6.90%, due July 2028	125.0		125.0
Notes, 4.80%, due September 2029	650.0		—
Notes, 3.10%, due May 2030	600.0		600.0
Notes, 2.35%, due September 2031	1,000.0		1,000.0
Notes, 7.00%, due July 2037	250.0		250.0

Other	1.2		—
Total debt	5,037.7		5,741.6
Less short-term debt and current maturities	(687.7)		(963.4)
Less unamortized discounts and debt issuance costs	(27.2)		(30.4)
Total long-term debt, net	$	4,322.8	$	4,747.8

Scheduled future maturities of debt at December 31, 2024 are as follows: