XML 67 R54.htm IDEA: XBRL DOCUMENT v3.24.2
Debt - Long-term Borrowings (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Jul. 02, 2023
Debt Instrument [Line Items]      
Carrying Cost $ 3,984.9 $ 3,484.9 $ 3,759.3
Less: Deferred debt expenses 23.5 19.1 21.4
Less: Current portion 500.0 500.0 69.4
Long-term debt, carrying cost 3,461.4 2,965.8 3,668.5
Fair Value 3,826.2 3,349.1 3,556.6
Long-term debt, fair value $ 3,826.2 3,349.1 3,556.6
3.90% Notes Due 2029      
Debt Instrument [Line Items]      
Debt stated interest rate 3.90%    
Carrying Cost $ 900.0 900.0 900.0
Fair Value $ 830.9 839.8 814.9
3.55% Notes Due 2026      
Debt Instrument [Line Items]      
Debt stated interest rate 3.55%    
Carrying Cost $ 675.0 675.0 675.0
Fair Value $ 644.8 641.0 628.0
3.00% Notes Due 2024      
Debt Instrument [Line Items]      
Debt stated interest rate 3.00%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 494.6 488.4 481.6
6.35% Notes Due 2040      
Debt Instrument [Line Items]      
Debt stated interest rate 6.35%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 512.1 520.1 510.1
3.50% Notes Due 2027      
Debt Instrument [Line Items]      
Debt stated interest rate 3.50%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 471.5 472.2 466.6
6.05% Notes Due 2034      
Debt Instrument [Line Items]      
Debt stated interest rate 6.05%    
Carrying Cost $ 500.0 0.0 0.0
Fair Value $ 500.1 0.0 0.0
5.10% Notes Due 2044      
Debt Instrument [Line Items]      
Debt stated interest rate 5.10%    
Carrying Cost $ 300.0 300.0 300.0
Fair Value $ 258.0 271.6 264.6
6.60% Debentures Due 2028      
Debt Instrument [Line Items]      
Debt stated interest rate 6.60%    
Carrying Cost $ 109.9 109.9 109.9
Fair Value 114.2 116.0 116.4
Variable % Notes Due December 30, 2024      
Debt Instrument [Line Items]      
Carrying Cost 0.0 0.0 265.0
Fair Value 0.0 0.0 265.0
Production Financing Facilities      
Debt Instrument [Line Items]      
Carrying Cost 0.0 0.0 9.4
Fair Value $ 0.0 $ 0.0 $ 9.4