SHORT AND LONG-TERM DEBT - SCHEDULE OF SHORT-TERM DEBT (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Short-term debt	$ 1,289,648	$ 719,839
Commercial Paper
Line of Credit Facility [Line Items]
Short-term debt	$ 1,081,485	$ 527,561
Weighted average interest rate on outstanding commercial paper	5.40%	5.40%
Revolving Credit Facility \| Foreign Line of Credit
Line of Credit Facility [Line Items]
Short-term foreign bank borrowings against lines of credit	$ 208,163	$ 192,278

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

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Weighted average interest rate of short-term debt outstanding calculated at point in time.

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