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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table sets forth the Company’s long-term debt at December 31, (in millions):
 Maturity20242023
Senior notes at 3.35%
2026$399.2 $398.6 
Senior notes at 3.15%
2027298.6 298.0 
Senior notes at 3.50%
2028447.7 447.0 
Senior notes at 2.300%
2031297.2 296.7 
Term loan, net of current portion of $0 million and $15 million, respectively
2026— 582.9 
TOTAL LONG-TERM DEBT(a)
       $1,442.7 $2,023.2 
(a) Long-term debt is presented net of debt issuance costs and unamortized discounts.
Other information related to short-term debt at December 31, is summarized below:
 20242023
Weighted average interest rate on short-term debt:  
At year end4.49 %5.66 %