Long-term Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Summary of Long-term Debt

A summary of the Company's long-term debt follows:

(in millions)					Fair Value(1)
	June 30, 2025		December 31, 2024		June 30, 2025		December 31, 2024
2.20% Notes due 2032	$	550.0	$	550.0	$	466.1	$	448.7
2.75% Notes due 2030	750.0		750.0		693.2		672.2
3.75% Notes due 2027	600.0		600.0		592.2		584.1
Unamortized discount, debt issuance costs and other	(4.2)		(9.4)
Total debt	1,895.8		1,890.6
Less: current portion of debt	4.3		3.2
Long term-debt	$	1,891.5	$	1,887.4

(1)The fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities. Based on these inputs, the debt instruments are classified as Level 2 in the fair value hierarchy.