Long-term Debt (Tables)

9 Months Ended

Sep. 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)
	September 30, 2025		December 31, 2024		September 30, 2025		December 31, 2024
5.55% Notes due 2040	$	500.0	$	—	$	506.3	$	—
5.25% Notes due 2035	500.0		—		506.6		—
2.20% Notes due 2032	550.0		550.0		475.8		448.7
2.75% Notes due 2030	750.0		750.0		702.1		672.2
3.75% Notes due 2027	600.0		600.0		595.4		584.1
Unamortized discount and debt issuance costs	(28.3)		(16.4)
Other	11.6		7.0
Total debt	2,883.3		1,890.6
Less: current portion of debt	4.5		3.2
Long-term debt	$	2,878.8	$	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.