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Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt  
Schedule of debt

 

September 30, 2025

December 31, 2024

 

Carrying

Approximate

Carrying

Approximate

 

    

Amount

    

Fair Value

    

Amount

    

Fair Value

 

Revolving Credit Facility

$

 

$

 

$

 

$

U.S. Commercial Paper Program

 

 

 

 

 

 

Euro Commercial Paper Program

 

 

 

 

 

 

364-Day Delayed Draw Term Loan

Three-Year Delayed Draw Term Loan

2.050% Senior Notes due March 2025

 

 

 

 

400.0

 

398.0

4.750% Senior Notes due March 2026

349.8

 

 

351.1

 

 

349.5

 

350.0

0.750% Euro Senior Notes due May 2026

586.8

 

 

580.8

 

 

518.6

 

505.8

5.050% Senior Notes due April 2027

701.4

 

 

711.2

 

 

702.2

 

706.1

4.375% Senior Notes due June 2028

749.4

759.1

2.000% Euro Senior Notes due October 2028

586.1

 

 

576.0

 

 

518.2

 

505.9

5.050% Senior Notes due April 2029

449.7

 

 

463.7

 

 

449.6

 

452.4

4.350% Senior Notes due June 2029

499.8

 

 

504.1

 

 

499.8

 

489.1

2.800% Senior Notes due February 2030

899.7

 

 

850.8

 

 

899.6

 

814.1

2.200% Senior Notes due September 2031

748.4

 

 

665.8

 

 

748.2

 

624.9

3.125% Euro Senior Notes due June 2032

699.2

694.8

5.250% Senior Notes due April 2034

599.5

 

 

623.2

 

 

599.4

 

601.0

5.000% Senior Notes due January 2035

746.6

765.2

746.3

731.3

5.375% Senior Notes due November 2054

492.4

 

 

497.1

 

 

492.2

 

476.1

Other debt

 

2.2

 

 

2.2

 

 

4.3

 

4.3

Less: unamortized deferred debt issuance costs

 

(43.9)

 

 

 

 

(41.8)

 

Total debt

 

8,067.1

 

 

8,045.1

 

 

6,886.1

 

6,659.0

Less: current portion

 

937.6

 

932.9

 

 

401.7

 

399.7

Total long-term debt

$

7,129.5

 

$

7,112.2

 

$

6,484.4

$

6,259.3