Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt

Schedule of debt

	March 31, 2025				December 31, 2024
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
U.S. Commercial Paper Program		638.9		638.9		—		—
Euro Commercial Paper Program		—		—		—		—
2.050% Senior Notes due March 2025		—		—		400.0		398.0
4.750% Senior Notes due March 2026		349.6		351.2		349.5		350.0
0.750% Euro Senior Notes due May 2026		538.6		527.7		518.6		505.8
5.050% Senior Notes due April 2027		701.9		709.6		702.2		706.1
2.000% Euro Senior Notes due October 2028		539.1		522.8		518.2		505.9
5.050% Senior Notes due April 2029		449.6		458.4		449.6		452.4
4.350% Senior Notes due June 2029		499.8		495.7		499.8		489.1
2.800% Senior Notes due February 2030		899.7		830.8		899.6		814.1
2.200% Senior Notes due September 2031		748.2		646.3		748.2		624.9
5.250% Senior Notes due April 2034		599.5		608.5		599.4		601.0
5.000% Senior Notes due January 2035		746.4		746.6		746.3		731.3
5.375% Senior Notes due November 2054		492.3		489.0		492.2		476.1
Other debt		2.9		2.9		4.3		4.3
Less: unamortized deferred debt issuance costs		(39.6)		—		(41.8)		—
Total debt		7,166.9		7,028.4		6,886.1		6,659.0
Less: current portion		350.8		352.4		401.7		399.7
Total long-term debt	$	6,816.1	$	6,676.0	$	6,484.4	$	6,259.3