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DEBT (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The following table summarizes the Company’s outstanding debt:
June 30,December 31,June 30,
202220212021
Long-term debt (including current portion)$8,594.2 $8,851.5 $8,290.9 
Short-term borrowings2,012.0 763.5 762.1 
Total debt outstanding$10,606.2 $9,615.0 $9,053.0 
Schedule of Short-term Debt The table below summarizes the Company’s short-term borrowings:
June 30,December 31,June 30,
202220212021
Short-term borrowings:
Domestic commercial paper$1,708.8 $739.9 $758.9 
Revolving credit facility250.0 — — 
Foreign facilities53.2 23.6 3.2 
Total$2,012.0 $763.5 $762.1 
Weighted average interest rate:
Domestic commercial paper1.7 %0.3 %0.2 %
Revolving credit facility2.6 %— %— %
Foreign facilities6.5 %9.5 %4.0 %