DEBT (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The following table summarizes the Company’s outstanding debt:

	September 30,		December 31,		September 30,
	2023		2022		2022
Long-term debt (including current portion)	$	9,597.4	$	9,591.6	$	9,589.5
Short-term borrowings	338.6		978.1		945.2
Total debt outstanding	$	9,936.0	$	10,569.7	$	10,534.7

Schedule of Short-term Debt

The following table summarizes the Company’s short-term borrowings:

	September 30,			December 31,			September 30,
	2023			2022			2022
Short-term borrowings:
Domestic commercial paper	$	338.5		$	938.5		$	889.3
Foreign facilities	0.1			39.6			55.9
Total	$	338.6		$	978.1		$	945.2
Weighted average interest rate:
Domestic commercial paper	5.5		%	4.6		%	3.3		%
Foreign facilities	6.2		%	6.7		%	4.4		%