DEBT (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The following table summarizes the Company’s outstanding debt:

	March 31,		December 31,		March 31,
	2024		2023		2023
Long-term debt (including current portion)	$	9,478.6	$	9,476.7	$	9,593.7
Short-term borrowings	1,256.3		374.2		1,481.3
Total debt outstanding	$	10,734.9	$	9,850.9	$	11,075.0

Schedule of Short-term Debt

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

	March 31,			December 31,			March 31,
	2024			2023			2023
Short-term borrowings:
Domestic commercial paper	$	1,235.3		$	347.7		$	1,452.3
Foreign facilities	21.0			26.5			29.0
Total	$	1,256.3		$	374.2		$	1,481.3
Weighted average interest rate:
Domestic commercial paper	5.5		%	5.5		%	5.1		%
Foreign facilities	3.5		%	3.6		%	3.7		%