XML 74 R45.htm IDEA: XBRL DOCUMENT v3.24.0.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Debt Disclosure [Abstract]    
Schedule of Maturities of Long-term Debt [Table Text Block]  
The scheduled payments of long-term debt at the end of 2023 are summarized as follows:
2024$1,001.1 
20251,000.0 
2026500.0 
2027600.0 
2028— 
Thereafter1,981.0 
Total scheduled payments5,082.1 
Less current portion(1,001.1)
Long-term debt, due beyond one year$4,081.0 
Short-term borrowings and current portion of long-term debt  
Short-term borrowings and current portion of long-term debt at December 31, 2023, and 2022 consisted of the following:
December 31, 2023December 31, 2022
4.00% senior notes due 2023— 300.0 
2.30% senior notes due 2024
400.0 — 
3.25% senior note due 2024
600.0 — 
Debt issuance costs(1.3)(0.4)
Current portion of note payable1.1 1.7 
Total short-term borrowings and current portion of long-term debt$999.8 $301.3 
Long-term debt
Long-term debt at December 31, 2023, and 2022 consisted of the following:
December 31, 2023December 31, 2022
2.30% senior notes due 2024— 400.0 
3.25% senior notes due 2024— 600.0 
3.60% senior notes due 20251,000.0 1,000.0 
1.55% senior notes due 2026500.0 500.0 
3.60% senior notes due 2027600.0 600.0 
2.95% senior notes due 2029650.0 650.0 
2.70% senior notes due 2031430.4 420.3 
4.70% senior notes due 2045900.0 900.0 
Debt issuance costs(26.3)(33.8)
Note payable0.6 2.3 
Total long-term debt$4,054.7 $5,038.8 
 
Schedule of Long-term Debt Instruments
Long-term debt at December 31, 2023, and 2022 consisted of the following:
December 31, 2023December 31, 2022
2.30% senior notes due 2024— 400.0 
3.25% senior notes due 2024— 600.0 
3.60% senior notes due 20251,000.0 1,000.0 
1.55% senior notes due 2026500.0 500.0 
3.60% senior notes due 2027600.0 600.0 
2.95% senior notes due 2029650.0 650.0 
2.70% senior notes due 2031430.4 420.3 
4.70% senior notes due 2045900.0 900.0 
Debt issuance costs(26.3)(33.8)
Note payable0.6 2.3 
Total long-term debt$4,054.7 $5,038.8