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Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Debt | Debt at December 31 consisted of the following:
| 2020 |  | 2019
Short-term commercial paper borrowings | $ | — |  |  | $ | 1,494.2 |
Long-term notes | 16,348.7 |  |  | 13,638.5 |
Other long-term debt | 14.8 |  |  | 12.9 |
Unamortized debt issuance costs | (89.1) |  |  | (73.6) |
Fair value adjustment on hedged long-term notes | 320.9 |  |  | 245.2 |
Total debt | 16,595.3 |  |  | 15,317.2 |
Less current portion | (8.7) |  |  | (1,499.3) |
Long-term debt | $ | 16,586.6 |  |  | $ | 13,817.9 |
Summary of Long-term Notes | The following table summarizes long-term notes at December 31:
| 2020 |  | 2019 |
2.35% notes due 2022 | $ | 750.0 |  |  | $ | 750.0 |  |
3.00% notes due 2022 | 99.2 |  |  | — |  |
1.00% Euro denominated notes due 2022 | 737.9 |  |  | 671.8 |  |
0.15% Swiss Franc denominated notes due 2024 | 679.7 |  |  | 618.3 |  |
7.125% notes due 2025 | 229.7 |  |  | 229.7 |  |
2.75% notes due 2025 | 560.6 |  |  | 560.6 |  |
1.625% Euro denominated notes due 2026 | 922.4 |  |  | 839.7 |  |
5.5% notes due 2027 | 377.5 |  |  | 377.5 |  |
3.1% notes due 2027 | 401.5 |  |  | 401.5 |  |
0.45% Swiss Franc denominated notes due 2028 | 453.2 |  |  | 412.2 |  |
3.375% notes due 2029 | 1,150.0 |  |  | 1,150.0 |  |
0.42% Japanese Yen denominated notes due 2029 | 222.4 |  |  | 209.9 |  |
2.125% Euro denominated notes due 2030 | 922.4 |  |  | 839.7 |  |
0.625% Euro denominated notes due 2031 | 737.9 |  |  | 671.8 |  |
0.56% Japanese Yen denominated notes due 2034 | 90.0 |  |  | 85.0 |  |
6.77% notes due 2036 | 174.4 |  |  | 174.4 |  |
5.55% notes due 2037 | 476.2 |  |  | 476.2 |  |
5.95% notes due 2037 | 284.1 |  |  | 284.1 |  |
3.875% notes due 2039 | 360.7 |  |  | 360.7 |  |
4.65% notes due 2044 | 43.0 |  |  | 43.0 |  |
3.7% notes due 2045 | 412.5 |  |  | 412.5 |  |
3.95% notes due 2047 | 436.1 |  |  | 436.1 |  |
3.95% notes due 2049 | 1,500.0 |  |  | 1,500.0 |  |
1.7% Euro denominated notes due 2049 | 1,229.9 |  |  | 1,119.6 |  |
0.97% Japanese Yen denominated notes due 2049 | 74.1 |  |  | 70.0 |  |
2.25% notes due 2050 | 1,250.0 |  |  | — |  |
4.15% notes due 2059 | 1,000.0 |  |  | 1,000.0 |  |
2.5% notes due 2060 | 850.0 |  |  | — |  |
Unamortized note discounts | (76.7) |  |  | (55.8) |  |
Total long-term notes | $ | 16,348.7 |  |  | $ | 13,638.5 |  |
Schedule of Maturities of Long-term Debt | The aggregate amounts of maturities on long-term debt for the next five years are as follows:
| 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025
Maturities on long-term debt | $ | 6.0 |  |  | $ | 1,590.2 |  |  | $ | 2.3 |  |  | $ | 681.1 |  |  | $ | 790.3 |
Schedule of Additional Borrowings Disclosures | The aggregate amount of cash payments for interest on borrowings, net of capitalized interest, are as follows:
| 2020 |  | 2019 |  | 2018
Cash payments for interest on borrowings | $ | 345.8 |  |  | $ | 305.5 |  |  | $ | 223.8 |

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