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Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
Debt at December 31 consisted of the following:
20212020
Long-term notes $16,741.2 $16,348.7 
Other long-term debt10.8 14.8 
Unamortized debt issuance costs(84.2)(89.1)
Fair value adjustment on hedged long-term notes216.9 320.9 
Total debt16,884.7 16,595.3 
Less current portion(1,538.3)(8.7)
Long-term debt$15,346.4 $16,586.6 
Summary of Long-term Notes
The following table summarizes long-term notes at December 31:
20212020
2.35% notes due 2022
$750.0 $750.0 
3.00% notes due 2022
99.2 99.2 
1.00% euro denominated notes due 2022
678.2 737.9 
0.15% Swiss franc denominated notes due 2024
654.7 679.7 
7.125% notes due 2025
217.5 229.7 
2.75% notes due 2025
560.6 560.6 
1.625% euro denominated notes due 2026
847.7 922.4 
5.5% notes due 2027
364.3 377.5 
3.1% notes due 2027
401.5 401.5 
0.45% Swiss franc denominated notes due 2028
436.4 453.2 
3.375% notes due 2029
930.6 1,150.0 
0.42% Japanese yen denominated notes due 2029
199.0 222.4 
2.125% euro denominated notes due 2030
847.7 922.4 
0.625% euro denominated notes due 2031
678.2 737.9 
0.50% euro denominated notes due 2033
678.2 — 
0.56% Japanese yen denominated notes due 2034
80.5 90.0 
6.77% notes due 2036
158.6 174.4 
5.55% notes due 2037
444.7 476.2 
5.95% notes due 2037
266.8 284.1 
3.875% notes due 2039
240.3 360.7 
1.625% British pound denominated notes due 2043
337.1 — 
4.65% notes due 2044
38.3 43.0 
3.7% notes due 2045
386.8 412.5 
3.95% notes due 2047
347.0 436.1 
3.95% notes due 2049
958.2 1,500.0 
1.70% euro denominated notes due 2049
1,130.3 1,229.9 
0.97% Japanese yen denominated notes due 2049
66.3 74.1 
2.25% notes due 2050
1,250.0 1,250.0 
1.125% euro denominated notes due 2051
565.2 — 
4.15% notes due 2059
591.3 1,000.0 
2.50% notes due 2060
850.0 850.0 
1.375% euro denominated notes due 2061
791.2  
Unamortized note discounts(105.2)(76.7)
Total long-term notes$16,741.2 $16,348.7 
Schedule of Maturities of Long-term Debt
The aggregate amounts of maturities on long-term debt for the next five years are as follows:
20222023202420252026
Maturities on long-term debt$1,531.5 $3.3 $657.1 $778.9 $847.9 
Schedule of Additional Borrowings Disclosures
The aggregate amount of cash payments for interest on borrowings, net of capitalized interest, are as follows:
202120202019
Cash payments for interest on borrowings$338.0 $345.8 $305.5