XML 51 R30.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Long-Term Debt |
Schedule of debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | December 31, 2021 | ​ | December 31, 2020 |
​ |  | ​ |  | Carrying |  | Approximate |  | Carrying |  | Approximate |
​ |  | Maturity | ​ | Amount | ​ | Fair Value (1) | ​ | Amount | ​ | Fair Value (1) | ​
Revolving Credit Facility |  | November 2026 |  | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​
U.S. Commercial Paper Program (less unamortized discount of nil and nil at December 31, 2021 and 2020, respectively) |  | November 2026 |  | ​ | 795.2 | ​ | ​ | 795.2 | ​ | ​ | — | ​ | ​ | — | ​
Euro Commercial Paper Program (plus unamortized premium of nil and nil at December 31, 2021 and 2020, respectively) |  | November 2026 |  | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
3.125% Senior Notes (less unamortized discount of nil at December 31, 2020 |  | September 2021 |  | ​ | — | ​ | ​ | — | ​ | ​ | 227.7 | ​ | ​ | 231.6 | ​
4.00% Senior Notes (less unamortized discount of $0.1 at December 31, 2020 |  | February 2022 |  | ​ | — | ​ | ​ | — | ​ | ​ | 294.9 | ​ | ​ | 303.6 | ​
3.20% Senior Notes (less unamortized discount of $0.1 and $0.2 at December 31, 2021 and 2020, respectively) |  | April 2024 |  | ​ | 349.9 | ​ | ​ | 363.5 | ​ | ​ | 349.8 | ​ | ​ | 378.1 | ​
2.050% Senior Notes (less unamortized discount of $0.4 and $0.6 at December 31, 2021 and 2020, respectively) |  | March 2025 |  | ​ | 399.6 | ​ | ​ | 407.4 | ​ | ​ | 399.4 | ​ | ​ | 420.7 | ​
0.750% Euro Senior Notes (less unamortized discount of $1.8 and $2.4 at December 31, 2021 and 2020, respectively) |  | May 2026 |  | ​ | 565.5 | ​ | ​ | 579.0 | ​ | ​ | 608.4 | ​ | ​ | 633.6 | ​
2.000% Euro Senior Notes (less unamortized discount of $1.9 and $2.4 at December 31, 2021 and 2020, respectively) |  | October 2028 |  | ​ | 565.4 | ​ | ​ | 626.7 | ​ | ​ | 608.4 | ​ | ​ | 694.9 | ​
4.350% Senior Notes (less unamortized discount of $0.3 and $0.4 at December 31, 2021 and 2020, respectively) |  | June 2029 |  | ​ | 499.7 | ​ | ​ | 567.7 | ​ | ​ | 499.6 | ​ | ​ | 608.4 | ​
2.800% Senior Notes (less unamortized discount of $0.6 and $0.6 at December 31, 2021 and 2020, respectively) |  | February 2030 |  | ​ | 899.4 | ​ | ​ | 928.3 | ​ | ​ | 899.4 | ​ | ​ | 987.8 | ​
2.200% Senior Notes (less unamortized discount of $2.7 at December 31, 2021 |  | September 2031 |  | ​ | 747.3 | ​ | ​ | 733.4 | ​ | ​ | — | ​ | ​ | — | ​
Other debt |  | 2022-2032 |  | ​ | 8.6 | ​ | ​ | 8.6 | ​ |  | 6.7 | ​ | ​ | 6.7 | ​
Less: unamortized deferred debt issuance costs |  | ​ |  | ​ | (30.7) | ​ | ​ | — | ​ | ​ | (27.8) | ​ | ​ | — | ​
Total debt |  | ​ |  | ​ | 4,799.9 | ​ | ​ | 5,009.8 | ​ |  | 3,866.5 | ​ |  | 4,265.4 | ​
Less: current portion |  | ​ |  | ​ | 4.0 | ​ |  | 4.0 | ​ |  | 230.3 | ​ |  | 234.2 | ​
Total long-term debt |  | ​ |  | $ | 4,795.9 | ​ | $ | 5,005.8 | ​ | $ | 3,636.2 | ​ | $ | 4,031.2 | ​
(1) | The fair value of each series of the Company’s Senior Notes is based on recent bid prices in an active market and is therefore classified as Level 1 in the fair value hierarchy (Note 5).
​
Schedule of maturity of the Company's debt (exclusive of unamortized deferred debt issuance costs) over each of the next five years and thereafter | ​
​ | ​ | ​ | ​ | ​
2022 | ​ | $ | 4.0 |
2023 | ​ |  | 1.1 | ​
2024 | ​ |  | 350.1 | ​
2025 | ​ |  | 400.4 | ​
2026 | ​ |  | 1,362.6 | ​
Thereafter | ​ |  | 2,712.4 | ​
​ | ​ | $ | 4,830.6 | ​

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration