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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt |
Schedule of debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | December 31, 2024 | ​ | December 31, 2023 |
​ |  | ​ |  | Carrying |  | Approximate |  | Carrying |  | Approximate |
​ |  | Maturity | ​ | Amount | ​ | Fair Value (1) | ​ | Amount | ​ | Fair Value (1) | ​
Revolving Credit Facility |  | March 2029 |  | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​
U.S. Commercial Paper Program (less unamortized discount of nil at December 31, 2024 and 2023) |  | March 2029 |  | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
Euro Commercial Paper Program |  | March 2029 |  | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
Term Loan Credit Facility |  | April 2024 |  | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
3.20% Senior Notes (less unamortized discount of nil at December 31, 2023) |  | April 2024 |  | ​ | — | ​ | ​ | — | ​ | ​ | 350.0 | ​ | ​ | 348.4 | ​
2.050% Senior Notes (less unamortized discount of nil and $0.2 at December 31, 2024 and 2023, respectively) |  | March 2025 |  | ​ | 400.0 | ​ | ​ | 398.0 | ​ | ​ | 399.8 | ​ | ​ | 386.8 | ​
4.750% Senior Notes (less unamortized discount of $0.5 and $0.9 at December 31, 2024 and 2023, respectively) | ​ | March 2026 | ​ | ​ | 349.5 | ​ | ​ | 350.0 | ​ | ​ | 349.1 | ​ | ​ | 350.6 | ​
0.750% Euro Senior Notes (less unamortized discount of $0.5 and $0.9 at December 31, 2024 and 2023, respectively) |  | May 2026 |  | ​ | 518.6 | ​ | ​ | 505.8 | ​ | ​ | 551.7 | ​ | ​ | 523.4 | ​
5.050% Senior Notes (plus unamortized premium of $2.2 at December 31, 2024) | ​ | April 2027 | ​ | ​ | 702.2 | ​ | ​ | 706.1 | ​ | ​ | — | ​ | ​ | — | ​
2.000% Euro Senior Notes (less unamortized discount of $1.1 and $1.3 at December 31, 2024 and 2023, respectively) |  | October 2028 |  | ​ | 518.2 | ​ | ​ | 505.9 | ​ | ​ | 551.4 | ​ | ​ | 531.4 | ​
5.050% Senior Notes (less unamortized discount of $0.4 at December 31, 2024) | ​ | April 2029 | ​ | ​ | 449.6 | ​ | ​ | 452.4 | ​ | ​ | — | ​ | ​ | — | ​
4.350% Senior Notes (less unamortized discount of $0.2 and $0.2 at December 31, 2024 and 2023, respectively) |  | June 2029 |  | ​ | 499.8 | ​ | ​ | 489.1 | ​ | ​ | 499.8 | ​ | ​ | 497.2 | ​
2.800% Senior Notes (less unamortized discount of $0.4 and $0.4 at December 31, 2024 and 2023, respectively) |  | February 2030 |  | ​ | 899.6 | ​ | ​ | 814.1 | ​ | ​ | 899.6 | ​ | ​ | 817.6 | ​
2.200% Senior Notes (less unamortized discount of $1.8 and $2.1 at December 31, 2024 and 2023, respectively) |  | September 2031 |  | ​ | 748.2 | ​ | ​ | 624.9 | ​ | ​ | 747.9 | ​ | ​ | 629.9 | ​
5.250% Senior Notes (less unamortized discount of $0.6 at December 31, 2024) | ​ | April 2034 | ​ | ​ | 599.4 | ​ | ​ | 601.0 | ​ | ​ | — | ​ | ​ | — | ​
5.000% Senior Notes (less unamortized discount of $3.7 at December 31, 2024) | ​ | January 2035 | ​ | ​ | 746.3 | ​ | ​ | 731.3 | ​ | ​ | — | ​ | ​ | — | ​
5.375% Senior Notes (less unamortized discount of $7.8 at December 31, 2024) | ​ | November 2054 | ​ | ​ | 492.2 | ​ | ​ | 476.1 | ​ | ​ | — | ​ | ​ | — | ​
Other debt |  | 2025-2031 |  | ​ | 4.3 | ​ | ​ | 4.3 | ​ |  | 9.5 | ​ | ​ | 9.5 | ​
Less: unamortized deferred debt issuance costs |  | ​ |  | ​ | (41.8) | ​ | ​ | — | ​ | ​ | (21.5) | ​ | ​ | — | ​
Total debt |  | ​ |  | ​ | 6,886.1 | ​ | ​ | 6,659.0 | ​ |  | 4,337.3 | ​ |  | 4,094.8 | ​
Less: current portion |  | ​ |  | ​ | 401.7 | ​ |  | 399.7 | ​ |  | 353.8 | ​ |  | 352.2 | ​
Total long-term debt |  | ​ |  | $ | 6,484.4 | ​ | $ | 6,259.3 | ​ | $ | 3,983.5 | ​ | $ | 3,742.6 | ​
(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 | ​
​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 401.9 |
2026 | ​ |  | 869.4 | ​
2027 | ​ |  | 702.8 | ​
2028 | ​ |  | 518.5 | ​
2029 | ​ |  | 949.5 | ​
Thereafter | ​ |  | 3,485.8 | ​
​ | ​ | $ | 6,927.9 | ​

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