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Debt
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Debt Debt
In May 2023, the company repaid the €15.0 million fixed rate notes.
Short-term debt consisted of the following at September 30, 2023 and December 31, 2022:
(in millions)September 30, 2023December 31, 2022
€15.0 million fixed rate notes due May 2023, stated rate of 4.30%$— $16.0 
Total short-term debt$— $16.0 
Long-term debt consisted of the following at September 30, 2023 and December 31, 2022: 
(in millions)September 30, 2023December 31, 2022
$750.0 million fixed rate notes due March 2025, stated rate of 3.00% (1)
$748.9 $748.4 
$500.0 million fixed rate notes due June 2028, stated rate of 3.75%498.0 497.7 
$750.0 million fixed rate notes due March 2032, stated rate of 2.65%
742.7 741.7 
$750.0 million fixed rate notes due September 2043, stated rate of 5.30% (2)
743.9 743.7 
$700.0 million fixed rate notes due June 2048, stated rate of 4.15%691.2 690.9 
Total long-term debt$3,424.7 $3,422.4 
(1)The company maintained a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 3.11%.
(2)The company maintained a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 4.73%.
Long-term debt maturities, at par value, were as follows at September 30, 2023:  
(in millions)Par Value
2024$— 
2025750.0 
2026— 
2027— 
2028500.0 
Thereafter2,200.0