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Debt (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Long-term Debt | The table below summarizes the carrying value of the Company’s outstanding debt, net of capitalized debt issuance costs:
| Due Date |  | 2021 |  | 2020 |  | 2019
3.45% Senior Notes | 2027 |  | $ | 1,490.4 |  |  | $ | 1,488.6 |  |  | $ | 1,486.8 |
4.50% Senior Notes | 2047 |  | 1,231.6 |  |  | 1,230.8 |  |  | 1,230.1 |
2.95% Senior Notes | 2029 |  | 792.6 |  |  | 791.7 |  |  | 790.7 |
3.80% Senior Notes | 2049 |  | 543.0 |  |  | 542.8 |  |  | 542.5 |
3.125% Senior Notes | 2024 |  | 498.3 |  |  | 497.7 |  |  | 497.0 |
2.30% Senior Notes | 2030 |  | 496.2 |  |  | 495.8 |  |  | — |
3.30% Senior Notes | 2050 |  | 493.9 |  |  | 493.7 |  |  | — |
2.20% Senior Notes | 2032 |  | 493.6 |  |  | — |  |  | — |
2.90% Senior Notes | 2052 |  | 491.3 |  |  | — |  |  | — |
3.45% Senior Notes | 2025 |  | 398.7 |  |  | 398.3 |  |  | 398.0 |
4.55% Senior Notes | 2045 |  | 394.7 |  |  | 394.5 |  |  | 394.3 |
3.95% Senior Notes | 2026 |  | 356.2 |  |  | 357.8 |  |  | 359.3 |
4.00% Senior Notes | 2042 |  | 296.7 |  |  | 296.6 |  |  | 296.4 |
2.75% Senior Notes | 2022 |  | 260.0 |  |  | 259.6 |  |  | 757.1 |
3.30% Senior Notes | 2025 |  | 249.6 |  |  | 249.5 |  |  | 249.4 |
4.40% Senior Notes | 2045 |  | 240.0 |  |  | 239.6 |  |  | 239.2 |
7.375% Debentures | 2027 |  | 119.2 |  |  | 119.1 |  |  | 119.1 |
7.45% Debentures | 2097 |  | 3.5 |  |  | 3.5 |  |  | 3.5 |
0.53% to 8.00% Promissory Notes | Through 2026 |  | 2.0 |  |  | 2.3 |  |  | 2.9 |
4.20% Senior Notes | 2022 |  | — |  |  | 405.7 |  |  | 411.3 |
0.92% Fixed Rate Loan | 2021 |  | — |  |  | 24.4 |  |  | 22.4 |
Floating Rate Loan | 2021 |  | — |  |  | — |  |  | 251.9 |
2.25% Senior Notes | 2020 |  | — |  |  | — |  |  | 428.6 |
Total (1) |  |  | 8,851.5 |  |  | 8,292.0 |  |  | 8,480.5 |
Less amounts due within one year |  |  | 260.6 |  |  | 25.1 |  |  | 429.8 |
Long-term debt |  |  | $ | 8,590.9 |  |  | $ | 8,266.9 |  |  | $ | 8,050.7 |
(1) Net of capitalized debt issuance costs of $57.6 million, $52.9 million and $50.6 million at December 31, 2021, 2020 and 2019, respectively.
Schedule of Short-term Debt | The table below summarizes the Company’s short-term borrowings:
| 2021 |  | 2020 |  | 2019
Domestic commercial paper | $ | 739.9 |  |  | $ | — |  |  | $ | 191.9 |
Foreign facilities | 23.6 |  |  | 0.1 |  |  | 12.8 |
Total | $ | 763.5 |  |  | $ | 0.1 |  |  | $ | 204.7 |
Weighted average interest rate: |  |  |  |  |
Domestic | 0.3 | % |  | — | % |  | 2.1 | %
Foreign | 9.5 | % |  | 0.2 | % |  | 4.3 | %

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