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DEBT (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The following table summarizes the Company’s outstanding debt:
| March 31, |  | December 31, |  | March 31,
| 2025 |  | 2024 |  | 2024
Long-term debt (including current portion) | $ | 8,977.9 |  |  | $ | 9,226.0 |  |  | $ | 9,478.6 |
Short-term borrowings | 1,798.5 |  |  | 662.4 |  |  | 1,256.3 |
Total debt outstanding | $ | 10,776.4 |  |  | $ | 9,888.4 |  |  | $ | 10,734.9 |
Schedule of Short-term Debt | The following table summarizes the Company’s short-term borrowings:
| March 31, |  | December 31, |  | March 31,
| 2025 |  | 2024 |  | 2024
Domestic commercial paper | $ | 1,782.2 |  |  | $ | 655.6 |  |  | $ | 1,235.3 |
Foreign facilities | 16.3 |  |  | 6.8 |  |  | 21.0 |
Total | $ | 1,798.5 |  |  | $ | 662.4 |  |  | $ | 1,256.3 |
Weighted average interest rate: |  |  |  |  |
Domestic | 4.6 | % |  | 4.7 | % |  | 5.5 | %
Foreign | 3.1 | % |  | 3.1 | % |  | 3.5 | %

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