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STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 833.1 $ 806.2 $ 2,091.7 $ 2,201.3
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments [1] 10.4 106.1 293.2 (35.8)
Pension and other postretirement benefit adjustments:        
Amounts reclassified from AOCI [2] (3.2) (4.5) (10.0) (13.4)
Unrealized net gains on cash flow hedges:        
Amounts recognized in AOCI [3] 1.6 0.0 4.7 0.0
Amounts reclassified from AOCI [4] (1.0) (0.9) (2.8) (2.7)
Other comprehensive income (loss), net of tax 7.8 100.7 285.1 (51.9)
Comprehensive income $ 840.9 $ 906.9 $ 2,376.8 $ 2,149.4
[1] The three months ended September 30, 2025 and 2024 include unrealized gains (losses), net of taxes of $11.9 million and $(31.4) million, respectively, related to net investment hedges. The nine months ended September 30, 2025 and 2024 include unrealized losses, net of taxes of $(133.4) million and $(7.3) million, respectively, related to net investment hedges. See Note 12 for additional information.
[2] Net of taxes of $1.3 million and $1.6 million for the three months ended September 30, 2025 and 2024, respectively. Net of taxes of $3.5 million and $4.5 million for the nine months ended September 30, 2025 and 2024, respectively.
[3] Net of taxes of $(0.5) million for the three months ended September 30, 2025. Net of taxes of $(1.5) million for the nine months ended September 30, 2025. See Note 12 for additional information.
[4] Net of taxes of $0.3 million for the three months ended September 30, 2025 and 2024. Net of taxes of $0.9 million for the nine months ended September 30, 2025 and 2024.