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DEBT (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The following table summarizes the Company’s outstanding debt:

			September 30,						December 31,						September 30,
			2025						2024						2024
Long-term debt (including current portion)			$	9,668.6					$	9,226.0					$	9,224.2
Short-term borrowings			1,846.9						662.4						915.5
Total debt outstanding			$	11,515.5					$	9,888.4					$	10,139.7

Schedule of Short-term Debt

The following table summarizes the Company’s short-term borrowings:

			September 30,						December 31,						September 30,
			2025						2024						2024
Domestic:
Domestic commercial paper			$	799.5					$	655.6					$	904.0
USD DDTL			750.0						—						—
Foreign:
EUR DDTL			293.3						—						—
Foreign facilities			4.1						6.8						11.5
Total			$	1,846.9					$	662.4					$	915.5
Weighted average interest rate:
Domestic			4.7		%				4.7		%				5.2		%
Foreign			2.8		%				3.1		%				3.4		%

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

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