XML 51 R36.htm IDEA: XBRL DOCUMENT v3.22.4

DEBT AND INTEREST (Tables)

12 Months Ended

Dec. 31, 2022

DEBT AND INTEREST

Schedule of short-term debt obligations

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2022

​

2021

​

​

​

​

Average

​

Average

​

​

​

Carrying

​

Interest

​

Carrying

​

Interest

(millions)

​

Value

​

Rate

​

Value

​

Rate

Short-term debt

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Commercial paper

​

​

​

$-

​

​

-

%

​

​

$400.0

​

​

0.28

%

Notes payable

​

​

3.7

​

​

7.28

%

​

8.5

​

​

7.95

%

Long-term debt, current maturities

​

​

501.4

​

​

​

​

​

2.5

​

​

​

​

Total

​

​

​

$505.1

​

​

​

​

​

​

$411.0

​

​

​

​

​

Schedule of long-term debt obligations including current maturities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2022

​

2021

​

​

​

​

​

​

​

​

Stated

​

Effective

​

​

​

​

Stated

​

Effective

​

​

Maturity

​

Carrying

​

Interest

​

Interest

​

Carrying

​

Interest

​

Interest

(millions)

​

by Year

​

Value

​

Rate

​

Rate

​

Value

​

Rate

​

Rate

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Long-term debt

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Public notes (2022 principal amount)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Two year 2021 senior notes ($500 million)

​

2023

​

​

$498.7

​

0.90

%

​

1.19

%

​

​

$497.2

​

0.90

%

​

1.19

%

Seven year 2016 senior notes (€575 million)

​

2024

​

​

596.9

​

1.00

%

​

1.03

%

​

​

649.3

​

1.00

%

​

1.19

%

Ten year 2015 senior notes (€575 million)

​

2025

​

596.7

2.63

%

​

2.81

%

​

649.7

2.63

%

​

2.87

%

Ten year 2016 senior notes ($750 million)

​

2026

​

​

721.1

​

2.70

%

​

3.21

%

​

​

744.9

​

2.70

%

​

2.89

%

Ten year 2017 senior notes ($500 million)

​

2027

​

​

433.9

​

3.25

%

​

4.77

%

​

​

488.4

​

3.25

%

​

2.89

%

Six Year 2021 senior notes ($500 million)

​

2027

​

​

496.5

​

1.65

%

​

1.83

%

​

​

495.7

​

1.65

%

​

1.84

%

Five Year 2022 senior notes ($500 million)

​

2028

​

​

492.7

​

5.25

%

​

5.36

%

​

​

-

​

-

%

​

-

%

Ten year 2020 senior notes ($698 million)

​

2030

​

​

653.5

​

4.80

%

​

3.72

%

​

​

709.1

​

4.80

%

​

4.06

%

Ten year 2020 senior notes ($600 million)

​

2031

​

​

555.2

​

1.30

%

​

1.70

%

​

​

593.4

​

1.30

%

​

1.39

%

Eleven year 2021 senior notes ($650 million)

​

2032

​

​

644.6

​

2.13

%

​

2.24

%

​

​

644.0

​

2.13

%

​

2.24

%

Thirty year 2011 senior notes ($389 million)

​

2041

​

​

384.5

5.50

%

​

5.62

%

​

​

384.3

5.50

%

​

5.63

%

Thirty year 2016 senior notes ($200 million)

​

2046

​

​

197.3

3.70

%

​

3.81

%

​

​

197.2

3.70

%

​

3.81

%

Thirty year 2017 senior notes ($484 million)

​

2047

​

​

425.5

​

3.95

%

​

4.79

%

​

​

424.3

​

3.95

%

​

4.80

%

Thirty year 2020 senior notes ($500 million)

​

2050

​

​

490.7

​

2.13

%

​

2.23

%

​

​

490.4

​

2.13

%

​

2.24

%

Thirty year 2021 senior notes ($850 million)

​

2051

​

​

838.9

​

2.70

%

​

2.78

%

​

​

838.5

​

2.70

%

​

2.78

%

Thirty-four year 2021 senior notes ($685 million)

​

2055

​

​

537.2

​

2.75

%

​

3.86

%

​

​

535.3

​

2.75

%

​

3.87

%

Finance lease obligations and other

​

​

​

12.8

​

​

​

​

​

​

​

8.0

​

​

​

​

​

​

Total debt

​

​

​

8,576.7

​

​

​

​

​

​

​

8,349.7

​

​

​

​

​

​

Long-term debt, current maturities

​

​

​

(501.4)

​

​

​

​

​

​

​

(2.5)

​

​

​

​

​

​

Total long-term debt

​

​

​

​

$8,075.3

​

​

​

​

​

​

​

​

$8,347.2

​

​

​

​

​

​

​

Schedule of aggregate annual maturities of long-term debt

​

​	​	​	​
(millions)		​
2023	​	​	$501
2024	​		607
2025	​		597
2026	​		721
2027	​		930

​

Schedule of interest expense and interest income

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

(millions)

​

2022

2021

2020

Interest expense

​

​

$252.1

​

​

​

$230.6

​

​

​

$304.8

​

Interest income

(8.5)

​

​

(12.3)

​

​

(14.6)

​

Interest expense, net

​

​

$243.6

​

​

​

$218.3

​

​

​

$290.2

​

​

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