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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Long-Term Debt |
December 31 (in millions) |  | 2022 |  |  | 2021 |
0.650% Senior Notes, due 2023 (discharged) |  | $ | 699.1 |  |  | $ | 697.4 |
4.250% Senior Notes, due 2024 |  |  | 398.9 |  |  |  | 398.3 |
7% Debentures, due 2025 |  |  | 124.7 |  |  |  | 124.6 |
3.450% Senior Notes, due 2027 |  |  | 298.3 |  |  |  | 297.9 |
3.500% Senior Notes, due 2027 |  |  | 491.5 |  |  |  | 496.4 |
2.500% Senior Notes, due 2030 |  |  | 470.5 |  |  |  | 491.1 |
2.400% Senior Notes, due 2031 |  |  | 888.6 |  |  |  | 891.8 |
6.25% Senior Notes, due 2037 |  |  | 228.4 |  |  |  | 228.3 |
4.250% Senior Notes, due 2047 |  |  | 590.2 |  |  |  | 592.1 |
3.200% Senior Notes, due 2051 |  |  | 849.8 |  |  |  | 882.9 |
Other notes |  |  | — |  |  |  | 0.1 |
Total debt |  |  | 5,040.0 |  |  |  | 5,100.9 |
Less: current maturities |  |  | (699.1 | ) |  |  | (0.1 | )
Long-term debt |  | $ | 4,340.9 |  |  | $ | 5,100.8 |
Schedule of Principal Amount, Effective Interest Rate and Maturity Date for Corporation's Senior Notes |
|  | Principal Amount (in millions) |  |  | Effective Interest Rate |  | Maturity Date
0.650% Senior Notes (discharged) |  | $ | 700.0 |  |  | 0.78% |  | July 15, 2023
4.250% Senior Notes |  | $ | 400.0 |  |  | 4.40% |  | July 2, 2024
7% Debentures |  | $ | 125.0 |  |  | 7.05% |  | December 1, 2025
3.450% Senior Notes |  | $ | 300.0 |  |  | 3.55% |  | June 1, 2027
3.500% Senior Notes |  | $ | 494.6 |  |  | 3.61% |  | December 15, 2027
2.500% Senior Notes |  | $ | 478.0 |  |  | 2.70% |  | March 15, 2030
2.400% Senior Notes |  | $ | 895.9 |  |  | 2.48% |  | July 15, 2031
6.25% Senior Notes |  | $ | 230.0 |  |  | 6.32% |  | May 1, 2037
4.250% Senior Notes |  | $ | 597.9 |  |  | 4.32% |  | December 15, 2047
3.200% Senior Notes |  | $ | 865.9 |  |  | 3.29% |  | July 15, 2051
Schedule of Corporation's Long-Term Debt Maturities | The Company’s long-term debt maturities, including the discharged 0.650% Senior Notes, for the five years following December 31, 2022, and thereafter are:
(in millions) |  |  |
2023 |  | $ | 699.1 |
2024 |  |  | 398.9 |
2025 |  |  | 124.7 |
2026 |  |  | — |
2027 |  |  | 789.8 |
Thereafter |  |  | 3,027.5 |
Total |  | $ | 5,040.0 |

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