XML 45 R31.htm IDEA: XBRL DOCUMENT
v3.22.4

DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Debt Disclosure [Abstract] |
Debt Outstanding | Debt outstanding at December 31, 2022 and 2021 was as follows:
| December 31,
| 2022 |  | 2021
| (In millions)
Commercial paper (“CP”) | $ | 566.8 |  |  | $ | 321.9 |
Notes, 3.30%, due Dec 2022 | — |  |  | 500.0 |
Notes, 3.95%, due June 2023 | 400.0 |  |  | 400.0 |
Notes, 2.60%, due December 2024 | 750.0 |  |  | 750.0 |
Notes, 2.60%, due December 2025 | 400.0 |  |  | 400.0 |
Notes, 3.25%, due June 2026 | 275.0 |  |  | 275.0 |
Term loan, due August 2026 | 700.0 |  |  | 700.0 |
Notes, 5.10%, due December 2027 | 750.0 |  |  | — |
Debentures, 6.90%, due July 2028 | 125.0 |  |  | 125.0 |
Notes, 3.1%, due May 2030 | 600.0 |  |  | 600.0 |
Notes, 2.35%, due September 2031 | 1,000.0 |  |  | 1,000.0 |
Notes, 7.00%, due July 2037 | 250.0 |  |  | 250.0 |
Other | 0.4 |  |  | 3.2 |
Total debt | 5,817.2 |  |  | 5,325.1 |
Less short-term debt and current maturities | (967.2) |  |  | (824.8) |
Less unamortized discounts and debt issuance costs | (29.9) |  |  | (30.2) |
Total long-term debt, net of discount | $ | 4,820.1 |  |  | $ | 4,470.1 |
Scheduled Future Maturities of Debt | Scheduled future maturities of debt at December 31, 2022, are as follows:
Years ending December 31, |  | Amount
|  | (In millions)
2023 |  | $ | 967.2 |
2024 |  | 771.9 |
2025 |  | 417.5 |
2026 |  | 935.6 |
2027 |  | 750.0 |
Thereafter |  | 1,975.0 |
Total debt |  | $ | 5,817.2 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration