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DEBT (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Debt Outstanding | Debt outstanding at December 31, 2023 and 2022 was as follows:
| December 31,
| 2023 |  | 2022
| (In millions)
Commercial paper (“CP”) | $ | 196.0 |  |  | $ | 566.8 |
Notes, 3.95%, due June 2023 | — |  |  | 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 | 695.6 |  |  | 700.0 |
Notes, 5.10%, due December 2027 | 750.0 |  |  | 750.0 |
Notes, 5.10%, due June 2028 | 700.0 |  |  | — |
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 |
Total debt | 5,741.6 |  |  | 5,817.2 |
Less short-term debt and current maturities | (963.4) |  |  | (967.2) |
Less unamortized discounts and debt issuance costs | (30.4) |  |  | (29.9) |
Total long-term debt, net | $ | 4,747.8 |  |  | $ | 4,820.1 |
Scheduled Future Maturities of Debt | Scheduled future maturities of debt at December 31, 2023, are as follows:
Years ending December 31, |  | Amount
|  | (In millions)
2024 |  | $ | 963.4 |
2025 |  | 417.6 |
2026 |  | 935.6 |
2027 |  | 750.0 |
2028 |  | 825.0 |
Thereafter |  | 1,850.0 |
Total debt |  | $ | 5,741.6 |

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- 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
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