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DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Debt Disclosure [Abstract] |
Short-term borrowings and current portion of long-term debt | Short-term borrowings and the current portion of long-term debt consisted of the following:
| December 31,
| 2025 |  | 2024
3.60% senior notes due 2025 | $ | — |  |  | $ | 1,000.0 |
1.55% senior notes due 2026 | 500.0 |  |  | — |
Debt issuance costs | (0.2) |  |  | (0.1) |
Current portion of note payable | 0.3 |  |  | 0.4 |
Total Short-term borrowings and current portion of long-term debt | $ | 500.1 |  |  | $ | 1,000.3 |
Schedule of Long-term Debt Instruments | Long-term debt consisted of the following:
| December 31,
| 2025 |  | 2024
1.55% senior notes due 2026 | $ | — |  |  | $ | 500.0 |
3.60% senior notes due 2027 | 600.0 |  |  | 600.0 |
2.95% senior notes due 2029 | 650.0 |  |  | 650.0 |
4.35% senior notes due 2030 | 650.0 |  |  | 650.0 |
2.70% senior notes due 2031 | 447.3 |  |  | 423.2 |
4.55% senior notes due 2032 | 500.0 |  |  | 500.0 |
4.80% senior notes due 2034 | 850.0 |  |  | 850.0 |
4.70% senior notes due 2045 | 900.0 |  |  | 900.0 |
Debt issuance costs | (37.7) |  |  | (42.3) |
AR facility | 525.0 |  |  | 300.0 |
Note payable | — |  |  | 0.3 |
Total Long-term debt | $ | 5,084.6 |  |  | $ | 5,331.2 |
Schedule of Maturities of Long-term Debt | Scheduled payments of long-term debt are as follows:
|  |  | December 31, 2025
2026 |  |  | $ | 500.3 |
2027 |  |  | 600.0 |
2028 |  |  | — |
2029 |  |  | 1,175.0 |
2030 |  |  | 650.0 |
Thereafter |  |  | 2,697.3 |
Total scheduled payments |  |  | 5,622.6 |
Less current portion |  |  | (500.3) |
Long-term debt, due beyond one year |  |  | $ | 5,122.3 |

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