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v3.23.1

Borrowings (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Short-term Debt | Borrowings consist of the following:
| March 31, 2023 |  | December 31, 2022
Short-term: |  |  |
Commercial paper | $ | 513,900 |  |  | $ | 734,936 |
Other | 667 |  |  | 836 |
Short-term borrowings | $ | 514,567 |  |  | $ | 735,772 |
Schedule of Long-term Debt |
|  |  | Carrying amount (1)
| Principal |  | March 31, 2023 |  | December 31, 2022
Long-term |  |  |  |  |
3.15% 10-year notes due November 15, 2025 | $ | 400,000 |  |  | $ | 398,232 |  |  | $ | 398,063 |
1.25% 10-year notes due November 9, 2026 (euro-denominated) | € | 600,000 |  |  | 641,754 |  |  | 631,522 |
0.750% 8-year notes due November 4, 2027 (euro-denominated) | € | 500,000 |  |  | 534,164 |  |  | 525,654 |
6.65% 30-year debentures due June 1, 2028 | $ | 200,000 |  |  | 199,481 |  |  | 199,456 |
2.950% 10-year notes due November 4, 2029 | $ | 300,000 |  |  | 297,502 |  |  | 297,408 |
5.375% 30-year debentures due October 15, 2035 | $ | 300,000 |  |  | 296,871 |  |  | 296,808 |
6.60% 30-year notes due March 15, 2038 | $ | 250,000 |  |  | 248,307 |  |  | 248,279 |
5.375% 30-year notes due March 1, 2041 | $ | 350,000 |  |  | 345,051 |  |  | 344,982 |
Other |  |  | — |  |  | 341 |
Total long-term debt |  |  | $ | 2,961,362 |  |  | $ | 2,942,513 |
(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were $12.3 million and $12.7 million as of March 31, 2023 and December 31, 2022, respectively. Total deferred debt issuance costs were $10.3 million and $10.7 million as of March 31, 2023 and December 31, 2022, respectively.

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