Fair Value Measurements (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Equity securities and investments in nonconsolidated companies	$ 1,533.4	$ 909.0
Carrying amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Cash and cash equivalents	272.8	348.8
Accounts receivable	1,113.3	1,269.2
Accounts payable	1,156.5	1,166.9
Structured accounts payable arrangements	402.3	399.9
Short-term debt	847.1	399.7
Long-term debt, including current portion	3,377.6	3,361.7
Equity securities and investments in nonconsolidated companies	1,486.8	0.0
Fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Cash and cash equivalents	272.8	348.8
Accounts receivable	1,113.3	1,269.2
Accounts payable	1,156.5	1,166.9
Structured accounts payable arrangements	402.3	399.9
Short-term debt	847.1	399.7
Long-term debt, including current portion	3,324.1	3,364.1
Equity securities and investments in nonconsolidated companies	$ 1,486.8	$ 0.0

Fair value portion of liabilities incurred for goods and services received that are used in an entity's business and related party payables.

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Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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- Definition

Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.

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- Definition

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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No definition available.

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The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.

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- Definition

Fair value portion of receivables, including, but not limited to, trade account receivables, note receivables, and loan receivables.

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This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents the amount of short-term debt existing as of the balance sheet date.

+ References

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