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v3.24.2

Debt - Long-term Borrowings (Details) - USD ($) $ in Millions | Jun. 30, 2024 | Dec. 31, 2023 | Jul. 02, 2023
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Carrying Cost | $ 3,984.9 | $ 3,484.9 | $ 3,759.3
Less: Deferred debt expenses | 23.5 | 19.1 | 21.4
Less: Current portion | 500.0 | 500.0 | 69.4
Long-term debt, carrying cost | 3,461.4 | 2,965.8 | 3,668.5
Fair Value | 3,826.2 | 3,349.1 | 3,556.6
Long-term debt, fair value | $ 3,826.2 | 3,349.1 | 3,556.6
3.90% Notes Due 2029 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.90% |  |
Carrying Cost | $ 900.0 | 900.0 | 900.0
Fair Value | $ 830.9 | 839.8 | 814.9
3.55% Notes Due 2026 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.55% |  |
Carrying Cost | $ 675.0 | 675.0 | 675.0
Fair Value | $ 644.8 | 641.0 | 628.0
3.00% Notes Due 2024 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.00% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 494.6 | 488.4 | 481.6
6.35% Notes Due 2040 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 6.35% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 512.1 | 520.1 | 510.1
3.50% Notes Due 2027 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.50% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 471.5 | 472.2 | 466.6
6.05% Notes Due 2034 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 6.05% |  |
Carrying Cost | $ 500.0 | 0.0 | 0.0
Fair Value | $ 500.1 | 0.0 | 0.0
5.10% Notes Due 2044 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 5.10% |  |
Carrying Cost | $ 300.0 | 300.0 | 300.0
Fair Value | $ 258.0 | 271.6 | 264.6
6.60% Debentures Due 2028 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 6.60% |  |
Carrying Cost | $ 109.9 | 109.9 | 109.9
Fair Value | 114.2 | 116.0 | 116.4
Variable % Notes Due December 30, 2024 |  |  |
Debt Instrument [Line Items] |  |  |
Carrying Cost | 0.0 | 0.0 | 265.0
Fair Value | 0.0 | 0.0 | 265.0
Production Financing Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Carrying Cost | 0.0 | 0.0 | 9.4
Fair Value | $ 0.0 | $ 0.0 | $ 9.4

X
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