XML 126 R68.htm IDEA: XBRL DOCUMENT v3.22.4
DEBT (Debt) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Aug. 31, 2022
Sep. 30, 2021
Debt Instrument [Line Items]        
Total short-term debt $ 100.0 $ 0.0    
Total long-term debt - face value 3,941.9 3,949.6    
Unamortized discounts and debt issuance costs (66.2) (69.6)    
Total long-term debt - book value 3,875.7 3,880.0    
Less current maturities 0.5 5.2    
Total long-term debt - reported value 3,875.2 3,874.8    
Estimated fair value of long-term debt 3,671.9 4,418.5    
Line of Credit [Member] | Bank Line Of Credit Due 2027 [Member]        
Debt Instrument [Line Items]        
Total short-term debt [1] $ 100.0 0.0    
Maturity year [1] 2027      
Commercial Paper [Member]        
Debt Instrument [Line Items]        
Total short-term debt [1] $ 0.0 0.0    
Maturity year [1] 2027      
Line of Credit [Member] | Bank Line Of Credit Due 2027 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value [1] $ 0.0 0.0    
Term Loan Due [Member] | Delayed Draw Term Loan Due 2026 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 550.0 $ 1,100.0 $ 550.0 $ 1,100.0
Maturity year 2026 2026    
Notes [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 3,941.9      
Notes [Member] | Bank Line Of Credit Due 2027 [Member]        
Debt Instrument [Line Items]        
Maturity year [1] 2027      
Notes [Member] | Delayed Draw Term Loan Due 2026 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 550.0      
Notes [Member] | 4.50% notes due 2025 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 400.0 $ 400.0    
Interest rate 4.50%      
Maturity year 2025      
Effective interest rate 4.65%      
Notes [Member] | 3.90% notes due 2027 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 400.0 400.0    
Interest rate 3.90%      
Maturity year 2027      
Effective interest rate 4.00%      
Notes [Member] | 3.50% notes due 2030 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 750.0 750.0    
Interest rate 3.50%      
Maturity year 2030      
Effective interest rate 3.94%      
Notes [Member] | 7.15% notes due 2037 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 129.2 129.2    
Interest rate 7.15%      
Maturity year 2037      
Effective interest rate 8.05%      
Notes [Member] | 4.50% notes due 2047 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 700.0 700.0    
Interest rate 4.50%      
Maturity year 2047      
Effective interest rate 4.59%      
Notes [Member] | 4.70% notes due 2048 [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 460.9 460.9    
Interest rate 4.70%      
Maturity year 2048      
Effective interest rate 5.42%      
Other Notes [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 1.8 9.5    
Effective interest rate 0.37%      
Commercial Paper [Member]        
Debt Instrument [Line Items]        
Total long-term debt - face value [1] $ 550.0 $ 0.0    
Maturity year [1] 2027      
[1] Borrowings on the bank line of credit and commercial paper are classified as short-term if we intend to repay within twelve months and as long-term if we have the intent and ability to extend payment beyond twelve months.