DEBT (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt consisted of the following:

	December 31,
(In millions)	2021		2020
Commercial paper	$	—	$	1,043.7
Synthetic bonds due 2021	—		551.2
3.45% Senior Notes due 2022	—		500.0
3.40% 2012 Private placement notes due 2022	169.9		184.0
3.15% 2013 Private placement notes due 2023	288.8		312.9
5.75% 2020 Private placement notes due 2025	226.5		245.4
6.50% Senior notes due 2026	633.1		—
4.00% 2012 Private placement notes due 2027	84.9		92.0
4.00% 2012 Private placement notes due 2032	113.3		122.7
3.75% 2013 Private placement notes due 2033	113.3		122.7
Bank borrowings and other	397.4		298.4
Unamortized debt issuance costs and discounts	(22.3)		(12.8)
Total debt	2,004.9		3,460.2
Less: current borrowings	277.6		624.7
Long-term debt	$	1,727.3	$	2,835.5

Schedule of maturities of long-term debt

Debt maturities as of December 31, 2021, are as follows:

	Payments Due by Period
(In millions)	Total payments		Less than 1 year		1-3 years		3-5 years		After 5 years
Total debt	$	2,004.9	$	277.6	$	402.1	$	942.9	$	382.3