Borrowings (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consist of the following:

	June 30, 2023		December 31, 2022
Short-term:
Commercial paper	$	445,500	$	734,936
Other	675		836
Short-term borrowings	$	446,175	$	735,772

Schedule of Long-term Debt

			Carrying amount (1)
	Principal		June 30, 2023		December 31, 2022
Long-term
3.15% 10-year notes due November 15, 2025	$	400,000	$	398,400	$	398,063
1.25% 10-year notes due November 9, 2026 (euro-denominated)	€	600,000	649,816		631,522
0.750% 8-year notes due November 4, 2027 (euro-denominated)	€	500,000	540,865		525,654
6.65% 30-year debentures due June 1, 2028	$	200,000	199,506		199,456
2.950% 10-year notes due November 4, 2029	$	300,000	297,597		297,408
5.375% 30-year debentures due October 15, 2035	$	300,000	296,933		296,808
6.60% 30-year notes due March 15, 2038	$	250,000	248,336		248,279
5.375% 30-year notes due March 1, 2041	$	350,000	345,120		344,982
Other			—		341
Total long-term debt			$	2,976,573	$	2,942,513

(1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discounts were $11.9 million and $12.7 million as of June 30, 2023 and December 31, 2022, respectively. Total deferred debt issuance costs were $9.8 million and $10.7 million as of June 30, 2023 and December 31, 2022, respectively.