Short-Term Borrowings and Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Components of Short-Term Borrowings and Long-Term Debt

Short-term borrowings and long-term debt consist of the following:

	June 30,			December 31,
	2022			2021
Short-term borrowings
Commercial paper issuances	$	0.0		$	249.7
Various debt due to international banks		3.3			3.1
Total short-term borrowings	$	3.3		$	252.8
Long-term debt
2.45% Senior notes due August 1, 2022		300.0			300.0
2.875% Senior notes due October 1, 2022		400.0			400.0
Less: Discount		0.0			(0.1	)
Term loan due December 22, 2024		400.0			400.0
3.15% Senior notes due August 1, 2027		425.0			425.0
Less: Discount		(0.2	)		(0.3	)
2.3% Senior notes due December 15, 2031		400.0			400.0
Less: Discount		(0.8	)		(0.8	)
3.95% Senior notes due August 1, 2047		400.0			400.0
Less: Discount		(2.5	)		(2.5	)
5.00% Senior notes due June 15, 2052		500.0			0.0
Less: Discount		(0.2	)		0.0
Debt issuance costs, net		(17.5	)		(11.2	)
Total long-term debt		2,803.8			2,310.1
Less: Current maturities		(699.9	)		(699.4	)
Net long-term debt	$	2,103.9		$	1,610.7