Summary of Short-Term Borrowings and Long-Term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Short-term borrowings
Commercial paper issuances	$ 64.5	$ 248.6
Various debt due to international banks	1.3	4.3
Total short-term borrowings	65.8	252.9
Long-term debt
Debt issuance costs, net	(10.4)	(11.5)
Net long-term debt	1,811.4	1,810.2
Term Loan
Long-term debt
Term loan	300.0	300.0
2.45% Senior notes due August 1, 2022
Long-term debt
Senior notes	300.0	300.0
Less: Discount	(0.2)	(0.2)
2.875% Senior notes due October 1, 2022
Long-term debt
Senior notes	400.0	400.0
Less: Discount	(0.1)	(0.1)
3.15% Senior notes due August 1, 2027
Long-term debt
Senior notes	425.0	425.0
Less: Discount	(0.3)	(0.3)
3.95% Senior notes due August 1, 2047
Long-term debt
Senior notes	400.0	400.0
Less: Discount	$ (2.6)	$ (2.7)

Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days.

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