SHORT-TERM DEBT AND LINES OF CREDIT - SHORT-TERM BORROWINGS (Details) - USD ($) $ in Millions	6 Months Ended
Jun. 30, 2023	Dec. 31, 2022
Commercial paper
Short-term borrowings
Commercial paper outstanding	$ 1,086.9	$ 1,643.5
Weighted average interest rate on amounts outstanding	5.29%	4.64%
Average amount of commercial paper outstanding during the period	$ 955.5
Weighted-average interest rate on amounts outstanding during the period	5.01%
Operating expense loans
Short-term borrowings
Operating expense loan outstanding	$ 3.4	$ 3.6

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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Amount of borrowings classified as other, maturing within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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For the form of debt having an initial term of less than one year or less than the normal operating cycle, if longer, average borrowings during the period.

+ References

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