Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt

Schedule of debt

	September 30, 2021				December 31, 2020
	Carrying		Approximate		Carrying		Approximate
	Amount		Fair Value		Amount		Fair Value
Revolving Credit Facility	$	—	$	—	$	—	$	—
U.S. Commercial Paper Program		924.3		924.3		—		—
Euro Commercial Paper Program		—		—		—		—
3.125% Senior Notes due September 2021		—		—		227.7		231.6
4.00% Senior Notes due February 2022		295.0		295.8		294.9		303.6
3.20% Senior Notes due April 2024		349.9		369.6		349.8		378.1
2.050% Senior Notes due March 2025		399.5		412.4		399.4		420.7
0.750% Euro Senior Notes due May 2026		577.8		597.5		608.4		633.6
2.000% Euro Senior Notes due October 2028		577.7		649.1		608.4		694.9
4.350% Senior Notes due June 2029		499.6		579.2		499.6		608.4
2.800% Senior Notes due February 2030		899.4		945.6		899.4		987.8
2.200% Senior Notes due September 2031		747.3		742.9		—		—
Other debt		7.6		7.6		6.7		6.7
Less: unamortized deferred debt issuance costs		(29.4)		—		(27.8)		—
Total debt		5,248.7		5,524.0		3,866.5		4,265.4
Less: current portion		298.7		299.5		230.3		234.2
Total long-term debt	$	4,950.0	$	5,224.5	$	3,636.2	$	4,031.2