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DEBT AND BANK CREDIT FACILITIES (Narrative) (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 27, 2023
Jan. 24, 2023
Oct. 26, 2022
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Apr. 07, 2022
Mar. 28, 2022
Debt Instrument [Line Items]                      
Long-term debt, gross       $ 6,553,800,000     $ 6,553,800,000        
Long-term debt       6,497,600,000 $ 2,023,500,000   6,497,600,000   $ 2,023,500,000    
Bridge Loan                      
Debt Instrument [Line Items]                      
Principal amount     $ 5,500,000,000                
Debt instrument term     364 days                
Debt fees paid                 27,500,000    
Interest expense       0 10,500,000   17,000,000        
Line of Credit                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity                     $ 570,000,000
Private Placement Notes                      
Debt Instrument [Line Items]                      
Long-term debt, gross       0 500,000,000.0   0   500,000,000.0    
Principal amount                   $ 500,000,000  
Debt instrument interest rate (in percent)                   3.90%  
Senior Notes                      
Debt Instrument [Line Items]                      
Long-term debt, gross       4,700,000,000 0   4,700,000,000   0    
Possible increase in interest rate (in percent)   2.00%                  
Proceeds from senior notes   $ 4,647,000,000                  
Interest bearing deposits   3,600,000,000                  
Interest income       0     29,400,000        
Long-term debt       4,700,000,000     4,700,000,000        
Fair value of debt       $ 4,564,400,000     $ 4,564,400,000        
Senior Notes | Senior Notes Due 2026                      
Debt Instrument [Line Items]                      
Principal amount   $ 1,100,000,000                  
Debt instrument interest rate (in percent)   6.05%                  
Term of debt   540 days                  
Senior Notes | Senior Notes Due 2026 | Altra Merger Agreement                      
Debt Instrument [Line Items]                      
Debt instrument interest rate (in percent) 6.125%     6.125%     6.125%        
Long-term debt $ 18,100,000     $ 18,100,000     $ 18,100,000        
Percentage of debt outstanding 95.28%     95.28%     95.28%        
Debt assumed $ 382,700,000                    
Senior Notes | Senior Notes Due 2028                      
Debt Instrument [Line Items]                      
Principal amount   $ 1,250,000,000                  
Debt instrument interest rate (in percent)   6.05%                  
Senior Notes | Senior Notes Due 2030                      
Debt Instrument [Line Items]                      
Principal amount   $ 1,100,000,000                  
Debt instrument interest rate (in percent)   6.30%                  
Senior Notes | Senior Notes Due 2033                      
Debt Instrument [Line Items]                      
Principal amount   $ 1,250,000,000                  
Debt instrument interest rate (in percent)   6.40%                  
Other                      
Debt Instrument [Line Items]                      
Long-term debt, gross       $ 78,300,000 76,700,000   $ 78,300,000   76,700,000    
Weighted average interest rate (in percent)       4.90%   5.10% 4.90% 5.10%      
Term Facility                      
Debt Instrument [Line Items]                      
Amortization rate per annum (in percent)             5.00%        
Term Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity                     550,000,000
Additional borrowing capacity                     840,000,000
Long-term debt, gross       $ 1,254,100,000 536,300,000   $ 1,254,100,000   536,300,000    
Weighted average interest rate, over time       7.20%   3.40% 6.90% 2.20%      
Land Term Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Long-term debt, gross       $ 486,800,000 486,800,000   $ 486,800,000   486,800,000   486,800,000
Weighted average interest rate (in percent)       7.20%   3.50% 6.70% 2.30%      
Multicurrency Revolving Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity                     $ 1,000,000,000
Long-term debt, gross       $ 16,500,000 $ 429,000,000.0   $ 16,500,000   $ 429,000,000.0    
Weighted average interest rate, over time       7.20%   3.50% 6.60% 2.20%      
Available borrowing capacity       $ 1,553,500,000     $ 1,553,500,000        
Average daily balance       123,900,000   $ 600,500,000 $ 320,000,000 $ 719,000,000      
Non-use fee, percentage             0.25%        
Multicurrency Revolving Facility | Letter of Credit                      
Debt Instrument [Line Items]                      
Long-term line of credit       $ 0     $ 0