Annual report pursuant to Section 13 and 15(d)

DEBT (Tables)

v3.22.0.1
DEBT (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Debt Outstanding Debt outstanding at December 31, 2021 and 2020 was as follows:
  December 31,
  2021 2020
  (In millions)
Commercial paper (“CP”) $ 321.9  $ — 
Notes, 2.30%, due June 2021
 —  500.0 
Notes, 3.60%, due Aug 2021
 —  300.0 
Notes, Floating Rate, due Aug 2021 —  300.0 
Notes, 3.30%, due Dec 2022
 500.0  500.0 
Notes, 3.95%, due May 2023
 400.0  400.0 
Notes, 2.60%, due December 2024
 750.0  750.0 
Notes, 2.60%, due December 2025
 400.0  400.0 
Notes, 3.25%, due June 2026
 275.0  275.0 
Term loan, due August 2026 700.0  — 
Debentures, 6.90%, due July 2028
 125.0  125.0 
Notes, 3.1%, due May 2030
 600.0  600.0 
Notes, 2.35%, due September 2031
 1,000.0  — 
Notes, 7.00%, due July 2037
 250.0  250.0 
Other 3.2  2.2 
Total debt 5,325.1  4,402.2 
Less short-term debt and current maturities (824.8) (1,101.1)
Less unamortized discounts and debt issuance costs (30.2) (23.8)
Total long-term debt, net of discount $ 4,470.1  $ 3,277.3 
Scheduled Future Maturities of Debt
Scheduled future maturities of debt at December 31, 2021, are as follows:
Years ending December 31, Amount
  (In millions)
2022 $ 824.8 
2023 404.7 
2024 767.5 
2025 417.5 
2026 935.6 
Thereafter 1,975.0 
Total debt $ 5,325.1