DEBT - Narrative (Details)
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1 Months Ended |
9 Months Ended |
12 Months Ended |
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Aug. 11, 2021
USD ($)
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Apr. 22, 2020
USD ($)
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May 12, 2016
USD ($)
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Dec. 17, 2012
USD ($)
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Jun. 18, 2007
USD ($)
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Aug. 31, 2021
USD ($)
extension
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May 31, 2018
USD ($)
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Sep. 30, 2021
USD ($)
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Dec. 31, 2021
USD ($)
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Dec. 31, 2020
USD ($)
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Dec. 31, 2019
USD ($)
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Jul. 31, 2021
USD ($)
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Jun. 30, 2021
USD ($)
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Nov. 15, 2019
USD ($)
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Debt Instrument [Line Items] |
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Debt outstanding |
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$ 5,325,100,000
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$ 4,402,200,000
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Long-term debt |
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5,325,100,000
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Letters of credit outstanding |
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700,000
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Excess cash to be netted against debt |
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224,700,000
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1,684,600,000
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Commercial paper notes |
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$ 1,500,000,000
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$ 1,100,000,000
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Cash paid for interest, net of capitalized interest |
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$ 139,700,000
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130,900,000
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$ 105,300,000
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Maximum |
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Debt Instrument [Line Items] |
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Debt instrument, term |
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1 year
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Commercial paper, maturity period range |
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397 days
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Notes, 2.35%, due September 2031 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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2.35%
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Debt outstanding |
$ 1,000,000,000
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$ 1,000,000,000
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0
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Debt instrument, term |
10 years
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Notes, 2.60%, due December 2025 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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2.60%
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2.60%
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Debt outstanding |
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$ 400,000,000
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$ 400,000,000.0
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400,000,000.0
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Debt instrument, term |
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5 years
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Notes, 3.1%, due May 2030 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.10%
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3.10%
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Debt outstanding |
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$ 600,000,000
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$ 600,000,000.0
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$ 600,000,000.0
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Debt instrument, term |
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10 years
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Notes, 2.60%, due December 2024 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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2.60%
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2.60%
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2.60%
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Debt outstanding |
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$ 750,000,000.0
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$ 750,000,000.0
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$ 750,000,000
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Debt instrument, term |
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5 years
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Notes, 3.60%, due Aug 2021 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.60%
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3.60%
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3.60%
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Debt outstanding |
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$ 0
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$ 300,000,000.0
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Long-term debt |
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$ 300,000,000.0
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Notes, 3.95%, due May 2023 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.95%
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3.95%
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3.95%
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Debt outstanding |
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$ 400,000,000.0
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$ 400,000,000.0
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Long-term debt |
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$ 400,000,000
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Notes, Floating Rate, due Aug 2021 |
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Debt Instrument [Line Items] |
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Debt outstanding |
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0
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300,000,000.0
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Long-term debt |
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$ 300,000,000
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Revolver |
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Debt Instrument [Line Items] |
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Long-term line of credit, borrowings outstanding |
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0
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Credit facility, available for borrowings |
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1,177,400,000
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Term loan, due August 2026 |
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Debt Instrument [Line Items] |
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Debt outstanding |
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$ 700,000,000
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700,000,000.0
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0
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Commercial Paper |
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Debt Instrument [Line Items] |
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Debt outstanding |
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$ 321,900,000
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$ 0
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Notes, 2.30%, due June 2021 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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2.30%
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2.30%
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Debt outstanding |
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$ 0
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$ 500,000,000.0
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Notes, 2.30%, due June 2021 | Senior Notes |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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2.30%
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Debt instrument, term |
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5 years
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Long-term debt |
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$ 500,000,000
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Notes, 3.25%, due June 2026 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.25%
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3.25%
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Debt outstanding |
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$ 275,000,000.0
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$ 275,000,000.0
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Notes, 3.25%, due June 2026 | Senior Notes |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.25%
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Debt instrument, term |
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10 years
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Long-term debt |
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$ 275,000,000
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Notes, 7.00%, due July 2037 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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7.00%
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7.00%
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Debt outstanding |
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$ 250,000,000.0
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$ 250,000,000.0
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Notes, 7.00%, due July 2037 | Senior Notes |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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7.00%
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Debt instrument, term |
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30 years
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Long-term debt |
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$ 250,000,000
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Notes, 3.30%, due Dec 2022 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.30%
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3.30%
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Debt outstanding |
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$ 500,000,000.0
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$ 500,000,000.0
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Notes, 3.30%, due Dec 2022 | Senior Notes |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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3.30%
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Debt instrument, term |
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10 years
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Long-term debt |
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$ 500,000,000
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Debentures, 6.90%, due July 2028 |
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Debt Instrument [Line Items] |
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Long term debt, interest rate (as a percent) |
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6.90%
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6.90%
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Debt outstanding |
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$ 125,000,000.0
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$ 125,000,000.0
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Long-term debt |
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$ 125,000,000
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London Interbank Offered Rate (LIBOR) | Notes, Floating Rate, due Aug 2021 |
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Debt Instrument [Line Items] |
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Debt instrument, basis spread on variable rate |
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0.87%
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Term Loan |
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Debt Instrument [Line Items] |
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Debt instrument, term |
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3 years
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Credit facility, borrowing capacity |
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$ 800,000,000
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Revolver |
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Debt Instrument [Line Items] |
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Debt instrument, term |
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5 years
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Credit facility, borrowing capacity |
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$ 1,500,000,000
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$ 1,100,000,000
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Maximum number of extensions, maturity date | extension |
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3
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Credit facility, maturity date, extension period |
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1 year
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Maximum leverage ratio (not more than) |
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3.75
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Leverage ratio, maximum allowed increase following a material acquisition |
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0.5
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Leverage ratio, maximum allowed following a material acquisition |
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4.75
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Excess cash to be netted against debt |
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$ 175,000,000
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Revolver | First fiscal quarter |
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Debt Instrument [Line Items] |
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Maximum leverage ratio (not more than) |
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4.25
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Revolver | Fifth fiscal quarter |
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Debt Instrument [Line Items] |
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Maximum leverage ratio (not more than) |
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4.0
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Revolver | Seventh fiscal quarter |
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Debt Instrument [Line Items] |
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Maximum leverage ratio (not more than) |
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3.75
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