v3.26.1
Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Long-term Debt
A summary of the Company's long-term debt follows:
(in millions)
Fair Value(1)
March 31,
2026
December 31,
2025
March 31,
2026
December 31,
2025
5.55% Notes due 2040
$500.0 $500.0 $500.0 $505.6 
5.25% Notes due 2035
500.0 500.0 505.8 511.1 
2.20% Notes due 2032
550.0 550.0 473.8 479.4 
2.75% Notes due 2030
750.0 750.0 701.0 707.8 
3.75% Notes due 2027
600.0 600.0 593.1 597.1 
Unamortized discount and debt issuance costs(26.3)(27.3)
Other14.9 13.7 
Total debt2,888.6 2,886.4 
Less: Current portion of debt4.9 4.8 
Long-term debt$2,883.7 $2,881.6 
(1)The fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities. Based on these inputs, the debt instruments are classified as Level 2 in the fair value hierarchy.