v3.25.1
FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
$ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
contracts
Dec. 31, 2024
USD ($)
contracts
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Noncontrolling interest put $ 14.3 $ 14.3
Foreign Currency Contracts, Liability, Fair Value Disclosure 135.7 142.7
Fair Value Hedges, Net 65.0 76.8
Cash Surrender Value, Fair Value Disclosure 101.3 102.1
Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability 134.0 132.5
Contingent Consideration Classified as Equity, Fair Value Disclosure 34.8 10.8
Long-term debt 5,568.7 5,331.2
Fair market value of senior notes 4,833.5 5,762.6
Level 3 Rollforward [Line Items]    
Contingent Consideration Classified as Equity, Fair Value Disclosure $ 34.8 $ 10.8
Three month LIBOR 1.706%  
Derivative, Interest Rate Swap $ 500.0  
Swap    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Number Of Foreign Currency Derivatives Held Q2 2024 | contracts   2
Number Of Foreign Currency Derivatives Held Q3 2024 | contracts 5  
2029 Swap Agreements    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Derivative, Notional Amount $ 300.0  
2034 Swap Agreements [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Derivative, Notional Amount 300.0  
2031 and 2034 Swap Agreements    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Derivative, Notional Amount 300.0  
Senior notes due 2029 and 2034    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Long-term debt $ 600.0  
2.70% senior notes due 2031    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Subordinated Borrowing, Interest Rate 2.70%  
Level 1 [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Noncontrolling interest put $ 0.0 $ 0.0
Foreign Currency Contracts, Liability, Fair Value Disclosure 0.0 0.0
Fair Value Hedges, Net 0.0 0.0
Cash Surrender Value, Fair Value Disclosure 0.0 0.0
Deferred Compensation Plan Assets 0.0 0.0
Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability 0.0 0.0
Contingent Consideration Classified as Equity, Fair Value Disclosure 0.0 0.0
Level 3 Rollforward [Line Items]    
Contingent Consideration Classified as Equity, Fair Value Disclosure 0.0 0.0
Fair Value, Inputs, Level 2 [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Noncontrolling interest put 14.3 14.3
Foreign Currency Contracts, Liability, Fair Value Disclosure 135.7 142.7
Fair Value Hedges, Net 65.0 76.8
Cash Surrender Value, Fair Value Disclosure 101.3 102.1
Deferred Compensation Plan Assets 40.6 35.7
Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability 134.0 132.5
Contingent Consideration Classified as Equity, Fair Value Disclosure 0.0 0.0
Level 3 Rollforward [Line Items]    
Contingent Consideration Classified as Equity, Fair Value Disclosure 0.0 0.0
Level 3 [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Noncontrolling interest put 0.0 0.0
Foreign Currency Contracts, Liability, Fair Value Disclosure 0.0 0.0
Fair Value Hedges, Net 0.0 0.0
Cash Surrender Value, Fair Value Disclosure 0.0 0.0
Deferred Compensation Plan Assets 0.0 0.0
Fair Value Liabilities Measured On Recurring Basis Deferred Compensation Liability 0.0 0.0
Contingent Consideration Classified as Equity, Fair Value Disclosure 34.8 10.8
Level 3 Rollforward [Line Items]    
Contingent Consideration Classified as Equity, Fair Value Disclosure 34.8 $ 10.8
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability $ 24.0