Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Obligations


	As of
	March 31, 2025		December 31, 2024
	(In millions)
Long-term debt
CAD 500 million 3.44% senior notes due July 2026	$	347.5	$	347.6
$2.0 billion 3.0% senior notes due July 2026	2,000.0		2,000.0
EUR 800 million 3.8% senior notes due June 2032	865.3		828.3
$1.1 billion 5.0% senior notes due May 2042	1,100.0		1,100.0
$1.8 billion 4.2% senior notes due July 2046	1,800.0		1,800.0
Finance leases	69.1		66.8
Other	21.7		21.7
Less: unamortized debt discounts and debt issuance costs	(37.4)		(38.2)
Total long-term debt (including current portion)	6,166.2		6,126.2
Less: current portion of long-term debt	(11.6)		(12.3)
Total long-term debt	$	6,154.6	$	6,113.9


Short-term borrowings(1)	$	71.6	$	19.9
Current portion of long-term debt	11.6		12.3
Current portion of long-term debt and short-term borrowings	$	83.2	$	32.2

(1)Our short-term borrowings include bank overdrafts, borrowings on our overdraft facilities and other items.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details