| Debt Outstanding |
Debt outstanding at June 30, 2025 and December 31, 2024 was as follows: | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | | | (In millions) | | Commercial paper ("CP") | | $ | 169.2 | | | $ | 286.5 | | | | | | | | | | | | | | | | | | | | | | | | | | | Notes, 2.60%, due December 2025 | | 400.0 | | | 400.0 | | Notes, 3.25%, due June 2026 | | 275.0 | | | 275.0 | | | | | | | | | | | | Notes, 5.10%, due December 2027 | | 750.0 | | | 750.0 | | Notes, 5.10%, due June 2028 | | 700.0 | | | 700.0 | | Debentures, 6.90%, due July 2028 | | 125.0 | | | 125.0 | | Notes, 4.80%, due September 2029 | | 650.0 | | | 650.0 | | Notes, 3.10%, due May 2030 | | 600.0 | | | 600.0 | | Notes, 2.35%, due September 2031 | | 1,000.0 | | | 1,000.0 | | Notes, 7.00%, due July 2037 | | 250.0 | | | 250.0 | | | Other | | 2.8 | | | 1.2 | | | Total debt | | 4,922.0 | | | 5,037.7 | | | Less short-term debt and current maturities | | (847.0) | | | (687.7) | | | Less unamortized discounts and debt issuance costs | | (24.0) | | | (27.2) | | | Total long-term debt, net | | $ | 4,051.0 | | | $ | 4,322.8 | |
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