Debt (Tables)

6 Months Ended

Jun. 30, 2026

Debt [Abstract]

Long-Term Debt

Long-term debt:


			June 30, 2026						December 31, 2025
3.600% Senior Notes due 2026			$	—					$	1,400.0
€500 million 0.800% Senior Notes due 2027			569.2						588.7
4.650% Senior Notes (Exchange/IPG) due 2028			500.0						500.0
4.200% Senior Notes due 2029			400.0						—
2.450% Senior Notes due 2030			600.0						600.0
4.200% Senior Notes due 2030			600.0						600.0
4.750% Senior Notes (Exchange/IPG) due 2030			650.0						650.0
€500 million 1.400% Senior Notes due 2031			569.2						588.7
2.400% Senior Notes (Exchange/IPG) due 2031			500.0						500.0
2.600% Senior Notes due 2031			800.0						800.0
€600 million 3.700% Senior Notes due 2032			683.0						706.4
£325 million 2.250% Senior Notes due 2033			429.0						439.1
5.000% Senior Notes due 2033			700.0						—
5.375% Senior Notes (Exchange/IPG) due 2033			300.0						300.0
€600 million 3.850% Senior Notes due 2034			683.0						—
5.300% Senior Notes due 2034			600.0						600.0
5.300% Senior Notes due 2036			600.0						—
3.375% Senior Notes (Exchange/IPG) due 2041			500.0						500.0
5.400% Senior Notes (Exchange/IPG) due 2048			500.0						500.0
Long-Term Debt, Gross			10,183.4						9,272.9
Unamortized discount			(188.8)						(192.3)
Unamortized debt issuance costs			(41.4)						(25.9)
Unamortized deferred loss from settlement of interest rate swap			—						(0.2)
Long-Term Debt, including current portion			9,953.2						9,054.5
Current portion			—						(1,399.5)
Long-Term Debt			$	9,953.2					$	7,655.0

- 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