June 30,

December 31,

2026

2025

Short-term borrowings

Commercial paper issuances

49.9

0.0

Total short-term borrowings

$

49.9

$

0.0

Long-term debt

3.15% Senior notes due August 1, 2027

$

425.0

$

425.0

Less: Discount

0.0

(0.1

)

2.3% Senior notes due December 15, 2031

400.0

400.0

Less: Discount

(0.5

)

(0.5

)

5.6% Senior notes due November 15, 2032

500.0

500.0

Less: Discount

(0.6

)

(0.7

)

3.95% Senior notes due August 1, 2047

400.0

400.0

Less: Discount

(2.1

)

(2.1

)

5.00% Senior notes due June 15, 2052

500.0

500.0

Less: Discount

(0.1

)

(0.1

)

Debt issuance costs, net

(15.4

)

(16.4

)

Total long-term debt

$

2,206.3

$

2,205.1