STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
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| Statement of Comprehensive Income [Abstract] | ||||||||||
| Net income | $ 806.2 | $ 761.5 | $ 2,201.3 | $ 2,032.6 | ||||||
| Other comprehensive income (loss), net of tax: | ||||||||||
| Foreign currency translation adjustments | [1] | 106.1 | (99.6) | (35.8) | (39.5) | |||||
| Pension and other postretirement benefit adjustments: | ||||||||||
| Amounts reclassified from AOCI | [2] | (4.5) | (4.6) | (13.4) | (13.6) | |||||
| Unrealized net gains on cash flow hedges: | ||||||||||
| Amounts reclassified from AOCI | [3] | (0.9) | (0.9) | (2.7) | (2.7) | |||||
| Other comprehensive income (loss) | 100.7 | (105.1) | (51.9) | (55.8) | ||||||
| Comprehensive income | $ 906.9 | $ 656.4 | $ 2,149.4 | $ 1,976.8 | ||||||
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount, after tax, of reclassification adjustment from accumulated other comprehensive (income) loss for net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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