Long-Term Debt and Letters of Credit (Tables)

9 Months Ended

Oct. 02, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

	Balance at
Long-Term Debt (in millions):	October 2, 2022		January 2, 2022
$1.15 billion credit facility due March 2026, weighted average variable rate of 4.15% at October 2, 2022 and 1.20% at January 2, 2022	$	125.0	$	125.0
Term loan due October 2024, variable rate of 4.37% at October 2, 2022 and 1.35% at January 2, 2022, swapped to a Euro fixed rate of 0.6120%	149.9		150.6
0.65% Fixed Rate Senior Notes due April 2023	300.0		300.0
0.95% Fixed Rate Senior Notes due April 2024	450.0		450.0
1.60% Fixed Rate Senior Notes due April 2026	450.0		450.0
2.25% Fixed Rate Senior Notes due April 2028	700.0		700.0
2.50% Fixed Rate Senior Notes due August 2030	485.0		500.0
2.75% Fixed Rate Senior Notes due April 2031	1,040.0		1,100.0
Term loan due May 2026, variable rate of 4.30% at October 2, 2022 and 1.35% at January 2, 2022	245.0		355.0
Other debt	1.4		0.7
Debt discount and debt issuance costs	(27.9)		(31.9)
Total debt, net	3,918.4		4,099.4
Less: current portion of long-term debt	(300.0)		—
Total long-term debt, net of current portion	$	3,618.4	$	4,099.4