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Stock-based Compensation Plans (Assumptions used in the Black-Scholes option pricing model and the weighted-average fair value of option awards granted) (Details) - Stock options [Member] - $ / shares
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]    
Weighted-average risk-free interest rate [1] 0.90% 2.51%
Dividend yield [2] 4.34% 1.89%
Expected term [3] 5 years 6 months 5 years 6 months
Weighted-average volatility [4] 30.43% 31.87%
Weighted-average grant date fair value per option (in dollars per share) $ 3.12 $ 5.76
[1]
Risk-free interest rate is the U.S. Treasury yield curve in effect as of the grant date for periods within the expected term of the option.
[2]
Dividend yield is the level of dividends expected to be paid on the Company’s common stock over the expected term of the option.
[3]
Expected term represents the period of time that the options are expected to be outstanding. The Company estimates the expected term based on historical exercise experience for its stock options.
[4]
Based on the historical volatility of the Company’s stock.