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Financing and Capital (Tables)
6 Months Ended
Jul. 01, 2022
Debt Disclosure [Abstract]  
Schedule of Debt The carrying value of the components of our long-term debt were as follows ($ in millions):
July 1, 2022December 31, 2021
U.S. dollar-denominated commercial paper$847.0 $364.9 
Delayed-Draw Term Loan due 2022999.9 999.7 
Yen Term Loan due 2025106.4 — 
Euro Term Loan due 2025285.8 — 
3.15% senior unsecured notes due 2026
895.7 895.1 
4.30% senior unsecured notes due 2046
547.3 547.3 
0.875% senior convertible notes due 2022
— 1,152.0 
Long-term debt3,682.1 3,959.0 
Less: current portion of long-term debt999.9 2,151.7 
Long-term debt, net of current maturities$2,682.2 $1,807.3 
Schedule of Outstanding Paper Programs
The details of our outstanding Commercial Paper Programs as of July 1, 2022 were as follows ($ in millions):
Carrying valueAnnual effective rateWeighted average remaining maturity (in days)
U.S. dollar-denominated commercial paper$847.0 1.84 %32