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FINANCING (Tables)
9 Months Ended
Sep. 29, 2023
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt The components of our debt were as follows ($ in millions):
September 29, 2023December 31, 2022
U.S. dollar-denominated commercial paper$151.1 $405.0 
Delayed-Draw Term Loan due 2023750.0 1,000.0 
Euro Term Loan due 2025290.8 294.4 
Yen Term Loan due 202596.4 109.8 
3.15% senior unsecured notes due 2026
900.0 900.0 
4.30% senior unsecured notes due 2046
550.0 550.0 
Long-term debt, principal amounts2,738.3 3,259.2 
Less: aggregate unamortized debt discounts, premiums, and issuance costs6.3 7.9 
Long-term debt, carrying value2,732.0 3,251.3 
Less: current portion of long-term debt, carrying value
749.9 999.7 
Long-term debt, net of current maturities$1,982.1 $2,251.6 
Schedule of Short-Term Debt
The details of our outstanding Commercial Paper Programs as of September 29, 2023 were as follows ($ in millions):
Carrying value (a)
Annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$150.9 5.54 %18
(a) Net of unamortized debt discount.