FINANCING (Tables)

9 Months Ended

Sep. 26, 2025

Debt Disclosure [Abstract]

Schedule of Components of Debt

The components of our debt were as follows ($ in millions):

	September 26, 2025		December 31, 2024
U.S. dollar-denominated commercial paper	$	755.0	$	650.0
3.7% Euro-denominated senior unsecured notes due 2026	290.2		517.7
3.7% Euro-denominated senior unsecured notes due 2029	819.2		724.8
3.15% senior unsecured notes due 2026	900.0		900.0
4.30% senior unsecured notes due 2046	550.0		550.0
Euro Term Loan due 2025	—		284.7
Yen Term Loan due 2025	—		91.6
Long-term debt, principal amounts	3,314.4		3,718.8
Less: aggregate unamortized debt discounts, premiums, and issuance costs	8.1		11.5
Long-term debt, carrying value	3,306.3		3,707.3
Less: current portion of long-term debt, carrying value	1,189.2		376.2
Long-term debt, net of current maturities	$	2,117.1	$	3,331.1

Schedule of Outstanding Commercial Paper Programs

The details of our outstanding Commercial Paper Programs as of September 26, 2025 were as follows ($ in millions):

	Carrying value (a)		Annual effective rate		Weighted average maturity (in days)
U.S. dollar-denominated commercial paper	$	754.0	4.43	%	27
(a) Net of unamortized debt discount.