XML 69 R55.htm IDEA: XBRL DOCUMENT v3.20.2
Financing (Narrative) (Details)
$ / shares in Units, shares in Thousands, € in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2020
USD ($)
$ / shares
Jun. 05, 2020
USD ($)
May 15, 2020
USD ($)
Apr. 08, 2020
USD ($)
Apr. 08, 2020
EUR (€)
Apr. 07, 2020
USD ($)
Mar. 31, 2020
Mar. 30, 2020
USD ($)
Mar. 30, 2020
EUR (€)
Mar. 24, 2020
USD ($)
Jul. 03, 2020
USD ($)
$ / shares
Jul. 03, 2020
USD ($)
$ / shares
Jun. 28, 2019
USD ($)
Jul. 03, 2020
USD ($)
$ / shares
shares
Jun. 28, 2019
USD ($)
Dec. 31, 2019
USD ($)
$ / shares
Debt Instrument [Line Items]                                
Debt discounts, premiums and debt issuance costs $ 122.0                   $ 122.0 $ 122.0   $ 122.0   $ 112.0
Common stock, par value | $ / shares $ 0.01                   $ 0.01 $ 0.01   $ 0.01   $ 0.01
Debt conversion, converted instrument, tax benefit                       $ 3.0 $ 3.5 $ 3.0 $ 8.2  
Commercial paper                                
Debt Instrument [Line Items]                                
Long-term debt $ 1,700.0                   $ 1,700.0 $ 1,700.0   $ 1,700.0    
Weighted average interest rate of long-term debt, interest rate 0.04%                   0.04% 0.04%   0.04%    
Weighted average maturity of long-term debt, at point in time 27 days                              
Senior notes                                
Debt Instrument [Line Items]                                
Proceeds from issuance of debt       $ 816.0 € 754     $ 1,900.0 € 1,700              
Zero-coupon LYONs due 2021 | Convertible debt                                
Debt Instrument [Line Items]                                
Shares issued under debt conversion, shares | shares                           288    
Debt conversion, converted instrument, tax benefit                           $ 3.0    
Long-term debt | Revolving credit facility | Five-Year Facility                                
Debt Instrument [Line Items]                                
Line of credit   $ 5,000.0                            
Proceeds from line of credit                   $ 2,500.0            
Line of credit facility, interest rate             1.70%       1.90%          
Repayments of debt     $ 1,250.0                          
Short-term debt | Revolving credit facility | Superseded 364-Day Facility                                
Debt Instrument [Line Items]                                
Line of credit   5,000.0                            
Proceeds from line of credit           $ 2,500.0                    
Line of credit facility, interest rate           2.30%                    
Repayments of debt     $ 2,500.0                          
Short-term debt | Revolving credit facility | 364-Day Facility                                
Debt Instrument [Line Items]                                
Line of credit   $ 2,500.0                            
Debt instrument, covenants, conversion fee, percent   0.75%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Minimum                                
Debt Instrument [Line Items]                                
Line of credit facility, commitment fee percentage   0.10%                            
Debt instrument, covenants, leverage ratio   0.65%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Maximum                                
Debt Instrument [Line Items]                                
Line of credit facility, commitment fee percentage   0.225%                            
Debt instrument, covenants, leverage ratio   1.00%                            
Short-term debt | Revolving credit facility | 364-Day Facility | LIBOR | Minimum                                
Debt Instrument [Line Items]                                
Debt instrument, basis spread on variable rate   0.90%                            
Short-term debt | Revolving credit facility | 364-Day Facility | LIBOR | Maximum                                
Debt Instrument [Line Items]                                
Debt instrument, basis spread on variable rate   1.275%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Fed funds rate                                
Debt Instrument [Line Items]                                
Debt instrument, basis spread on variable rate   0.50%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Eurodollar                                
Debt Instrument [Line Items]                                
Debt instrument, basis spread on variable rate   1.00%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Eurodollar | Minimum                                
Debt Instrument [Line Items]                                
Line of credit facility, commitment fee percentage   0.00%                            
Short-term debt | Revolving credit facility | 364-Day Facility | Eurodollar | Maximum                                
Debt Instrument [Line Items]                                
Line of credit facility, commitment fee percentage   0.275%