XML 68 R56.htm IDEA: XBRL DOCUMENT v3.24.3
Debt - Long-term Borrowings (Details) - USD ($)
$ in Millions
Sep. 29, 2024
Dec. 31, 2023
Oct. 01, 2023
Debt Instrument [Line Items]      
Carrying Cost $ 3,984.9 $ 3,484.9 $ 3,734.9
Less: Deferred debt expenses 22.3 19.1 20.3
Less: Current portion 500.0 500.0 60.0
Long-term debt, carrying cost 3,462.6 2,965.8 3,654.6
Fair Value 3,976.9 3,349.1 3,463.1
Long-term debt, fair value $ 3,976.9 3,349.1 3,463.1
3.90% Notes Due 2029      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 3.90%    
Carrying Cost $ 900.0 900.0 900.0
Fair Value $ 869.5 839.8 797.4
3.55% Notes Due 2026      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 3.55%    
Carrying Cost $ 675.0 675.0 675.0
Fair Value $ 662.4 641.0 629.3
3.00% Notes Due 2024      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 3.00%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 498.2 488.4 483.2
6.35% Notes Due 2040      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 6.35%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 536.5 520.1 483.7
3.50% Notes Due 2027      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 3.50%    
Carrying Cost $ 500.0 500.0 500.0
Fair Value $ 486.6 472.2 461.4
6.05% Notes Due 2034      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 6.05%    
Carrying Cost $ 500.0 0.0 0.0
Fair Value $ 526.5 0.0 0.0
5.10% Notes Due 2044      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 5.10%    
Carrying Cost $ 300.0 300.0 300.0
Fair Value $ 279.7 271.6 245.1
6.60% Debentures Due 2028      
Debt Instrument [Line Items]      
Debt stated interest rate (as a percent) 6.60%    
Carrying Cost $ 109.9 109.9 109.9
Fair Value 117.5 116.0 113.0
Variable % Notes Due December 30, 2024      
Debt Instrument [Line Items]      
Carrying Cost 0.0 0.0 250.0
Fair Value 0.0 0.0 250.0
Production Financing Facilities      
Debt Instrument [Line Items]      
Carrying Cost 0.0 0.0 0.0
Fair Value $ 0.0 $ 0.0 $ 0.0