SHORT AND LONG-TERM DEBT (Tables)

9 Months Ended

Oct. 02, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt consisted of the following:

	October 2, 2016		December 31, 2015
5.45% Notes due 2016 (1)	$	—	$	250,000
1.50% Notes due 2016	250,000		250,000
1.60% Notes due 2018	300,000		300,000
4.125% Notes due 2020	350,000		350,000
8.8% Debentures due 2021	84,715		84,715
2.625% Notes due 2023	250,000		250,000
3.20% Notes due 2025	300,000		300,000
2.30% Notes due 2026 (2)	500,000		—
7.2% Debentures due 2027	193,639		193,639
3.375% Notes due 2046 (2)	300,000		—
Other obligations, net of debt issuance costs and unamortized debt discount	84,136		78,660
Total long-term debt	2,612,490		2,057,014
Less—current portion	250,024		499,923
Long-term portion	$	2,362,466	$	1,557,091

Schedule Of Net Interest Expense

Net interest expense consisted of the following:

	Three Months Ended						Nine Months Ended
	October 2, 2016			October 4, 2015			October 2, 2016			October 4, 2015
Interest expense	$	25,882		$	22,590		$	72,404		$	68,874
Less: Capitalized interest	(1,141		)	(3,071		)	(4,702		)	(9,314		)
Loss on extinguishment of debt	—			28,326			—			28,326
Interest expense	24,741			47,845			67,702			87,886
Interest income	(354		)	(878		)	(972		)	(2,840		)
Interest expense, net	$	24,387		$	46,967		$	66,730		$	85,046