SHORT AND LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 28, 2025

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Short-term debt consisted of the following:

	September 28, 2025			December 31, 2024
Short-term foreign bank borrowings against lines of credit	$	214,959		$	161,364
U.S. commercial paper	—			1,145,612
Total short-term debt	$	214,959		$	1,306,976
Weighted average interest rate on outstanding commercial paper	—		%	4.5		%

Schedule of Long-term Debt Instruments

Long-term debt consisted of the following:

Debt Type and Rate	Maturity Date	September 28, 2025		December 31, 2024
0.900% Notes (1)	June 1, 2025	—		300,000
3.200% Notes (2)	August 21, 2025	—		300,000
2.300% Notes	August 15, 2026	500,000		500,000
7.200% Debentures	August 15, 2027	193,639		193,639
4.550% Notes (3)	February 24, 2028	500,000		—
4.250% Notes	May 4, 2028	350,000		350,000
2.450% Notes	November 15, 2029	300,000		300,000
4.750% Notes (3)	February 24, 2030	500,000		—
1.700% Notes	June 1, 2030	350,000		350,000
4.950% Notes (3)	February 24, 2032	500,000		—
4.500% Notes	May 4, 2033	400,000		400,000
5.100% Notes (3)	February 24, 2035	500,000		—
3.375% Notes	August 15, 2046	300,000		300,000
3.125% Notes	November 15, 2049	400,000		400,000
2.650% Notes	June 1, 2050	350,000		350,000
Finance lease obligations (see Note 7)		69,743		73,802
Net impact of interest rate swaps, debt issuance costs and unamortized debt discounts		(33,962)		(22,266)
Total long-term debt		5,179,420		3,795,175
Less—current portion		502,334		604,965
Long-term portion		$	4,677,086	$	3,190,210

(1) In June 2025, we repaid $300,000 of 0.900% Notes due upon their maturity.

(2) In August 2025, we repaid $300,000 of 3.200% Notes due upon their maturity.

(3) During the first quarter of 2025, we issued $500,000 of 4.550% Notes due in February 2028, $500,000 of 4.750% Notes due in February 2030, $500,000 of 4.950% Notes due in February 2032 and $500,000 of 5.100% Notes due in February 2035 (together, the “2025 Notes”). Proceeds from the issuance of the 2025 Notes, net of discounts and issuance costs, totaled $1,984,545. The 2025 Notes were issued under a shelf registration statement on Form S-3 filed in May 2024 that registered an indeterminate amount of debt securities.

Schedule of Net Interest Expense

Net interest expense consists of the following:

	Three Months Ended				Nine Months Ended
	September 28, 2025		September 29, 2024		September 28, 2025		September 29, 2024
Interest expense	$	61,456	$	51,906	$	176,817	$	148,099
Capitalized interest	(2,257)		(5,343)		(9,732)		(15,620)
Interest expense	59,199		46,563		167,085		132,479
Interest income	(7,725)		(2,247)		(24,954)		(6,968)
Interest expense, net	$	51,474	$	44,316	$	142,131	$	125,511