Debt (Tables)

9 Months Ended

Sep. 27, 2025

Debt

Schedule of short-term borrowings, including current portion of long-term debt

	September 27,		December 31,
(thousands)	2025		2024
4.00% notes, due April 2025	$	—	$	349,808
Other short-term borrowings		10,818		170
	$	10,818	$	349,978

Schedule of long-term debt

	September 27,		December 31,
(thousands)	2025		2024
Revolving credit facility	$	—	$	30,000
North American asset securitization program		1,005,000		633,000
7.50% senior debentures, due 2027		110,327		110,266
3.875% notes, due 2028		498,301		497,775
5.15% notes, due 2029		495,904		495,209
2.95% notes, due 2032		495,991		495,576
5.875% notes, due 2034		495,317		494,986
Other obligations with various interest rates and due dates		17,828		16,971
	$	3,118,668	$	2,773,783

Schedule of estimated fair market value of long-term debt, using quoted market prices

	September 27,		December 31,
(thousands)	2025		2024
7.50% senior debentures, due 2027	$	114,500	$	115,000
3.875% notes, due 2028		494,000		481,500
5.15% notes, due 2029		511,000		498,000
2.95% notes, due 2032		446,000		426,000
5.875% notes, due 2034		522,500		502,500