Debt (Tables)

3 Months Ended

Mar. 30, 2024

Debt

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

	March 30,		December 31,
(thousands)	2024		2023
3.25% notes, due September 2024	$	499,505	$	499,224
Commercial paper		427,763		1,121,882
Other short-term borrowings		18,430		32,848
	$	945,698	$	1,653,954

Schedule of long-term debt

	March 30,		December 31,
(thousands)	2024		2023
Revolving Credit Facility	$	50,000	$	—
North American asset securitization program		625,000		198,000
4.00% notes, due 2025		349,245		349,061
6.125% notes, due 2026 (a) (b)		498,343		497,661
7.50% senior debentures, due 2027		110,205		110,184
3.875% notes, due 2028		497,264		497,098
2.95% notes, due 2032		495,172		495,039
Other obligations with various interest rates and due dates		7,021		6,510
	$	2,632,250	$	2,153,553

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

	March 30,		December 31,
(thousands)	2024		2023
4.00% notes, due 2025	$	344,500	$	343,500
6.125% notes, due 2026		499,500		502,000
7.50% senior debentures, due 2027		116,000		117,000
3.875% notes, due 2028		475,000		475,000
2.95% notes, due 2032		420,000		425,000