Debt - ST Debt (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 31, 2023
Debt
Other short-term borrowings	$ 11,318	$ 32,848
Short-term borrowings, including current portion of long-term debt	860,538	1,653,954
3.25% notes, due September 2024
Debt
Short-term borrowings, including current portion of long-term debt	$ 499,686	$ 499,224
Debt instrument, interest rate, stated percentage	3.25%	3.25%
4.00% notes, due April 2025
Debt
Short-term borrowings, including current portion of long-term debt	$ 349,534	$ 0
Debt instrument, interest rate, stated percentage	4.00%	4.00%
Lines of credit
Debt
Lines of credit facility, maximum borrowing capacity	$ 500,000
Short-term debt, weighted-average interest rate, at point in time	5.82%	5.83%
Line of credit, current	$ 0	$ 0
Commercial paper
Debt
Lines of credit facility, maximum borrowing capacity	1,200,000
Short-term borrowings, including current portion of long-term debt	0	1,121,882
Commercial paper	$ 0	$ 1,100,000
Short-term debt, weighted-average interest rate, at point in time	5.83%	5.90%

Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days.

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- Definition

Amount of debt and lease obligation, classified as current.

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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Amount of borrowings classified as other, maturing within one year or the normal operating cycle, if longer.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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No definition available.

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Weighted average interest rate of short-term debt outstanding calculated at point in time.

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