Debt (Tables)

3 Months Ended

Mar. 29, 2025

Debt

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

	March 29,		December 31,
(thousands)	2025		2024
4.00% notes, due April 2025	$	350,000	$	349,808
Commercial paper		175,953		—
Other short-term borrowings		5,014		170
	$	530,967	$	349,978

Schedule of long-term debt

	March 29,		December 31,
(thousands)	2025		2024
Revolving credit facility	$	—	$	30,000
North American asset securitization program		200,000		633,000
7.50% senior debentures, due 2027		110,287		110,266
3.875% notes, due 2028		497,948		497,775
5.15% notes, due 2029		495,437		495,209
2.95% notes, due 2032		495,713		495,576
5.875% notes, due 2034		495,095		494,986
Other obligations with various interest rates and due dates		18,041		16,971
	$	2,312,521	$	2,773,783

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

	March 29,		December 31,
(thousands)	2025		2024
7.50% senior debentures, due 2027	$	115,000	$	115,000
3.875% notes, due 2028		487,000		481,500
5.15% notes, due 2029		502,500		498,000
2.95% notes, due 2032		427,500		426,000
5.875% notes, due 2034		504,500		502,500