Debt (Tables)

6 Months Ended

Jun. 28, 2025

Debt

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

	June 28,		December 31,
(thousands)	2025		2024
4.00% notes, due April 2025	$	—	$	349,808
Commercial paper		407,368		—
Other short-term borrowings		48,244		170
	$	455,612	$	349,978

Schedule of long-term debt

	June 28,		December 31,
(thousands)	2025		2024
Revolving credit facility	$	—	$	30,000
North American asset securitization program		246,000		633,000
7.50% senior debentures, due 2027		110,307		110,266
3.875% notes, due 2028		498,124		497,775
5.15% notes, due 2029		495,669		495,209
2.95% notes, due 2032		495,851		495,576
5.875% notes, due 2034		495,205		494,986
Other obligations with various interest rates and due dates		24,656		16,971
	$	2,365,812	$	2,773,783

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

	June 28,		December 31,
(thousands)	2025		2024
7.50% senior debentures, due 2027	$	115,000	$	115,000
3.875% notes, due 2028		490,000		481,500
5.15% notes, due 2029		507,500		498,000
2.95% notes, due 2032		438,000		426,000
5.875% notes, due 2034		514,500		502,500