LT Debt (Tables)

3 Months Ended

Apr. 01, 2023

Schedule of Long-term Debt Instruments [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following:

(thousands)	April 1, 2023		December 31, 2022
Revolving credit facility	$	15,000	$	—
North American asset securitization program	1,255,000		1,235,000
3.25% notes, due 2024	498,394		498,122
4.00% notes, due 2025	348,521		348,344
6.125% notes, due 2026	496,916		—
7.50% senior debentures, due 2027	110,123		110,103
3.875% notes, due 2028	496,608		496,448
2.95% notes, due 2032	497,196		494,522
Other obligations with various interest rates and due dates	1,298		425
	$	3,719,056	$	3,182,964

Schedule of Fair Value of Debt [Text Block]

The estimated fair market value of long-term debt, using quoted market prices, is as follows:

(thousands)	April 1, 2023		December 31, 2022
3.25% notes, due 2024	$	486,500	$	481,500
4.00% notes, due 2025	340,000		338,000
6.125% notes, due 2026	501,500		—
7.50% senior debentures, due 2027	118,500		116,500
3.875% notes, due 2028	475,500		456,000
2.95% notes, due 2032	420,500		395,500