LT Debt (Tables)

6 Months Ended

Jul. 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)	July 1, 2023		December 31, 2022
North American asset securitization program	$	1,220,000	$	1,235,000
3.25% notes, due 2024	498,668		498,122
4.00% notes, due 2025	348,699		348,344
6.125% notes, due 2026	496,268		—
7.50% senior debentures, due 2027	110,143		110,103
3.875% notes, due 2028	496,769		496,448
2.95% notes, due 2032	494,778		494,522
Other obligations with various interest rates and due dates	7,503		425
	$	3,672,828	$	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)	July 1, 2023		December 31, 2022
3.25% notes, due 2024	$	483,500	$	481,500
4.00% notes, due 2025	339,000		338,000
6.125% notes, due 2026	499,500		—
7.50% senior debentures, due 2027	116,500		116,500
3.875% notes, due 2028	463,500		456,000
2.95% notes, due 2032	413,500		395,500