The fair values and carrying values of our debt instruments are detailed as follows:



	April 2, 2016					December 31, 2015
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% Senior Notes, payable February 1, 2023; interest payable semiannually	$	617,322		600,000		584,730		600,000
6.125% Senior Notes, payable January 15, 2016; interest payable semiannually	—			—		646,130		645,555
2.00% Senior Notes, payable January 14, 2022; interest payable annually	581,955			569,606		554,209		546,627
U.S. commercial paper	1,060,690			1,060,690		284,800		284,800
European commercial paper	484,165			484,165		472,067		472,067
Five-year senior secured credit facility, due March 26, 2021	26,424			26,424		134,075		134,075
Securitization facility	500,000			500,000		500,000		500,000
Capital leases and other	17,020			17,020		16,805		16,807
Unamortized debt issuance costs	(8,126		)	(8,126	)	(7,964	)	(7,964	)
Total debt	3,279,450			3,249,779		3,184,852		3,191,967
Less current portion of long term debt and commercial paper	2,076,179			2,076,179		2,003,578		2,003,003
Long-term debt, less current portion	$	1,203,271		1,173,600		1,181,274		1,188,964