Debt (Tables)

3 Months Ended

Mar. 30, 2019

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

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

	March 30, 2019					December 31, 2018
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	618,582		600,000		599,904		600,000
2.00% senior notes, payable January 14, 2022; interest payable annually	583,744			560,915		587,487		572,148
Floating Rate Notes, payable May 18, 2020, interest payable quarterly	336,286			336,549		343,004		343,289
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	336,751			336,549		343,560		343,289
U.S. commercial paper	688,000			688,000		632,668		632,668
European commercial paper	717,411			717,411		707,175		707,175
Five-year senior secured credit facility, due March 26, 2022	20,193			20,193		57,896		57,896
Capital leases and other	6,310			6,310		6,664		6,664
Unamortized debt issuance costs	(4,620		)	(4,620	)	(5,155	)	(5,155	)
Total debt	3,302,657			3,261,307		3,273,203		3,257,974
Less current portion of long-term debt and commercial paper	1,763,332			1,763,332		1,742,373		1,742,373
Long-term debt, less current portion	$	1,539,325		1,497,975		1,530,830		1,515,601