Debt (Tables)

3 Months Ended

Apr. 03, 2021

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of the Company's debt instruments are detailed as follows:

	At April 3, 2021			At December 31, 2020
	Fair Value		Carrying Value	Fair Value	Carrying Value
1.750% Senior Notes, payable June 12, 2027; interest payable annually	$	629,780	587,959	635,664	615,006
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually	540,305		500,000	561,890	500,000
3.85% Senior Notes, payable February 1, 2023; interest payable semi-annually	631,128		600,000	638,844	600,000
2.00% Senior Notes, payable January 14, 2022; interest payable annually	595,103		587,959	624,680	615,006
2021 Floating Rate Notes, payable September 04, 2021; interest payable quarterly	352,944		352,775	368,738	369,004
European commercial paper	2,940		2,940	—	—
Finance leases and other	51,848		51,848	46,302	46,302
Unamortized debt issuance costs	(10,453)		(10,453)	(11,176)	(11,176)
Total debt	2,793,595		2,673,028	2,864,942	2,734,142
Less current portion of long term debt and commercial paper	961,226		953,913	376,989	377,255
Long-term debt, less current portion	$	1,832,369	1,719,115	2,487,953	2,356,887