XML 80 R68.htm IDEA: XBRL DOCUMENT v3.23.2
Debt - Fair Value and Carrying Value of Debt Instruments (Details) - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Less current portion of long term-debt and commercial paper $ 1,038,032 $ 840,571
1.750% Senior Notes, payable June 12, 2027; interest payable annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Interest rate (as a percent) 1.75%  
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Interest rate (as a percent) 3.625%  
Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Finance leases and other $ 73,999 52,050
Unamortized debt issuance costs (6,544) (7,270)
Total debt 2,961,366 2,697,775
Less current portion of long term-debt and commercial paper 1,038,032 840,571
Long-term debt, less current portion 1,923,334 1,857,204
Fair Value | United States    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Commercial paper 616,063 785,998
Term Loan Facility 675,000 675,000
Fair Value | Europe    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Commercial paper 398,887 42,808
Term Loan Facility 240,096 235,445
Fair Value | 1.750% Senior Notes, payable June 12, 2027; interest payable annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable 505,075 482,139
Fair Value | 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable 450,605 431,605
Fair Value | Senior credit facility, payable August 12, 2027    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable 8,185 0
Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Finance leases and other 73,999 52,050
Unamortized debt issuance costs (6,544) (7,270)
Total debt 3,051,359 2,819,134
Less current portion of long term-debt and commercial paper 1,038,032 840,571
Long-term debt, less current portion 2,013,327 1,978,563
Carrying Value | United States    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Commercial paper 616,063 785,998
Term Loan Facility 675,000 675,000
Carrying Value | Europe    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Commercial paper 398,887 42,808
Term Loan Facility 240,096 235,445
Carrying Value | 1.750% Senior Notes, payable June 12, 2027; interest payable annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable 545,673 535,103
Carrying Value | 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable 500,000 500,000
Carrying Value | Senior credit facility, payable August 12, 2027    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes payable $ 8,185 $ 0