Debt (Tables)

9 Months Ended

Oct. 02, 2020

Debt consisted of the following:


As of		Third Quarter of				Fiscal Year End
Instrument	Date of Issuance	2020			2019
(In millions)		Effective interest rate
Senior Notes:
2023 Senior Notes, 4.15%, due June 2023	June 2018	4.36%	$	300.0		$	300.0
2028 Senior Notes, 4.90%, due June 2028	June 2018	5.04%	600.0			600.0
2024 Senior Notes, 4.75%, due December 2024	November 2014	4.95%	400.0			400.0
Credit Facilities:
2018 Credit Facility, floating rate:
Term Loan, due July 2022	May 2018	3.33%	100.0			225.0
Revolving Credit Facility, due May 2023	May 2018	1.55%	—			110.0

Uncommitted facilities, floating rate		1.16%	279.6			218.7
Promissory notes and other debt			0.1			0.3
Unamortized discount and issuance costs			(9.5)			(10.8)
Total debt			1,670.2			1,843.2
Less: Short-term debt			279.6			219.0
Long-term debt			$	1,390.6		$	1,624.2

Schedule of Maturities of Long-term Debt

At the end of the third quarter of fiscal 2020, our debt maturities based on outstanding principal were as follows (in millions):


Year Payable
2020 (Remaining)	$	279.6
2021	0.1
2022	100.0
2023	300.0
2024	400.0
Thereafter	600.0
Total	$	1,679.7

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details