Debt (Tables)

6 Months Ended

Jul. 01, 2022

Debt Disclosure [Abstract]

Schedule Of Debt

Debt consisted of the following:

		Second Quarter of			Year End
Instrument	Date of Issuance	2022			2021
(In millions)		Effective interest rate
Senior Notes:
2023 Senior Notes, 4.15%, due June 2023	June 2018	4.36%	$	300.0	$	300.0
2024 Senior Notes, 4.75%, due December 2024	November 2014	4.95%	400.0		400.0
2028 Senior Notes, 4.90%, due June 2028	June 2018	5.04%	600.0		600.0
Unamortized discount and issuance costs			(5.9)		(6.8)
Total debt			$	1,294.1	$	1,293.2
Less: Short-term debt			300.0		—
Long-term debt			$	994.1	$	1,293.2

Schedule of Maturities of Long-term Debt

At the end of the second quarter of 2022, our debt maturities based on outstanding principal were as follows (in millions):

Year Payable
2022 (Remaining)	$	—
2023	300.0
2024	400.0
2025	—
2026	—
Thereafter	600.0
Total	$	1,300.0