Debt (Tables)

3 Months Ended

Mar. 29, 2024

Debt Disclosure [Abstract]

Schedule Of Debt

Debt consisted of the following:

		As of
		First Quarter of			Year End
Instrument	Date of Issuance	2024			2023
(In millions)		Effective interest rate
Senior Notes:
Senior Notes, 4.75%, due December 2024	November 2014	4.95%	$	400.0	$	400.0
Senior Notes, 4.90%, due June 2028	June 2018	5.04%	600.0		600.0
Senior Notes, 6.10%, due March 2033	March 2023	6.13%	800.0		800.0
Credit Facilities:
2022 Revolving Credit Facility, due March 2027	September 2022	6.68%	100.0		150.0
Term Loan, due April 2026	April 2023	6.93%	500.0		500.0
Term Loan, due April 2028	April 2023	7.06%	500.0		500.0
Uncommitted Credit Facilities, floating rate		5.38%	143.4		130.4
Unamortized discount and issuance costs			(13.1)		(13.8)
Total debt			$	3,030.3	$	3,066.6
Less: Short-term debt			543.4		530.4
Long-term debt			$	2,486.9	$	2,536.2

Schedule of Maturities of Long-term Debt

At the end of the first quarter of 2024, our debt maturities based on outstanding principal were as follows (in millions):

Year Payable
2024 (Remaining)	$	543.4
2025	—
2026	518.8
2027	143.7
2028	1,037.5
Thereafter	800.0
Total	$	3,043.4