Debt (Tables)

9 Months Ended

Sep. 27, 2024

Debt Disclosure [Abstract]

Schedule Of Debt

Debt consisted of the following:

		As of
		Third 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		—		150.0
Term Loan, due April 2026	April 2023		—		500.0
Term Loan, due April 2028	April 2023		—		500.0
Uncommitted Credit Facilities, floating rate			—		130.4
Unamortized discount and issuance costs			(9.8)		(13.8)
Total debt			$	1,790.2	$	3,066.6
Less: Short-term debt			400.0		530.4
Long-term debt			$	1,390.2	$	2,536.2

Schedule of Maturities of Long-term Debt

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

Year Payable
2024 (Remaining)	$	400.0
2025	—
2026	—
2027	—
2028	600.0
Thereafter	800.0
Total	$	1,800.0