DEBT (Tables)

12 Months Ended

Jan. 01, 2022

DEBT

Schedule of long-term debt, including its respective interest rates, at year-end

Our long-term debt, and their respective interest rates, at year-end 2021 and 2020 is shown below.

(In millions)	2021		2020
Long-term debt
Medium-term notes:
Series 1995 due 2020 and 2025	$	30.0	$	30.0
Long-term notes:
Senior notes due 2023 at 3.4%		249.5		249.3
Senior notes due 2024 at 0.85%		298.3		–
Senior notes due 2025 at 1.25%(1)		563.3		612.1
Senior notes due 2028 at 4.875%		495.3		494.6
Senior notes due 2030 at 2.650%		494.8		494.2
Senior notes due 2032 at 2.25%		493.9		–
Senior notes due 2033 at 6.0%		149.1		149.0
Less amount classified as current		–		–
Total long-term debt(2)	$	2,774.2	$	2,029.2

(1)  These senior notes are euro-denominated.

(2) Includes unamortized debt issuance costs and debt discounts of $12.9 million and $8.2 million, respectively, as of year-end 2021 and $8.7 million and $4.9 million, respectively, as of year-end 2020.

Schedule of maturities of long term debt for each of the next five fiscal years and thereafter

We expect maturities of our long-term debt for each of the next five fiscal years and thereafter to be as follows:

Year	(In millions)
2022	$	–
2023		250.0
2024		300.0
2025		595.3
2026		–
2027 and thereafter		1,650.0