v3.25.1
FINANCING (Tables)
3 Months Ended
Mar. 28, 2025
Debt Disclosure [Abstract]  
Schedule of Components of Debt
The components of our debt were as follows ($ in millions):
March 28, 2025December 31, 2024
U.S. dollar-denominated commercial paper$730.0 $650.0 
3.7% Euro-denominated senior unsecured notes due 2026
541.4 517.7 
3.7% Euro-denominated senior unsecured notes due 2029
758.0 724.8 
Euro Term Loan due 2025297.8 284.7 
Yen Term Loan due 202596.1 91.6 
3.15% senior unsecured notes due 2026
900.0 900.0 
4.30% senior unsecured notes due 2046
550.0 550.0 
Long-term debt, principal amounts3,873.3 3,718.8 
Less: aggregate unamortized debt discounts, premiums, and issuance costs10.4 11.5 
Long-term debt, carrying value3,862.9 3,707.3 
Less: current portion of long-term debt, carrying value933.8 376.2 
Long-term debt, net of current maturities$2,929.1 $3,331.1 
Schedule of Short-Term Debt
The details of our outstanding Commercial Paper Programs as of March 28, 2025 were as follows ($ in millions):
Carrying value (a)
Annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$729.1 4.60 %28
(a) Net of unamortized debt discount.