v3.25.2
Long-Term Debt
 6 Months Ended
Jun. 29, 2025
Debt Disclosure [Abstract]  
Long-Term Debt Long-Term Debt
Balance at
Long-Term Debt (in millions):June 29, 2025December 29, 2024
$1.20 billion credit facility due June 2029
$— $— 
1.60% Fixed Rate Senior Notes due April 2026
450.0 450.0 
2.25% Fixed Rate Senior Notes due April 2028
700.0 700.0 
2.50% Fixed Rate Senior Notes due August 2030
485.0 485.0 
2.75% Fixed Rate Senior Notes due April 2031
996.7 1,030.0 
Other debt1.0 1.2 
Debt discount and debt issuance costs(15.3)(17.2)
Total debt, net2,617.4 2,649.0 
Less: Current portion of long-term debt(450.2)(0.3)
Total long-term debt, net of current portion$2,167.2 $2,648.7 
At June 29, 2025, $1,168.0 million was available under the $1.2 billion credit facility after reductions of $32.0 million in outstanding letters of credit. The Company’s bank credit agreements requires it to comply with various financial and operating covenants, and at June 29, 2025, the Company was in compliance with these covenants.