v3.25.2
FINANCING (Tables)
6 Months Ended
Jun. 27, 2025
Debt Disclosure [Abstract]  
Schedule of Components of Debt
The components of our debt were as follows ($ in millions):
June 27, 2025December 31, 2024
U.S. dollar-denominated commercial paper$395.0 $650.0 
3.7% Euro-denominated senior unsecured notes due 2026
585.9 517.7 
3.7% Euro-denominated senior unsecured notes due 2029
820.3 724.8 
Euro Term Loan due 2025322.2 284.7 
Yen Term Loan due 202599.6 91.6 
3.15% senior unsecured notes due 2026
900.0 900.0 
4.30% senior unsecured notes due 2046
550.0 550.0 
Subtotal
3,673.0 3,718.8 
Ralliant debt:
USD Term Loan due 2026
530.8 — 
USD Term Loan due 2028
619.2 — 
Total Ralliant debt
1,150.0 — 
Long-term debt, principal amounts
4,823.0 3,718.8 
Less: aggregate unamortized debt discounts, premiums, and issuance costs10.8 11.5 
Long-term debt, carrying value4,812.2 3,707.3 
Less: current portion of long-term debt, carrying value1,905.7 376.2 
Long-term debt, net of current maturities$2,906.5 $3,331.1 
Schedule of Outstanding Commercial Paper Programs
The details of our outstanding Commercial Paper Programs as of June 27, 2025 were as follows ($ in millions):
Carrying value (a)
Annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$394.2 4.63 %30
(a) Net of unamortized debt discount.