v3.25.2
External Debt and Financing Arrangements (Tables)
6 Months Ended
Jun. 28, 2025
Debt Disclosure [Abstract]  
Summary of Outstanding Notes The following table provides a summary of the Company’s outstanding Notes, including the net carrying value of the Notes, net of underwriting commissions, price discounts, and debt issuance costs as of June 28, 2025 and December 28, 2024:

 

 

 

 

 

 

 

 

 

Net Carrying Value

 

 (in millions)

Principal Amount

 

 

Issuance Date

 

Maturity Date

 

June 28, 2025

 

 

December 28, 2024

 

4.000% Senior Notes

$

500.0

 

 

June 2015

 

June 2025

 

$

-

 

 

$

499.6

 

3.250% Senior Notes

$

700.0

 

 

September 2019

 

September 2029

 

 

696.9

 

 

 

696.5

 

4.000% Senior Notes

$

450.0

 

 

March 2022

 

March 2032

 

 

446.9

 

 

 

446.7

 

4.500% Senior Notes

$

450.0

 

 

March 2022

 

March 2052

 

 

436.6

 

 

 

436.4

 

5.875% Senior Notes

$

600.0

 

 

June 2023

 

June 2033

 

 

594.5

 

 

 

594.1

 

Total Senior Notes

 

 

 

 

 

 

 

$

2,174.9

 

 

$

2,673.3

 

Less: current portion

 

 

 

 

 

 

 

 

-

 

 

 

499.6

 

Total Senior Notes long-term

 

 

 

 

 

 

 

$

2,174.9

 

 

$

2,173.7