v3.25.2
Long-Term Debt and Other Financing (Tables)
6 Months Ended
Jun. 29, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Borrowings
The carrying costs, which are equal to the outstanding principal amounts, and fair values of the Company's long-term borrowings are as follows:
June 29, 2025June 30, 2024December 29, 2024
Carrying
Cost
Fair
Value
Carrying
Cost
Fair
Value
Carrying
Cost
Fair
Value
3.90% Notes Due 2029
$900.0 $866.4 $900.0 $830.9 $900.0 $845.6 
3.55% Notes Due 2026
554.9 547.2 675.0 644.8 591.9 578.0 
6.05% Notes Due 2034
500.0 514.9 500.0 500.1 500.0 502.2 
6.35% Notes Due 2040
500.0 507.3 500.0 512.1 500.0 507.5 
3.50% Notes Due 2027
475.0 463.9 500.0 471.5 500.0 481.5 
5.10% Notes Due 2044
300.0 258.5 300.0 258.0 300.0 261.3 
6.60% Debentures Due 2028
109.9 116.8 109.9 114.2 109.9 114.4 
3.00% Notes Due 2024
— — 500.0 494.6 — — 
Total long-term debt$3,339.8 $3,275.0 $3,984.9 $3,826.2 $3,401.8 $3,290.5 
Less: Deferred debt expenses18.9 — 23.5 — 21.0 — 
Less: Current portion— — 500.0 — — — 
Long-term debt$3,320.9 $3,275.0 $3,461.4 $3,826.2 $3,380.8 $3,290.5