v3.25.4
Debt - LT Debt (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Sep. 28, 2024
Jun. 29, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Debt          
Long-term debt     $ 3,084,715 $ 2,773,783  
Accounts receivable, net     19,738,666 13,030,991  
Expected annual payments of borrowings          
2026     341    
2027     1,087,775    
2028     506,133    
2029     503,488    
2030     1,221    
Thereafter     1,000,000    
Investment income, interest and dividend     46,800 54,500 $ 66,400
Interest paid, net of interest and dividend income     163,200 199,000 $ 274,100
Revolving credit facility          
Debt          
Maximum borrowing capacity     2,000,000    
Long-term debt     $ 0 $ 30,000  
Debt instrument, interest rate, effective percentage     5.01% 5.48%  
Facility fee     0.175%    
Expected annual payments of borrowings          
Derivative, basis spread on variable rate     1.08%    
North American asset securitization program          
Debt          
Maximum borrowing capacity     $ 1,500,000    
Long-term debt     $ 970,000 $ 633,000  
Debt instrument, interest rate, effective percentage     4.19% 4.83%  
Facility fee     0.40%    
Debt instrument, basis spread on variable rate     0.10%    
Accounts receivable, net     $ 3,000,000 $ 3,000,000  
Expected annual payments of borrowings          
Derivative, basis spread on variable rate     0.40%    
6.125% notes, due 2026          
Debt          
Debt instrument, face amount   $ 500,000      
Debt instrument, interest rate, stated percentage   6.125%      
7.50% senior debentures, due 2027          
Debt          
Long-term debt     $ 110,348 110,266  
Debt instrument, fair value     $ 114,000 $ 115,000  
Debt instrument, interest rate, stated percentage     7.50% 7.50%  
3.875% notes, due 2028          
Debt          
Long-term debt     $ 498,480 $ 497,775  
Debt instrument, fair value     $ 496,500 $ 481,500  
Debt instrument, interest rate, stated percentage     3.875% 3.875%  
5.15% notes, due 2029          
Debt          
Long-term debt     $ 496,142 $ 495,209  
Debt instrument, fair value     $ 511,500 $ 498,000  
Debt instrument, face amount $ 500,000        
Debt instrument, interest rate, stated percentage 5.15%   5.15% 5.15%  
Proceeds from offering $ 494,900        
2.95% notes, due 2032          
Debt          
Long-term debt     $ 496,131 $ 495,576  
Debt instrument, fair value     $ 447,500 $ 426,000  
Debt instrument, interest rate, stated percentage     2.95% 2.95%  
5.875% notes, due 2034          
Debt          
Long-term debt     $ 495,430 $ 494,986  
Debt instrument, fair value     $ 522,500 $ 502,500  
Debt instrument, face amount   $ 500,000      
Debt instrument, interest rate, stated percentage   5.875% 5.875% 5.875%  
Proceeds from offering   $ 494,700      
Other obligations with various interest rates and due dates          
Debt          
Long-term debt     $ 18,184 $ 16,971