v3.26.1
FINANCING (Tables)
3 Months Ended
Apr. 03, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
The components of our debt were as follows ($ in millions):
April 3, 2026December 31, 2025
Commercial paper programs
$1,241.1 $650.0 
3.15% senior unsecured notes due 2026
900.0 900.0 
3.7% Euro-denominated senior unsecured notes due 2029
806.3 822.2 
4.30% senior unsecured notes due 2046
550.0 550.0 
3.7% Euro-denominated senior unsecured notes due 2026
— 291.3 
Long-term debt, principal amounts
3,497.4 3,213.5 
Less: aggregate unamortized debt discounts, premiums, and issuance costs8.3 7.5 
Long-term debt, carrying value3,489.1 3,206.0 
Less: current portion of long-term debt, carrying value899.8 899.5 
Long-term debt, net of current maturities$2,589.3 $2,306.5 
Schedule of Outstanding Commercial Paper Programs
The details of our outstanding Commercial Paper Programs as of April 3, 2026 were as follows ($ in millions):
Carrying value (a)
Annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$1,166.2 4.07 %18
Euro-denominated commercial paper
72.5 2.37 %19
(a) Net of unamortized debt discount.