v3.26.1
Long-Term Debt
 6 Months Ended
Jun. 28, 2026
Debt Disclosure [Abstract]  
Long-Term Debt Long-Term Debt
Balance at
Long-Term Debt (in millions):June 28, 2026December 28, 2025
$1.2 billion credit facility due June 2029
$— $— 
1.60% Fixed Rate Senior Notes due April 2026
— 450.0 
2.25% Fixed Rate Senior Notes due April 2028
700.0 700.0 
2.50% Fixed Rate Senior Notes due August 2030
427.3 427.3 
2.75% Fixed Rate Senior Notes due April 2031
910.8 910.7 
Other debt0.8 1.0 
Debt discount and debt issuance costs(11.9)(13.6)
Total debt, net2,027.0 2,475.4 
Less: Current portion of long-term debt(0.1)(450.1)
Total long-term debt, net of current portion$2,026.9 $2,025.3 
At June 28, 2026, $1,160.7 million was available under the $1.2 billion credit facility after reductions of $39.3 million in outstanding letters of credit. The Company’s bank credit agreements require the Company to comply with various financial and operating covenants, and at June 28, 2026, the Company was in compliance with these covenants. At June 28, 2026, Teledyne has $64.2 million in outstanding letters of credit, including $39.3 million against our credit facility. In the second quarter of 2026, the Company repaid $450.0 million of its Fixed Rate Senior Notes due April 2026.