v3.26.1
LONG-TERM DEBT AND FINANCING ARRANGEMENTS (Tables)
 6 Months Ended
Jul. 04, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt and Financing Arrangements
July 4, 2026January 3, 2026
(Millions of Dollars)Interest RateNotional Value
Carrying Value1
Carrying Value
Notes payable due 20263.40%— — 499.9 
Notes payable due 20263.42%25.0 25.0 25.2 
Notes payable due 20261.84%28.6 28.5 29.5 
Notes payable due 20286.00%400.0 399.0 398.7 
Notes payable due 20287.05%150.0 154.3 155.3 
Notes payable due 20284.25%500.0 498.8 498.6 
Notes payable due 20283.52%50.0 51.4 51.7 
Notes payable due 20302.30%750.0 747.2 746.8 
Notes payable due 20323.00%500.0 497.4 497.2 
Notes payable due 20405.20%400.0 377.1 376.3 
Notes payable due 20484.85%500.0 495.5 495.4 
Notes payable due 20502.75%750.0 741.6 741.4 
Notes payable due 2060 (junior subordinated)6.71%750.0 742.0 741.9 
Other, payable due 20264.31%0.1 0.1 0.2 
Total Long-term debt, including current maturities$4,803.7 $4,757.9 $5,258.1 
Less: Current maturities of long-term debt(53.7)(554.8)
Long-term debt$4,704.2 $4,703.3 
1Carrying values are net of unamortized discounts of $(3.9) million, deferred issuance costs of $(26.6) million, unamortized terminated swaps of $(18.7) million, and purchase accounting fair value adjustments of $3.4 million. Unamortized gain/(loss) associated with interest rate swaps are more fully discussed in Note H, Financial Instruments.