v3.26.1
FINANCING (Tables)
6 Months Ended
Jul. 03, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
The components of our debt were as follows ($ in millions):
July 3, 2026December 31, 2025
Commercial paper programs
$1,076.6 $650.0 
4.75% senior unsecured notes due 2031
600.0 — 
5.25% senior unsecured notes due 2036
500.0 — 
4.30% senior unsecured notes due 2046
550.0 550.0 
3.70% Euro-denominated senior unsecured notes due 2029
800.6 822.2 
3.15% senior unsecured notes due 2026
— 900.0 
3.70% Euro-denominated senior unsecured notes due 2026
— 291.3 
Long-term debt, principal amounts
3,527.2 3,213.5 
Less: aggregate unamortized debt discounts, premiums, and issuance costs17.9 7.5 
Long-term debt, carrying value3,509.3 3,206.0 
Less: current portion of long-term debt, carrying value— 899.5 
Long-term debt, net of current maturities$3,509.3 $2,306.5 
Schedule of Outstanding Commercial Paper Programs
The details of our outstanding Commercial Paper Programs as of July 3, 2026 were as follows ($ in millions):
Carrying value (a)
Annual effective rateWeighted average maturity (in days)
U.S. dollar-denominated commercial paper$824.0 4.02 %12
Euro-denominated commercial paper
251.2 2.45 %25
(a) Net of unamortized debt discount.