XML 20 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
3 Months Ended
Apr. 04, 2015
Apr. 23, 2015
Dec. 31, 2014
Jun. 30, 2013
Debt [Line Items]        
Face value of debt   $ 1,300,000,000us-gaap_DebtInstrumentFaceAmount    
Notes payable and debt 175,316,000us-gaap_DebtCurrent   225,243,000us-gaap_DebtCurrent  
Long-term debt 1,310,000,000us-gaap_LongTermDebtNoncurrent   1,240,000,000us-gaap_LongTermDebtNoncurrent  
Total debt 1,485,316,000us-gaap_DebtAndCapitalLeaseObligations   1,465,243,000us-gaap_DebtAndCapitalLeaseObligations  
Senior unsecured notes - Series A [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 3.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesAaMember
     
Notes payable and debt     100,000,000us-gaap_DebtCurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesAaMember
 
Senior unsecured notes - Series B [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 5.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesBMember
     
Long-term debt 100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesBMember
  100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesBMember
 
Senior unsecured notes - Series C [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 2.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesCMember
     
Notes payable and debt 50,000,000us-gaap_DebtCurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesCMember
     
Long-term debt     50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesCMember
 
Senior unsecured notes - Series D [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 3.22%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesDMember
     
Long-term debt 100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesDMember
  100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesDMember
 
Senior unsecured notes - Series E [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 3.97%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesEMember
     
Long-term debt 50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesEMember
  50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesEMember
 
Senior unsecured notes - Series F [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 3.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesFMember
     
Long-term debt 100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesFMember
  100,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesFMember
 
Senior Unsecured Notes - Series G [Member]        
Debt [Line Items]        
Stated interest rate on debt instrument 3.92%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesGMember
     
Long-term debt 50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesGMember
  50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNotesSeriesGMember
 
Senior Unsecured Note - Series H [Member]        
Debt [Line Items]        
Interest rate terms on debt * Series H senior unsecured notes bear interest at 3 month LIBOR for that floating rate interest period plus 1.25%.      
Long-term debt 50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNoteSeriesHMember
  50,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_SeniorUnsecuredNoteSeriesHMember
 
Foreign subsidiary lines of credit [Member]        
Debt [Line Items]        
Notes payable and debt 316,000us-gaap_DebtCurrent
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
  243,000us-gaap_DebtCurrent
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
 
Weighted-average interest rate 1.12%us-gaap_DebtWeightedAverageInterestRate
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
  1.48%us-gaap_DebtWeightedAverageInterestRate
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
 
Line of credit maximum borrowing capacity 87,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
  88,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ wat_DebtTypeAxis
= us-gaap_LineOfCreditMember
 
Unsecured debt [Member]        
Debt [Line Items]        
Call feature on debt instrument The Company may prepay all or some of the senior unsecured notes at any time in an amount not less than 10% of the aggregate principal amount outstanding, plus the applicable make-whole amount or prepayment premium for Series H senior unsecured notes. In the event of a change in control of the Company (as defined in the note purchase agreement), the Company may be required to prepay the senior unsecured notes at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest.      
Debt covenant description These senior unsecured notes require that the Company comply with an interest coverage ratio test of not less than 3.50:1 for any period of four consecutive fiscal quarters and a leverage ratio test of not more than 3.50:1 as of the end of any fiscal quarter.      
Long-term debt 500,000,000us-gaap_LongTermDebtNoncurrent
/ wat_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
  600,000,000us-gaap_LongTermDebtNoncurrent
/ wat_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
 
Credit Agreement dated June 2013 [Member]        
Debt [Line Items]        
Interest rate terms on debt The interest rates applicable to the 2013 Credit Agreement are, at the Company’s option, equal to either the alternate base rate calculated daily (which is a rate per annum equal to the greatest of (a) the prime rate in effect on such day, (b) the federal funds effective rate in effect on such day plus 1/2% per annum, or (c) the adjusted LIBO rate on such day (or if such day is not a business day, the immediately preceding business day) for a deposit in U.S. dollars with a maturity of one month plus 1% per annum) or the applicable 1, 2, 3 or 6 month adjusted LIBO rate, in each case, plus an interest rate margin based upon the Company’s leverage ratio, which can range between 0 to 12.5 basis points for alternate base rate loans and between 75 basis points and 112.5 basis points for adjusted LIBO rate loans.      
Debt facility fee The facility fee on the 2013 Credit Agreement ranges between 12.5 basis points and 25 basis points.      
Debt covenant description The 2013 Credit Agreement requires that the Company comply with an interest coverage ratio test of not less than 3.50:1 as of the end of any fiscal quarter for any period of four consecutive fiscal quarters and a leverage ratio test of not more than 3.50:1 as of the end of any fiscal quarter.      
Notes payable and debt 125,000,000us-gaap_DebtCurrent
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
  125,000,000us-gaap_DebtCurrent
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
 
Long-term debt 860,000,000us-gaap_LongTermDebtNoncurrent
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
  740,000,000us-gaap_LongTermDebtNoncurrent
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
 
Unused borrowing capacity 413,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
  533,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
 
Credit Agreement dated June 2013 [Member] | Term loan facility [Member]        
Debt [Line Items]        
Face value of debt       300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= wat_TermLoanFacilityMember
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
Credit Agreement dated June 2013 [Member] | Revolving facilities [Member]        
Debt [Line Items]        
Face value of debt       1,100,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= wat_RevolvingFacilitiesMember
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
Notes payable and debt 125,000,000us-gaap_DebtCurrent
/ us-gaap_DebtInstrumentAxis
= wat_RevolvingFacilitiesMember
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
     
Long-term debt $ 560,000,000us-gaap_LongTermDebtNoncurrent
/ us-gaap_DebtInstrumentAxis
= wat_RevolvingFacilitiesMember
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJune2013Member
     
Credit Agreement dated July 2013 and unsecured debt [Member]        
Debt [Line Items]        
Weighted-average interest rate 2.09%us-gaap_DebtWeightedAverageInterestRate
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJuly2013AndUnsecuredDebtMember
  2.31%us-gaap_DebtWeightedAverageInterestRate
/ wat_DebtTypeAxis
= wat_CreditAgreementDatedJuly2013AndUnsecuredDebtMember