Debt (Tables)

9 Months Ended

Oct. 01, 2016

The Company had the following outstanding debt at October 1, 2016 and December 31, 2015 (in thousands):

		October 1, 2016		December 31, 2015
Foreign subsidiary lines of credit		$	176	$	322
Senior unsecured notes - Series C - 2.50%, due March 2016			-		50,000
Credit agreements			125,000		125,000
Unamortized debt issuance costs			-		(13)
	Total notes payable and debt		125,176		175,309

Senior unsecured notes - Series B - 5.00%, due February 2020			100,000		100,000
Senior unsecured notes - Series D - 3.22%, due March 2018			100,000		100,000
Senior unsecured notes - Series E - 3.97%, due March 2021			50,000		50,000
Senior unsecured notes - Series F - 3.40%, due June 2021			100,000		100,000
Senior unsecured notes - Series G - 3.92%, due June 2024			50,000		50,000
Senior unsecured notes - Series H - floating rate*, due June 2024			50,000		50,000
Senior unsecured notes - Series I - 3.13%, due May 2023			50,000		-
Senior unsecured notes - Series J - floating rate**, due May 2024			40,000		-
Senior unsecured notes - Series K - 3.44%, due May 2026			160,000		-
Credit agreements			960,000		1,045,000
Unamortized debt issuance costs			(3,168)		(1,973)
	Total long-term debt		1,656,832		1,493,027

Total debt		$	1,782,008	$	1,668,336

* Series H senior unsecured notes bear interest at a 3-month LIBOR for that floating rate interest period plus 1.25%.
** Series J senior unsecured notes bear interest at a 3-month LIBOR for that floating rate interest period plus 1.45%.

On May 12, 2016, the Company issued and sold the following senior unsecured notes:

Senior			Face Value
Unsecured Notes	Term	Interest Rate	(in millions)		Maturity Date
Series I	7 years	3.13%	$	50	May 2023
Series J	8 years	Floating Rate*	$	40	May 2024
Series K	10 years	3.44%	$	160	May 2026


*Series J senior unsecured notes bear interest at 3 month LIBOR for that floating rate interest period plus 1.45%.