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Debt (Tables) | 6 Months Ended
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Jul. 03, 2021
Debt Disclosure [Abstract] |
Summary of Senior Unsecured Notes Issued | In March 2021, the Company issued the following senior unsecured notes:
Senior Unsecured Notes |  | Term |  |  | Interest Rate |  |  | Face Value (in millions) |  |  | Maturity Date |
Series N |  |  | 5 years |  |  |  | 1.68 | % |  | $ | 100 |  |  |  | March 2026 |
Series O |  |  | 10 years |  |  |  | 2.25 | % |  | $ | 400 |  |  |  | March 2031 |
Summary of Outstanding Debt | The Company had the following outstanding debt at July 3, 2021 and December 31, 2020 (in thousands):
|  | July 3, 2021 |  |  | December 31, 2020 |
Senior unsecured notes—Series E—3.97%, due March 2021 |  |  | — |  |  |  | 50,000 |
Senior unsecured notes—Series F—3.40%, due June 2021 |  |  | — |  |  |  | 100,000 |
Total notes payable and debt, current |  |  | — |  |  |  | 150,000 |
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 |  |  |  | 50,000 |
Senior unsecured notes—Series K—3.44%, due May 2026 |  |  | 160,000 |  |  |  | 160,000 |
Senior unsecured notes—Series L—3.31%, due September 2026 |  |  | 200,000 |  |  |  | 200,000 |
Senior unsecured notes—Series M—3.53%, due September 2029 |  |  | 300,000 |  |  |  | 300,000 |
Senior unsecured notes—Series N—1.68%, due March 2026 |  |  | 100,000 |  |  |  | — |
Senior unsecured notes—Series O—2.25%, due March 2031 |  |  | 400,000 |  |  |  | — |
Credit agreement |  |  | 300,000 |  |  |  | 400,000 |
Unamortized debt issuance costs |  |  | (6,633 | ) |  |  | (3,485 | )
Total long-term debt |  |  | 1,603,367 |  |  |  | 1,206,515 |
Total debt |  | $ | 1,603,367 |  |  | $ | 1,356,515 |
* | Series H senior unsecured notes bear interest at a 3-month LIBOR for that floating rate interest period plus 1.25%.

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