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DEBT Debt (Tables) | 6 Months Ended
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Jul. 02, 2022
Debt Disclosure [Abstract] |
Schedule of Debt Table | The following table summarizes our outstanding debt obligations.
| July 2, 2022 |  | December 31, 2021
Commercial paper(a) |  | $ | 544.9 |  |  |  |  | $ | 195.4 |  |
Other short-term notes payable |  | 4.3 |  |  |  |  | — |  |
Current maturities of long-term debt and finance leases |  | 2.2 |  |  |  |  | 2.2 |  |
Commercial paper and current maturities of long-term debt |  | 551.4 |  |  |  |  | 197.6 |  |
Non-current maturities of long-term debt |  | 8.7 |  |  |  |  | 9.9 |  |
Total debt and finance leases |  | $ | 560.1 |  |  |  |  | $ | 207.5 |  |
Schedule of Outstanding Commercial Paper | The following table presents our outstanding commercial paper borrowings and associated weighted average interest rates as of July 2, 2022 and December 31, 2021.
| July 2, 2022 |  | December 31, 2021
Commercial Paper Outstanding - U.S. Program |  | $ | 399.7 |  |  |  |  | $ | 150.0 |  |
Commercial Paper Outstanding - Euro Program |  | 145.2 |  |  |  |  | 45.4 |  |
Total Commercial Paper Outstanding |  | $ | 544.9 |  |  |  |  | 195.4 |  |
Weighted Average Interest Rate - U.S. Program |  | 2.01 | % |  |  |  | 0.28 | % |
Weighted Average Interest Rate - Euro Program |  | (0.06) | % |  |  |  | (0.47) | % |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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