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v3.23.1

DEBT Debt (Tables) | 3 Months Ended
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Apr. 01, 2023
Debt Disclosure [Abstract] |
Schedule of Debt Table | The following table summarizes our outstanding debt obligations.
As of the Period Ended | April 1, 2023 |  | December 31, 2022
Commercial paper |  | $ | 381.4 |  |  |  |  | $ | 448.3 |  |
Current maturities of long-term debt and finance leases |  | 2.2 |  |  |  |  | 2.2 |  |
Other short-term notes payable |  | 0.5 |  |  |  |  | 0.5 |  |
Commercial paper and current maturities of long-term debt |  | 384.1 |  |  |  |  | 451.0 |  |
Non-current maturities of long-term debt(a) |  | 7.9 |  |  |  |  | 7.7 |  |
Total debt and finance leases |  | $ | 392.0 |  |  |  |  | $ | 458.7 |  |
Schedule of Outstanding Commercial Paper | The following table presents our outstanding commercial paper borrowings and associated weighted average interest rates as of April 1, 2023 and December 31, 2022.
As of the Period Ended | April 1, 2023 |  | December 31, 2022
Commercial Paper Outstanding - U.S. Program |  | $ | 30.0 |  |  |  |  | $ | 299.2 |  |
Commercial Paper Outstanding - Euro Program |  | 351.4 |  |  |  |  | 149.1 |  |
Total Commercial Paper Outstanding |  | $ | 381.4 |  |  |  |  | 448.3 |  |
Weighted Average Interest Rate - U.S. Program |  | 5.13 | % |  |  |  | 4.92 | % |
Weighted Average Interest Rate - Euro Program |  | 3.05 | % |  |  |  | 2.31 | % |

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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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