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Long-Term Debt and Financing Arrangements (Tables)
 9 Months Ended
Sep. 28, 2019
Notes To Financial Statements [Abstract]  
Long-Term Debt and Financing Arrangements

Long-term debt and financing arrangements at September 28, 2019 and December 29, 2018 are as follows:
 
 
 
September 28, 2019
 
December 29, 2018
(Millions of Dollars)
Interest Rate
 
Original Notional
 
Unamortized Discount
 
Unamortized Gain/(Loss) Terminated Swaps 1
 
Purchase Accounting FV Adjustment
 
Deferred Financing Fees
 
Carrying Value
 
Carrying Value 2
Notes payable due 2021
3.40%
 
$
400.0

 
$
(0.1
)
 
$
7.6

 
$
—

 
$
(0.7
)
 
$
406.8

 
$
409.1

Notes payable due 2022
2.90%
 
754.3

 
(0.2
)
 
—

 
—

 
(1.9
)
 
752.2

 
751.6

Notes payable due 2026
3.40%
 
500.0

 
(0.7
)
 
—

 
—

 
(3.0
)
 
496.3

 
—

Notes payable due 2028
7.05%
 
150.0

 
—

 
9.6

 
9.2

 
—

 
168.8

 
170.4

Notes payable due 2028
4.25%
 
500.0

 
(0.4
)
 
—

 
—

 
(4.0
)
 
495.6

 
495.7

Notes payable due 2040
5.20%
 
400.0

 
(0.2
)
 
(30.8
)
 
—

 
(2.9
)
 
366.1

 
364.9

Notes payable due 2048
4.85%
 
500.0

 
(0.5
)
 
—

 
—

 
(5.4
)
 
494.1

 
494.4

Notes payable due 2052 (junior subordinated)
5.75%
 
750.0

 
—

 
—

 
—

 
(18.0
)
 
732.0

 
731.6

Notes payable due 2053 (junior subordinated)
7.08%
 
—

 
—

 
—

 
—

 
—

 
—

 
396.7

Other, payable in varying amounts through 2022
0.00% - 4.50%
 
—

 
—

 
—

 
—

 
—

 
—

 
7.9

Total long-term debt, including current maturities
 
 
$
3,954.3

 
$
(2.1
)
 
$
(13.6
)
 
$
9.2

 
$
(35.9
)
 
$
3,911.9

 
$
3,822.3

Less: Current maturities of long-term debt
 
 
 
 
 
 
 
 
 
 
 
 
(3.1
)
 
(2.5
)
Long-term debt
 
 
 
 
 
 
 
 
 
 
 
 
$
3,908.8

 
$
3,819.8