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Financial Instruments - Long-term Debt Instruments (Details) - USD ($) $ in Millions | Oct. 01, 2023 | Dec. 25, 2022 | Sep. 25, 2022
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Carrying Cost | $ 3,734.9 | $ 3,848.1 | $ 3,872.5
Less: Deferred debt expenses | 20.3 | 23.7 | 24.8
Current portion of long-term debt | 60.0 | 113.2 | 122.6
Long-term debt, carrying cost | 3,654.6 | 3,711.2 | 3,725.1
Fair Value | 3,463.1 | 3,626.3 | 3,638.4
Long-term debt, fair value | $ 3,463.1 | 3,626.3 | 3,638.4
3.90% Notes Due 2029 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.90% |  |
Carrying Cost | $ 900.0 | 900.0 | 900.0
Fair Value | $ 797.4 | 808.2 | 804.6
3.55% Notes Due 2026 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.55% |  |
Carrying Cost | $ 675.0 | 675.0 | 675.0
Fair Value | $ 629.3 | 635.3 | 633.4
3.00% Notes Due 2024 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.00% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 483.2 | 482.2 | 481.1
6.35% Notes Due 2040 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 6.35% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 483.7 | 498.4 | 497.8
3.50% Notes Due 2027 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 3.50% |  |
Carrying Cost | $ 500.0 | 500.0 | 500.0
Fair Value | $ 461.4 | 465.8 | 461.5
5.10% Notes Due 2044 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 5.10% |  |
Carrying Cost | $ 300.0 | 300.0 | 300.0
Fair Value | $ 245.1 | 261.1 | 258.3
6.60% Debentures Due 2028 |  |  |
Debt Instrument [Line Items] |  |  |
Debt stated interest rate | 6.60% |  |
Carrying Cost | $ 109.9 | 109.9 | 109.9
Fair Value | 113.0 | 112.1 | 114.1
Variable % Notes Due December 30, 2024 |  |  |
Debt Instrument [Line Items] |  |  |
Carrying Cost | 250.0 | 310.0 | 325.0
Fair Value | 250.0 | 310.0 | 325.0
Production Financing Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Carrying Cost | 0.0 | 53.2 | 62.6
Fair Value |  | $ 53.2 | $ 62.6

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- Definition Fair value amount of long-term debt, classified as non-current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References No definition available. + Details
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