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Debt (Tables) | 3 Months Ended
--- | ---
Mar. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The fair values and carrying values of the Company’s debt instruments are detailed as follows:
| March 30, 2024 |  | December 31, 2023
(In millions) | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value
1.750% Senior Notes, payable June 12, 2027; interest payable annually | $ | 511.7 |  |  | 539.5 |  |  | 521.9 |  |  | 551.9 |
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually | 461.7 |  |  | 500.0 |  |  | 464.0 |  |  | 500.0 |
5.85% Senior Notes, payable September 18, 2028; interest payable semi-annually | 618.0 |  |  | 600.0 |  |  | 622.9 |  |  | 600.0 |
U.S. commercial paper | 532.0 |  |  | 532.0 |  |  | — |  |  | — |
European commercial paper | 380.9 |  |  | 380.9 |  |  | — |  |  | — |
Senior credit facility, payable August 12, 2027 | — |  |  | — |  |  | 67.1 |  |  | 67.1 |
U.S. Term Loan Facility | — |  |  | — |  |  | 675.0 |  |  | 675.0 |
European Term Loan Facility | — |  |  | — |  |  | 242.8 |  |  | 242.8 |
Finance leases and other | 83.8 |  |  | 83.8 |  |  | 77.7 |  |  | 77.7 |
Unamortized debt issuance costs | (10.2) |  |  | (10.2) |  |  | (11.0) |  |  | (11.0) |
Total debt | 2,577.9 |  |  | 2,626.0 |  |  | 2,660.4 |  |  | 2,703.5 |
Less: current portion of long term-debt and commercial paper | 931.5 |  |  | 931.5 |  |  | 1,001.7 |  |  | 1,001.7 |
Long-term debt, less current portion | $ | 1,646.4 |  |  | 1,694.5 |  |  | 1,658.7 |  |  | 1,701.8 |

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