XML 51 R39.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Financial Instruments Measured at Fair Value - Derivatives (Details) € in Thousands, $ in Thousands | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 30, 2024 USD ($) | Apr. 01, 2023 USD ($) | Mar. 30, 2024 EUR (€) | Dec. 31, 2023 USD ($) | Dec. 31, 2023 EUR (€)
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative Instruments, Gain (Loss) Recognized in Income | $ 1,563 | $ 3,951 |  |  |
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax | 4,970 | (3,222) |  |  |
Proceeds from settlement of net investment hedge |  | 10,700 |  |  |
Derivative, Notional Amount | 1,100,000 |  |  | $ 1,000,000 |
Cumulative amount of fair value hedging adjustments | (400) | (2,500) |  |  |
Other comprehensive income (loss), derivative, excluded component, increase (decrease), before adjustments, after tax | 200 | (1,700) |  |  |
Net investment hedging | Designated as hedging instrument |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative Instruments, Gain (Loss) Recognized in Income | 1,804 | 2,048 |  |  |
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax | 4,970 | 1,125 |  |  |
Cash flow hedging | Designated as hedging instrument | Interest rate swap |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative Instruments, Gain (Loss) Recognized in Income | (695) | (839) |  |  |
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax | $ 0 | (4,347) |  |  |
Fair value hedging | Interest rate swap |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative, fixed interest rate | 6.125% |  | 6.125% |  |
Derivative, variable interest rate | 0.508% |  | 0.508% |  |
Derivative, Notional Amount | $ 500,000 |  |  |  |
Fair value hedging | Designated as hedging instrument | Interest rate swap |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative Instruments, Gain (Loss) Recognized in Income | $ 454 | $ 2,742 |  |  |
Maturity September 2024 | Foreign exchange forward |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative, Notional Amount | € |  |  | € 50,000 |  | € 50,000
Maturity April 2025 | Foreign exchange forward |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative, Notional Amount | € |  |  | 100,000 |  | 100,000
Maturity January 2028 | Foreign exchange forward |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative, Notional Amount | € |  |  | 100,000 |  | 100,000
All Maturities | Foreign exchange forward |  |  |  |  |
Financial Instruments Measured at Fair Value |  |  |  |  |
Derivative, Notional Amount | € |  |  | € 250,000 |  | € 250,000

X
- Definition Derivative Gain (Loss) Recognized in Other Comprehensive Income before reclassifications, net of tax. + References No definition available. + Details
Name: | arw_DerivativeGainLossRecognizedInOtherComprehensiveIncomeBeforeReclassificationsNetOfTax
Namespace Prefix: | arw_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Variable interest rate in effect as of the balance sheet date related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeVariableInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cumulative increase (decrease) in fair value of hedged asset in fair value hedge, attributable to hedged risk. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 181 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480401/815-10-55-181 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4EE -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4EE + Details
Name: | us-gaap_HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after tax and before adjustments, of gain (loss) from increase (decrease) in value of excluded component of derivative designated and qualifying as hedge. Adjustments include, but are not limited to, reclassifications for sale and settlement, and amounts recognized under systematic and rational method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480627/815-20-45-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10A -Subparagraph (dd) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-10A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (bb) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow for a financial contract that meets the hedge criteria as either a cash flow hedge, fair value hedge, or hedge of a net investment in a foreign operation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 45 -Paragraph 12 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-12 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 27 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-27 + Details
Name: | us-gaap_ProceedsFromHedgeInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NetInvestmentHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_FairValueHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | arw_ExpirationdateAxis=arw_MaturitySeptember2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeForwardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | arw_ExpirationdateAxis=arw_MaturityApril2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | arw_ExpirationdateAxis=arw_MaturityJanuary2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | arw_ExpirationdateAxis=arw_AllMaturitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |