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v3.25.2

Debt (Tables) | 6 Months Ended
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Jun. 28, 2025
Debt |
Schedule of short-term borrowings, including current portion of long-term debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 28, | ​ | December 31,
(thousands) |  | 2025 |  | 2024
4.00% notes, due April 2025 | ​ | $ | — | ​ | $ | 349,808
Commercial paper | ​ |  | 407,368 | ​ |  | —
Other short-term borrowings | ​ |  | 48,244 | ​ |  | 170
​ | ​ | $ | 455,612 | ​ | $ | 349,978
Schedule of long-term debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 28, | ​ | December 31,
(thousands) |  | 2025 |  | 2024
Revolving credit facility | ​ | $ | — | ​ | $ | 30,000
North American asset securitization program | ​ |  | 246,000 | ​ |  | 633,000
7.50% senior debentures, due 2027 | ​ |  | 110,307 | ​ |  | 110,266
3.875% notes, due 2028 | ​ |  | 498,124 | ​ |  | 497,775
5.15% notes, due 2029 | ​ |  | 495,669 | ​ |  | 495,209
2.95% notes, due 2032 | ​ |  | 495,851 | ​ |  | 495,576
5.875% notes, due 2034 | ​ |  | 495,205 | ​ |  | 494,986
Other obligations with various interest rates and due dates | ​ |  | 24,656 | ​ |  | 16,971
​ | ​ | $ | 2,365,812 | ​ | $ | 2,773,783
Schedule of estimated fair market value of long-term debt, using quoted market prices | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 28, | ​ | December 31,
(thousands) |  | 2025 |  | 2024
7.50% senior debentures, due 2027 | ​ | $ | 115,000 | ​ | $ | 115,000
3.875% notes, due 2028 | ​ | ​ | 490,000 | ​ | ​ | 481,500
5.15% notes, due 2029 | ​ |  | 507,500 | ​ |  | 498,000
2.95% notes, due 2032 | ​ |  | 438,000 | ​ |  | 426,000
5.875% notes, due 2034 | ​ |  | 514,500 | ​ |  | 502,500

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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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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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