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Debt (Tables) | 9 Months Ended
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Oct. 03, 2020
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | A summary of long-term debt, net of unamortized debt issuance costs and unamortized original issue premium (discount), and the related weighted average interest rates is shown below (in millions):
|  | October 3, 2020 |
|  |  |  |  |  | Unamortized |  |  | Unamortized |  |  |  |  |  |  | Weighted |
|  | Long-Term |  |  | Debt |  |  | Original Issue |  |  | Long-Term |  |  | Average |
Debt Instrument |  | Debt |  |  | Issuance Costs |  |  | Premium (Discount) |  |  | Debt, Net |  |  | Interest Rate |
Credit Agreement — Term Loan Facility |  | $ | 225.0 |  |  | $ | (0.7 | ) |  | $ | - |  |  | $ | 224.3 |  |  | 1.360% |
3.8% Senior Notes due 2027 (the "2027 Notes") |  |  | 750.0 |  |  |  | (4.2 | ) |  |  | (3.7 | ) |  |  | 742.1 |  |  | 3.885% |
4.25% Senior Notes due 2029 (the "2029 Notes") |  |  | 375.0 |  |  |  | (2.7 | ) |  |  | (1.0 | ) |  |  | 371.3 |  |  | 4.288% |
3.5% Senior Notes due 2030 (the "2030 Notes") |  |  | 350.0 |  |  |  | (2.7 | ) |  |  | (0.7 | ) |  |  | 346.6 |  |  | 3.525% |
5.25% Senior Notes due 2049 (the "2049 Notes") |  |  | 625.0 |  |  |  | (6.3 | ) |  |  | 14.3 |  |  |  | 633.0 |  |  | 5.103% |
Other |  |  | 1.4 |  |  |  | - |  |  |  | - |  |  |  | 1.4 |  |  | N/A |
|  | $ | 2,326.4 |  |  | $ | (16.6 | ) |  | $ | 8.9 |  |  |  | 2,318.7 |  |  |  |  |
Less — Current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (18.9 | ) |  |  |  |
Long-term debt |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,299.8 |  |  |  |  |
|  | December 31, 2019 |
|  |  |  |  |  | Unamortized |  |  | Unamortized |  |  |  |  |  |  | Weighted |
|  | Long-Term |  |  | Debt |  |  | Original Issue |  |  | Long-Term |  |  | Average |
Debt Instrument |  | Debt |  |  | Issuance Costs |  |  | Discount |  |  | Debt, Net |  |  | Interest Rate |
Credit Agreement — Term Loan Facility |  | $ | 234.4 |  |  | $ | (1.0 | ) |  | $ | - |  |  | $ | 233.4 |  |  | 2.880% |
5.25% Senior Notes due 2025 (the "2025 Notes") |  |  | 650.0 |  |  |  | (4.2 | ) |  |  | - |  |  |  | 645.8 |  |  | 5.250% |
2027 Notes |  |  | 750.0 |  |  |  | (4.7 | ) |  |  | (4.1 | ) |  |  | 741.2 |  |  | 3.885% |
2029 Notes |  |  | 375.0 |  |  |  | (2.9 | ) |  |  | (1.1 | ) |  |  | 371.0 |  |  | 4.288% |
2049 Notes issued 2019 |  |  | 325.0 |  |  |  | (3.3 | ) |  |  | (5.3 | ) |  |  | 316.4 |  |  | 5.363% |
|  | $ | 2,334.4 |  |  | $ | (16.1 | ) |  | $ | (10.5 | ) |  |  | 2,307.8 |  |  |  |  |
Less — Current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (14.1 | ) |  |  |  |
Long-term debt |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,293.7 |  |  |  |  |
Senior Notes The issuance, maturity and interest payment dates of the Company's senior unsecured 2027 Notes, 2029 Notes, 2030 Notes and 2049 Notes (together, the "Notes") are shown below:
Note |  | Issuance Date(s) |  | Maturity Date |  | Interest Payment Dates
2027 Notes |  | August 2017 |  | September 15, 2027 |  | March 15 and September 15
2029 Notes |  | May 2019 |  | May 15, 2029 |  | May 15 and November 15
2030 Notes |  | February 2020 |  | May 30, 2030 |  | May 30 and November 30
2049 Notes |  | May 2019 and February 2020 |  | May 15, 2049 |  | May 15 and November 15
Credit Agreement Interest Rate Ranges | The range and the rate as of October 3, 2020, are shown below (in percentages):
|  | Eurocurrency Rate |  |  | Base Rate |
|  |  |  |  |  |  |  |  |  | Rate as of |  |  |  |  |  |  |  |  |  |  | Rate as of |
|  | Minimum |  |  | Maximum |  |  | October 3, 2020 |  |  | Minimum |  |  | Maximum |  |  | October 3, 2020 |
Revolving Credit Facility |  |  | 1.00 | % |  |  | 1.60 | % |  |  | 1.10 | % |  |  | 0.00 | % |  |  | 0.60 | % |  |  | 0.10 | %
Term Loan Facility |  |  | 1.125 | % |  |  | 1.90 | % |  |  | 1.25 | % |  |  | 0.125 | % |  |  | 0.90 | % |  |  | 0.25 | %

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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