XML 72 R59.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt - Summary of Long-Term Debt (Details) - USD ($)
$ in Millions
Oct. 01, 2022
Dec. 31, 2021
Debt Instrument    
Other $ 12.0 $ 7.5
Debt and lease obligation, gross 2,612.0 2,607.5
Unamortized Debt Issuance Costs (19.0) (20.1)
Unamortized Original Issue Premium (Discount) 8.7 8.6
Debt and lease obligation 2,601.7 2,596.0
Less — Current portion (1.2) [1] (0.8)
Long-term debt 2,600.5 [1] $ 2,595.2
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]   Long-term debt
Senior Notes | 3.8% Senior Notes due 2027 (the "2027 Notes")    
Debt Instrument    
Long-Term Debt 550.0 $ 550.0
Unamortized Debt Issuance Costs (2.2) (2.5)
Unamortized Original Issue Premium (Discount) (1.9) (2.2)
Long-Term Debt, Net $ 545.9 $ 545.3
Weighted Average Interest Rate 3.885% 3.885%
Stated interest rate 3.80%  
Senior Notes | 4.25% Senior Notes due 2029 (the "2029 Notes")    
Debt Instrument    
Long-Term Debt $ 375.0 $ 375.0
Unamortized Debt Issuance Costs (2.1) (2.3)
Unamortized Original Issue Premium (Discount) (0.8) (0.9)
Long-Term Debt, Net $ 372.1 $ 371.8
Weighted Average Interest Rate 4.288% 4.288%
Stated interest rate 4.25%  
Senior Notes | 3.5% Senior Notes due 2030 (the "2030 Notes")    
Debt Instrument    
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (2.1) (2.3)
Unamortized Original Issue Premium (Discount) (0.6) (0.7)
Long-Term Debt, Net $ 347.3 $ 347.0
Weighted Average Interest Rate 3.525% 3.525%
Stated interest rate 3.50%  
Senior Notes | 2.6% Senior Notes due 2032 (the "2032 Notes")    
Debt Instrument    
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (2.9) (3.1)
Unamortized Original Issue Premium (Discount) (0.7) (0.8)
Long-Term Debt, Net $ 346.4 $ 346.1
Weighted Average Interest Rate 2.624% 2.624%
Stated interest rate 2.60%  
Senior Notes | 5.25% Senior Notes due 2049 (the "2049 Notes")    
Debt Instrument    
Long-Term Debt $ 625.0 $ 625.0
Unamortized Debt Issuance Costs (5.9) (6.1)
Unamortized Original Issue Premium (Discount) 13.3 13.7
Long-Term Debt, Net $ 632.4 $ 632.6
Weighted Average Interest Rate 5.103% 5.103%
Stated interest rate 5.25%  
Senior Notes | 3.55% Senior Notes due 2052 (the "2052 Notes")    
Debt Instrument    
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (3.8) (3.8)
Unamortized Original Issue Premium (Discount) (0.6) (0.5)
Long-Term Debt, Net $ 345.6 $ 345.7
Weighted Average Interest Rate 3.558% 3.558%
Stated interest rate 3.55%  
[1] Unaudited