XML 71 R58.htm IDEA: XBRL DOCUMENT v3.25.3
Debt - Schedule of Long-Term Debt and Related Weighted Average Interest Rates (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 31, 2024
Debt Instrument    
Other $ 68.1 $ 41.9
Debt and lease obligation, gross 2,768.1 2,741.9
Unamortized Debt Issuance Costs (14.0) (15.5)
Unamortized Original Issue Premium (Discount) 9.3 9.1
Debt and lease obligation 2,763.4 2,735.5
Less — Current portion (3.7) [1] (2.2)
Long-term debt $ 2,759.7 [1] 2,733.3
Delayed-Draw Term Loan Facility (the "Term Loan")    
Debt Instrument    
Stated interest rate (as a percent) 5.223%  
Long-Term Debt $ 100.0 100.0
Unamortized Debt Issuance Costs (0.1) (0.3)
Unamortized Original Issue Premium (Discount) 0.0 0.0
Long-Term Debt, Net $ 99.9 $ 99.7
Weighted Average Interest Rate 5.223% 5.835%
Senior Notes | 3.8% Senior Notes due 2027 (the "2027 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 3.80%  
Long-Term Debt $ 550.0 $ 550.0
Unamortized Debt Issuance Costs (0.9) (1.2)
Unamortized Original Issue Premium (Discount) (0.7) (1.1)
Long-Term Debt, Net $ 548.4 $ 547.7
Weighted Average Interest Rate 3.885% 3.885%
Senior Notes | 4.25% Senior Notes due 2029 (the "2029 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 4.25%  
Long-Term Debt $ 375.0 $ 375.0
Unamortized Debt Issuance Costs (1.1) (1.4)
Unamortized Original Issue Premium (Discount) (0.4) (0.5)
Long-Term Debt, Net $ 373.5 $ 373.1
Weighted Average Interest Rate 4.288% 4.288%
Senior Notes | 3.5% Senior Notes due 2030 (the "2030 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 3.50%  
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (1.3) (1.5)
Unamortized Original Issue Premium (Discount) (0.4) (0.4)
Long-Term Debt, Net $ 348.3 $ 348.1
Weighted Average Interest Rate 3.525% 3.525%
Senior Notes | 2.6% Senior Notes due 2032 (the "2032 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 2.60%  
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (2.0) (2.2)
Unamortized Original Issue Premium (Discount) (0.5) (0.6)
Long-Term Debt, Net $ 347.5 $ 347.2
Weighted Average Interest Rate 2.624% 2.624%
Senior Notes | 5.25% Senior Notes due 2049 (the "2049 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 5.25%  
Long-Term Debt $ 625.0 $ 625.0
Unamortized Debt Issuance Costs (5.2) (5.4)
Unamortized Original Issue Premium (Discount) 11.8 12.2
Long-Term Debt, Net $ 631.6 $ 631.8
Weighted Average Interest Rate 5.103% 5.103%
Senior Notes | 3.55% Senior Notes due 2052 (the "2052 Notes")    
Debt Instrument    
Stated interest rate (as a percent) 3.55%  
Long-Term Debt $ 350.0 $ 350.0
Unamortized Debt Issuance Costs (3.4) (3.5)
Unamortized Original Issue Premium (Discount) (0.5) (0.5)
Long-Term Debt, Net $ 346.1 $ 346.0
Weighted Average Interest Rate 3.558% 3.558%
[1] Unaudited