Debt (Tables)

9 Months Ended

Sep. 29, 2024

Details of the Company’s debt at September 29, 2024 and December 31, 2023 are as follows:


	September 29, 2024		December 31, 2023
Commercial paper	$	33,983	$	—
Syndicated term loan due August 2028	497,510		572,025
1.800% notes due February 2025	399,734		399,149
4.450% notes due September 2026	496,358		—
2.250% notes due February 2027	298,800		298,421
4.600% notes due September 2029	594,184		—
3.125% notes due May 2030	596,812		596,480
2.850% notes due February 2032	496,169		495,785
5.000% notes due September 2034	689,490		—
5.750% notes due November 2040	536,274		536,246
Other foreign denominated debt	68,100		78,800
Finance lease obligations	84,220		88,994

Other debt	10,514		17,100
Total debt	4,802,148		3,083,000
Less current portion and short-term notes	(481,706)		(47,132)
Long-term debt	$	4,320,442	$	3,035,868

The Notes consisted of the following:


	Principal Amount		Issuance Costs and Discounts		Net Proceeds		Interest Rate	Maturity

2026 Notes	$	500,000	(3,697)		$	496,303	4.450%	September 1, 2026
2029 Notes	600,000		(5,851)		594,149		4.600%	September 1, 2029
2034 Notes	700,000		(10,542)		689,458		5.000%	September 1, 2034
Total	$	1,800,000	$	(20,090)	$	1,779,910

- 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

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+ Details