Debt (Details) (USD $)
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9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||
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Sep. 28, 2013
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Dec. 31, 2012
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Sep. 28, 2013
Senior unsecured notes - Series A [Member]
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Dec. 31, 2012
Senior unsecured notes - Series A [Member]
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Feb. 01, 2010
Senior unsecured notes - Series A [Member]
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Sep. 28, 2013
Senior unsecured notes - Series B [Member]
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Dec. 31, 2012
Senior unsecured notes - Series B [Member]
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Mar. 01, 2010
Senior unsecured notes - Series B [Member]
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Sep. 28, 2013
Senior unsecured notes - Series C [Member]
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Dec. 31, 2012
Senior unsecured notes - Series C [Member]
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Mar. 15, 2011
Senior unsecured notes - Series C [Member]
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Sep. 28, 2013
Senior unsecured notes - Series D [Member]
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Dec. 31, 2012
Senior unsecured notes - Series D [Member]
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Mar. 15, 2011
Senior unsecured notes - Series D [Member]
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Sep. 28, 2013
Senior unsecured notes - Series E [Member]
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Dec. 31, 2012
Senior unsecured notes - Series E [Member]
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Mar. 15, 2011
Senior unsecured notes - Series E [Member]
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Sep. 28, 2013
Foreign subsidiary lines of credit [Member]
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Dec. 31, 2012
Foreign subsidiary lines of credit [Member]
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Sep. 28, 2013
Unsecured debt [Member]
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Dec. 31, 2012
Unsecured debt [Member]
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Sep. 28, 2013
Credit Agreement dated July 2011 [Member]
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Dec. 31, 2012
Credit Agreement dated July 2011 [Member]
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Dec. 31, 2012
Credit Agreement dated July 2011 [Member]
Revolving facilities [Member]
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Dec. 31, 2012
Credit Agreement dated July 2011 and unsecured debt [Member]
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Sep. 28, 2013
Credit Agreement dated June 2013 [Member]
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Jun. 25, 2013
Credit Agreement dated June 2013 [Member]
Term loan facility [Member]
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Sep. 28, 2013
Credit Agreement dated June 2013 [Member]
Revolving facilities [Member]
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Jun. 25, 2013
Credit Agreement dated June 2013 [Member]
Revolving facilities [Member]
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Sep. 28, 2013
Credit Agreement dated July 2013 and unsecured debt [Member]
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Debt [Line Items] | ||||||||||||||||||||||||||||||
Face value of debt | $ 300,000,000 | $ 1,100,000,000 | ||||||||||||||||||||||||||||
Stated interest rate on debt instrument | 3.75% | 5.00% | 2.50% | 3.22% | 3.97% | |||||||||||||||||||||||||
Interest rate terms on debt | The interest rates applicable to the 2013 Credit Agreement are, at the Company’s option, equal to either the alternate base rate calculated daily (which is a rate per annum equal to the greatest of (a) the prime rate in effect on such day, (b) the federal funds effective rate in effect on such day plus 1/2% per annum, or (c) the adjusted LIBO rate on such day (or if such day is not a business day, the immediately preceding business day) for a deposit in U.S. dollars with a maturity of one month plus 1% per annum) or the applicable 1, 2, 3 or 6 month adjusted LIBO rate, in each case, plus an interest rate margin based upon the Company’s leverage ratio, which can range between 0 to 12.5 basis points for alternate base rate loans and between 75 basis points and 112.5 basis points for adjusted LIBO rate loans. | |||||||||||||||||||||||||||||
Debt facility fee | The facility fee on the 2013 Credit Agreement ranges between 12.5 basis points and 25 basis points. | |||||||||||||||||||||||||||||
Call feature on debt instrument | The Company may prepay all or some of the senior unsecured notes at any time in an amount not less than 10% of the aggregate principal amount outstanding, plus the applicable make-whole amount. In the event of a change in control (as defined in the note purchase agreement) of the Company, the Company may be required to prepay the senior unsecured notes at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest. | |||||||||||||||||||||||||||||
Debt covenant description | These notes require that the Company comply with an interest coverage ratio test of not less than 3.50:1 for any period of four consecutive fiscal quarters and a leverage ratio test of not more than 3.50:1 as of the end of any fiscal quarter. | The 2013 Credit Agreement requires that the Company comply with an interest coverage ratio test of not less than 3.50:1 as of the end of any fiscal quarter for any period of four consecutive fiscal quarters and a leverage ratio test of not more than 3.50:1 as of the end of any fiscal quarter. | ||||||||||||||||||||||||||||
Notes payable and debt | 133,761,000 | 132,781,000 | 8,761,000 | 7,781,000 | 125,000,000 | 125,000,000 | ||||||||||||||||||||||||
Long-term debt | 1,160,000,000 | 1,045,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 50,000,000 | 50,000,000 | 100,000,000 | 100,000,000 | 50,000,000 | 50,000,000 | 400,000,000 | 400,000,000 | 645,000,000 | 760,000,000 | 460,000,000 | |||||||||||||
Total debt | 1,293,761,000 | 1,177,781,000 | ||||||||||||||||||||||||||||
Weighted-average interest rate | 2.16% | 2.00% | 2.11% | 1.96% | ||||||||||||||||||||||||||
Unused borrowing capacity | 428,000,000 | 513,000,000 | ||||||||||||||||||||||||||||
Line of credit maximum borrowing capacity | 88,000,000 | 107,000,000 | ||||||||||||||||||||||||||||
Voluntary Prepayment of Long Term Debt | $ 860,000,000 |