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Long-Term Debt (Tables)
 12 Months Ended
Jan. 02, 2022
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
Long-Term Debt (dollars in millions, except as noted):
January 2, 2022January 3, 2021
$1.15 billion credit facility, due March 2026, weighted average variable rate of 1.20% at January 2, 2022 and 1.05% at January 3, 2021
$125.0 $125.0 
Term loan due October 2024, variable rate of 1.35% at January 2, 2022 and 1.150% at January 3, 2021, swapped to a Euro fixed rate of 0.612%
150.6 150.0 
0.65% Fixed Rate Senior Notes due April 2023
300.0 — 
0.95% Fixed Rate Senior Notes due April 2024, callable after April 2022
450.0 — 
1.60% Fixed Rate Senior Notes due April 2026
450.0 — 
2.25% Fixed Rate Senior Notes due April 2028
700.0 — 
2.50% Fixed Rate Senior Notes due April 2030
500.0 — 
2.75% Fixed Rate Senior Notes due April 2031
1,100.0 — 
Term loan due May 2026, variable rate of 1.35% at January 2, 2022
355.0 — 
3.09% Fixed Rate Senior Notes due December 2021
— 95.0 
3.28% Fixed Rate Senior Notes due November 2022
— 100.0 
0.70% €50 Million Fixed Rate Senior Notes due April 2022
— 61.1 
0.92% €100 Million Fixed Rate Senior Notes due April 2023
— 122.1 
1.09% €100 Million Fixed Rate Senior Notes due April 2024
— 122.1 
Other debt0.7 4.0 
Debt issuance costs(31.9)(0.8)
Total long-term debt4,099.4 778.5 
Current portion of long-term debt and other debt— (97.6)
Total long-term debt, net of current portion$4,099.4 $680.9 
Schedule of Maturities of Long-term Debt Maturities of long-term debt as of January 2, 2022 (in millions):
Fiscal year
2022$— 
2023300.2 
2024600.7 
20250.1 
2026930.2 
Thereafter2,300.1 
Total principal payments4,131.3 
Debt issuance costs(31.9)
Total debt $4,099.4