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Indebtedness (Tables)
3 Months Ended
Apr. 01, 2017
Debt Disclosure [Abstract]  
Schedule of debt
Total borrowings outstanding are summarized as follows (in millions):
 
 
 
 
 
April 1,
2017
 
December 31,
2016
Term loans
 
 
 
 
 
*
2014 Term loan due December 5, 2019
$
412.9

 
$
420.7

Notes and Bonds
 
 
 
 
 
 
Coupon
Due
 
 
 
 
 
*
4.500%
May 23, 2017
(3) 
 
191.8

 
189.3

*
5.125%
December 12, 2017
(3) 
 
319.7

 
315.6

 
2.300%
November 8, 2018
(2)(5) 
 
600.0

 
600.0

*
5.000%
May 23, 2019
(3) 
 
127.9

 
126.2

 
3.500%
March 15, 2021
(4) 
 
500.0

 
500.0

 
3.500%
December 15, 2021
(1) 
 
500.0

 
500.0

*
5.105%
July 19, 2023
(3) 
 
143.8

 
142.0

 
4.000%
November 15, 2023
(2) 
 
800.0

 
800.0

 
3.900%
December 15, 2024
(1) 
 
700.0

 
700.0

 
4.375%
March 15, 2026
(4) 
 
700.0

 
700.0

 
5.300%
November 15, 2043
(2) 
 
400.0

 
400.0

 
4.900%
December 15, 2044
(1) 
 
400.0

 
400.0

 
Total notes and bonds
 
 
5,383.2

 
5,373.1

Other financing
3.1

 
3.6

Unamortized premium (discount), net
27.1

 
33.0

Deferred financing fees
(32.0
)
 
(33.1
)
Total borrowings outstanding
5,794.3

 
5,797.3

 
Current indebtedness
(1,175.4
)
 
(572.8
)
Total long-term debt less current portion
$
4,618.9

 
$
5,224.5


(1)
Discussed below collectively as the "2014 Notes."
(2)
Discussed below collectively as the "2013 Notes."
(3)
Debt assumed from Omega.
(4)
Discussed below collectively as the "2016 Notes."
(5)
Inclusive of $600.0 million, in aggregate principal amount of 2.300% 2018 Notes, which were repaid May 8, 2017.
*
Debt denominated in Euros subject to fluctuations in the euro-to-U.S. dollar exchange rate.