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Indebtedness (Tables)
9 Months Ended
Sep. 29, 2018
Debt Disclosure [Abstract]  
Schedule of debt
Total borrowings outstanding are summarized as follows (in millions):
 
 
 
 
 
September 29,
2018
 
December 31,
2017
Term loans
 
 
 
 
 
 
2018 Term loan due March 8, 2020(1)
 
 
$
368.3

 
$

 
2014 Term loan due December 5, 2019(1)
 
 

 
420.0

 
Total term loans
 
 
368.3

 
420.0

Notes and Bonds
 
 
 
 
 
 
Coupon
Due
 
 
 
 
 
 
5.000%
May 23, 2019(1)
 
 
139.4

 
144.0

 
3.500%
March 15, 2021
 
 
280.4

 
280.4

 
3.500%
December 15, 2021
 
 
309.6

 
309.6

 
5.105%
July 19, 2023(1)
 
 
156.7

 
162.0

 
4.000%
November 15, 2023
 
 
215.6

 
215.6

 
3.900%
December 15, 2024
 
 
700.0

 
700.0

 
4.375%
March 15, 2026
 
 
700.0

 
700.0

 
5.300%
November 15, 2043
 
 
90.5

 
90.5

 
4.900%
December 15, 2044
 
 
303.9

 
303.9

 
Total notes and bonds
 
 
2,896.1

 
2,906.0

Other financing
3.7

 
11.7

Unamortized premium (discount), net
14.4

 
21.4

Deferred financing fees
(17.3
)
 
(17.9
)
Total borrowings outstanding
3,265.2

 
3,341.2

 
Current indebtedness
(194.2
)
 
(70.4
)
Total long-term debt less current portion
$
3,071.0

 
$
3,270.8



(1) Debt denominated in euros subject to fluctuations in the euro-to-U.S. dollar exchange rate.
Schedule of extinguishment of debt
As a result of early redemption and tender offer transactions during the three months ended July 1, 2017, we recorded a loss of $135.2 million in Loss on extinguishment of debt on our Condensed Consolidated Statements of Operations (in millions):
Premium on debt repayment
 
$
116.1

Transaction costs
 
3.8

Write-off of deferred financing fees
 
10.6

Write-off of remaining discount on bond
 
4.7

Total loss on extinguishment of debt
 
$
135.2