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Indebtedness (Tables)
6 Months Ended
Jun. 27, 2020
Debt Disclosure [Abstract]  
Schedule of Debt

Total borrowings outstanding are summarized as follows (in millions):
 
 
 
 
 
June 27,
2020
 
December 31,
2019
Term loan
 
 
 
 
 
 
2019 Term loan due August 15, 2022
 
 
$
600.0

 
$
600.0

 
 
 
 
 
 
 
 
Notes and Bonds
 
 
 
 
 
 
Coupon
Due
 
 
 
 
 
 
3.500%
March 15, 2021
 
 
280.4

 
280.4

 
3.500%
December 15, 2021
 
 
309.6

 
309.6

 
5.105%
July 28, 2023(1)
 
 
151.5

 
151.4

 
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

 
3.150%
June 15, 2030
 
 
750.0

 

 
5.300%
November 15, 2043
 
 
90.5

 
90.5

 
4.900%
December 15, 2044
 
 
303.9

 
303.9

 
Total notes and bonds
 
 
3,501.5

 
2,751.4

Other financing
60.7

 
24.6

Unamortized premium (discount), net
(0.3
)
 
7.3

Deferred financing fees
(19.4
)
 
(14.1
)
Total borrowings outstanding
4,142.5

 
3,369.2

 
Current indebtedness
(606.5
)
 
(3.4
)
Total long-term debt less current portion
$
3,536.0

 
$
3,365.8



(1) Debt denominated in euros subject to fluctuations in the euro-to-U.S. dollar exchange rate.