Indebtedness (Tables)

3 Months Ended

Apr. 03, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Total borrowings outstanding are summarized as follows (in millions):

			April 3, 2021		December 31, 2020
Term loan
	2019 Term loan due August 15, 2022		$	600.0	$	600.0
Notes and Bonds
	Coupon	Due
	5.105%	July 28, 2023(1)	158.8		164.9
	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		750.0
	5.300%	November 15, 2043	90.5		90.5
	4.900%	December 15, 2044	303.9		303.9
	Total notes and bonds		2,918.8		2,924.9
Other financing			60.1		57.4
Unamortized premium (discount), net			(1.5)		(0.3)
Deferred financing fees			(16.3)		(17.1)
Total borrowings outstanding			3,561.1		3,564.9
	Current indebtedness		(35.8)		(37.3)
Total long-term debt less current portion			$	3,525.3	$	3,527.6

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