Debt (Tables)

6 Months Ended

Jun. 26, 2016

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Debt with a contractual term less than one year is generally classified as short-term debt and consisted of the following (in thousands):

	June 26, 2016		December 31, 2015		June 28, 2015
Unsecured commercial paper	$	1,020,487	$	1,201,380	$	114,983
Total short-term debt	$	1,020,487	$	1,201,380	$	114,983

Schedule of Long-term Debt Instruments

Debt with a contractual term greater than one year is generally classified as long-term debt and consisted of the following (in thousands):

	June 26, 2016			December 31, 2015			June 28, 2015
Secured debt
Asset-backed Canadian commercial paper conduit facility	$	161,626		$	153,839		$	160,940
Term asset-backed securitization debt	1,077,317			1,463,154			2,017,079
Less: unamortized discount and debt issuance costs	(2,386		)	(3,777		)	(5,618		)
Total secured debt	1,236,557			1,613,216			2,172,401
Unsecured notes
1.15% Medium-term notes due in 2015 par value	—			—			600,000
3.88% Medium-term notes due in 2016 par value	—			450,000			450,000
2.70% Medium-term notes due in 2017 par value	400,000			400,000			400,000
1.55% Medium-term notes due in 2017 par value	400,000			400,000			400,000
6.80% Medium-term notes due in 2018 par value	878,708			878,708			887,958
2.40% Medium-term notes due in 2019 par value	600,000			600,000			600,000
2.25% Medium-term notes due in 2019 par value	600,000			—			—
2.15% Medium-term notes due in 2020 par value	600,000			600,000			600,000
2.85% Medium-term notes due in 2021 par value	600,000			—			—
3.50% Senior unsecured notes due in 2025 par value	450,000			450,000			—
4.625% Senior unsecured notes due in 2045 par value	300,000			300,000			—
Less: unamortized discount and debt issuance costs	(24,429		)	(21,106		)	(14,320		)
Gross long-term debt	6,040,836			5,670,818			6,096,039
Less: current portion of long-term debt, net of unamortized discount and issuance costs	(732,773		)	(838,349		)	(1,544,956		)
Total long-term debt	$	5,308,063		$	4,832,469		$	4,551,083