XML 174 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Debt
 3 Months Ended
Mar. 29, 2020
Debt Disclosure [Abstract]  
Debt Debt
Debt with a contractual term less than 12 months is generally classified as short-term and consisted of the following (in thousands):
March 29,
2020		December 31,
2019		March 31,
2019
Unsecured commercial paper$1,335,664  $571,995  $1,192,925  
Debt with a contractual term greater than 12 months is generally classified as long-term and consisted of the following (in thousands): 
March 29,
2020		December 31,
2019		March 31,
2019
Secured debt:
Asset-backed Canadian commercial paper conduit facility$155,243  $114,693  $142,676  
Asset-backed U.S. commercial paper conduit facilities600,000  490,427  526,947  
Asset-backed securitization debt1,161,047  766,965  18,712  
Unamortized discounts and debt issuance costs(4,202) (2,573) (18) 
1,912,088  1,369,512  688,317  
March 29,
2020		December 31,
2019		March 31,
2019
Unsecured notes (at par value):
Medium-term notes:
Due in 2019, issued September 20142.40 %—  —  600,000  
Due in 2020, issued February 20152.15 %—  600,000  600,000  
Due in 2020, issued May 2018
LIBOR + 0.50%
450,000  450,000  450,000  
Due in 2020, issued March 20172.40 %350,000  350,000  350,000  
Due in 2021, issued January 20162.85 %600,000  600,000  600,000  
Due in 2021, issued November 2018
LIBOR + 0.94%
450,000  450,000  450,000  
Due in 2021, issued May 20183.55 %350,000  350,000  350,000  
Due in 2022, issued February 20194.05 %550,000  550,000  550,000  
Due in 2022, issued June 20172.55 %400,000  400,000  400,000  
Due in 2023, issued February 20183.35 %350,000  350,000  350,000  
Due in 2024, issued November 2019(a)
3.14 %660,030  672,936  —  
Unamortized discounts and debt issuance costs(11,046) (12,809) (14,364) 
4,148,984  4,760,127  4,685,636  
Senior notes:
Due in 2025, issued July 20153.50 %450,000  450,000  450,000  
Due in 2045, issued July 20154.625 %300,000  300,000  300,000  
Unamortized discounts and debt issuance costs(6,534) (6,704) (7,209) 
743,466  743,296  742,791  
4,892,450  5,503,423  5,428,427  
Long-term debt6,804,538  6,872,935  6,116,744  
Current portion of long-term debt, net(2,326,460) (1,748,109) (1,372,050) 
Long-term debt, net$4,478,078  $5,124,826  $4,744,694  
(a)Euro denominated, €600.0 million par value remeasured to U.S. dollar at March 29, 2020 and December 31, 2019, respectively