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DEBT	3 Months Ended
Mar. 28, 2015
DEBT	NOTE 5. DEBT Amended Credit Facility Based on the March borrowing base certificate, at March 28, 2015, the Company had approximately $1.1 billion of available credit under the asset-based, multi-currency revolving credit facility (the “Amended Credit Facility”) provided by the Amended and Restated Credit Agreement entered into in May 2011, as amended effective February 2012, March 2013, and November 2013. As of March 28, 2015, letters of credit outstanding under the Amended Credit Facility totaled $91 million. There were no borrowings under the Amended Credit Facility in the first quarter of 2015. The Company was in compliance with all applicable financial covenants at March 28, 2015.

DEBT

3 Months Ended

Mar. 28, 2015

NOTE 5. DEBT

Amended Credit Facility

Based on the March borrowing base certificate, at March 28, 2015, the Company had approximately $1.1 billion of available credit under the asset-based, multi-currency revolving credit facility (the “Amended Credit Facility”) provided by the Amended and Restated Credit Agreement entered into in May 2011, as amended effective February 2012, March 2013, and November 2013. As of March 28, 2015, letters of credit outstanding under the Amended Credit Facility totaled $91 million. There were no borrowings under the Amended Credit Facility in the first quarter of 2015.

The Company was in compliance with all applicable financial covenants at March 28, 2015.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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