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DEBT AND BANK CREDIT FACILITIES (Narrative) (Details)
3 Months Ended
Feb. 15, 2021
USD ($)
Aug. 27, 2018
USD ($)
Apr. 03, 2021
USD ($)
tranche
Mar. 28, 2020
USD ($)
Mar. 17, 2021
USD ($)
Mar. 16, 2021
USD ($)
Jan. 02, 2021
USD ($)
Debt Instrument [Line Items]              
Long-term debt     $ 1,017,700,000       $ 1,071,400,000
Fair value of debt     1,032,100,000       1,085,800,000
Term Facility              
Debt Instrument [Line Items]              
Principal amount   $ 900,000,000.0          
Debt instrument term   5 years          
Amortization rate per annum   5.00%          
Amortization rate, after two years   7.50%          
Amortization rate, last two years   10.00%          
Percent of certain cash proceeds received for required prepayment   100.00%          
Long-term debt, gross     620,000,000.0       670,000,000.0
Multicurrency Revolving Facility              
Debt Instrument [Line Items]              
Debt instrument term   5 years          
Senior Notes              
Debt Instrument [Line Items]              
Long-term debt, gross     400,000,000.0       400,000,000.0
Other              
Debt Instrument [Line Items]              
Long-term debt, gross     $ 4,200,000       $ 4,600,000
Weighted average interest rate     4.90%       4.90%
Bridge Loan              
Debt Instrument [Line Items]              
Principal amount $ 2,100,000,000            
Debt instrument term 364 days            
Additional commitment         $ 250,000,000.0    
Letter of Credit              
Debt Instrument [Line Items]              
Principal amount   $ 50,000,000.0          
Amended and Restated Credit Agreement | Term Facility              
Debt Instrument [Line Items]              
Principal amount         2,100,000,000    
Multicurrency Revolving Facility              
Debt Instrument [Line Items]              
Principal amount   $ 750,000,000.0     $ 750,000,000.0 $ 500,000,000.0  
Consolidated Fund Debt To EBITDA Ratio         3.00 4.50  
Multicurrency Revolving Facility | Term Facility              
Debt Instrument [Line Items]              
Available borrowing capacity     $ 749,800,000        
Multicurrency Revolving Facility | Line of Credit              
Debt Instrument [Line Items]              
Borrowings under line of credit     0        
Multicurrency Revolving Facility | Letter of Credit | Term Facility              
Debt Instrument [Line Items]              
Borrowings under line of credit     200,000        
2011 Notes | Senior Notes              
Debt Instrument [Line Items]              
Senior notes     $ 400,000,000.0        
Number of tranches in private placement | tranche     5        
2011 Notes | Minimum | Senior Notes              
Debt Instrument [Line Items]              
Debt instrument term     10 years        
2011 Notes | Maximum | Senior Notes              
Debt Instrument [Line Items]              
Debt instrument term     12 years        
Backstop Commitment Letter | Bridge Loan              
Debt Instrument [Line Items]              
Principal amount $ 1,100,000,000            
Land Commitment Letter | Bridge Loan              
Debt Instrument [Line Items]              
Principal amount $ 487,000,000.0            
Fixed Rate Series 2011A, Maturing 2021 | Senior Notes              
Debt Instrument [Line Items]              
Long-term debt, gross     $ 230,000,000.0        
Fixed Rate Series 2011A, Maturing 2023 | Senior Notes              
Debt Instrument [Line Items]              
Long-term debt, gross     $ 170,000,000.0        
Emerson Electric Co. | Term Facility              
Debt Instrument [Line Items]              
Weighted average interest rate, over time     1.50% 3.00%      
Emerson Electric Co. | Multicurrency Revolving Facility | Line of Credit              
Debt Instrument [Line Items]              
Weighted average interest rate, over time     1.40% 2.80%      
Average daily balance     $ 7,400,000 $ 109,800,000