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DEBT AND BANK CREDIT FACILITIES (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Feb. 15, 2021
Aug. 27, 2018
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Mar. 17, 2021
Jan. 02, 2021
Debt Instrument [Line Items]                  
Fair value of debt       $ 648.3   $ 648.3     $ 1,085.8
Term Facility                  
Debt Instrument [Line Items]                  
Principal amount     $ 900.0            
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       620.0   620.0     670.0
Multicurrency Revolving Facility                  
Debt Instrument [Line Items]                  
Principal amount     $ 500.0            
Debt instrument term     5 years            
Long-term debt, gross       27.8   27.8     0.0
Senior Notes                  
Debt Instrument [Line Items]                  
Long-term debt, gross       0.0   0.0     400.0
Other                  
Debt Instrument [Line Items]                  
Long-term debt, gross       $ 4.3   $ 4.3     $ 4.6
Weighted average interest rate       4.90%   4.90%     4.90%
Bridge Loan                  
Debt Instrument [Line Items]                  
Principal amount   $ 2,100.0              
Debt instrument term   364 days              
Letter of Credit                  
Debt Instrument [Line Items]                  
Principal amount     $ 50.0            
Multicurrency Revolving Facility                  
Debt Instrument [Line Items]                  
Principal amount     $ 750.0         $ 250.0  
Multicurrency Revolving Facility | Term Facility                  
Debt Instrument [Line Items]                  
Available borrowing capacity       $ 722.0   $ 722.0      
Multicurrency Revolving Facility | Line of Credit                  
Debt Instrument [Line Items]                  
Borrowings under line of credit       27.8   27.8      
Multicurrency Revolving Facility | Letter of Credit | Term Facility                  
Debt Instrument [Line Items]                  
Borrowings under line of credit       $ 0.2   $ 0.2      
Land Commitment Letter | Bridge Loan                  
Debt Instrument [Line Items]                  
Principal amount   $ 487.0              
Senior Notes 2023 | Senior Notes                  
Debt Instrument [Line Items]                  
Extinguishment of debt $ 184.0                
Make whole payment $ 12.7                
Emerson Electric Co. | Term Facility                  
Debt Instrument [Line Items]                  
Weighted average interest rate, over time       1.30% 1.50% 1.40% 2.10%    
Emerson Electric Co. | Multicurrency Revolving Facility | Line of Credit                  
Debt Instrument [Line Items]                  
Weighted average interest rate, over time       1.30% 1.50% 1.40% 2.10%    
Average daily balance       $ 106.5 $ 51.4 $ 38.8 $ 189.7