Debt (Tables)

3 Months Ended

Mar. 28, 2020

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of our debt instruments are detailed as follows:

	At March 28, 2020					At December 31, 2019
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	610,050		600,000		627,144		600,000
2.00% senior notes, payable January 14, 2022; interest payable annually	545,561			556,917		580,235		560,099
Floating Rate Notes, payable May 18, 2020, interest payable quarterly	334,173			334,150		336,066		336,059
Floating rate notes, payable September 04, 2021, interest payable quarterly	332,733			334,150		335,965		336,059
U.S. commercial paper	60,300			60,300		317,000		317,000
European commercial paper	245,600			245,600		376,946		376,946
Five-year senior secured credit facility, due October 18, 2024	565,245			565,245		16,803		16,803
Finance leases and other	30,877			30,877		30,049		30,049
Unamortized debt issuance costs	(2,714		)	(2,714	)	(3,129	)	(3,129	)
Total debt	2,721,825			2,724,525		2,617,079		2,569,886
Less current portion of long-term debt and commercial paper	1,210,525			1,210,525		1,051,498		1,051,498
Long-term debt, less current portion	$	1,511,300		1,514,000		1,565,581		1,518,388