Debt (Tables)

9 Months Ended

Sep. 26, 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 September 26, 2020			At December 31, 2019
	Fair Value		Carrying Value	Fair Value	Carrying Value
1.750% Senior Notes, payable June 12, 2027; interest payable annually	$	552,879	581,598	—	—
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually	540,425		500,000	—	—
3.85% Senior Notes, payable February 1, 2023; interest payable semi-annually	636,480		600,000	627,144	600,000
2.00% Senior Notes, payable January 14, 2022; interest payable annually	572,531		581,598	580,235	560,099
2020 Floating Rate Notes, payable May 18, 2020; interest payable quarterly	—		—	336,066	336,059
2021 Floating Rate Notes, payable September 04, 2021; interest payable quarterly	340,057		348,959	335,965	336,059
U.S. commercial paper	—		—	317,000	317,000
European commercial paper	—		—	376,946	376,946
Five-year Senior unsecured Credit Facility, due October 18, 2024	—		—	16,803	16,803
Finance leases and other	38,866		38,866	30,049	30,049
Unamortized debt issuance costs	(12,110)		(12,110)	(3,129)	(3,129)
Total debt	2,669,128		2,638,911	2,617,079	2,569,886
Less current portion of long term debt and commercial paper	356,130		356,130	1,051,498	1,051,498
Long-term debt, less current portion	$	2,312,998	2,282,781	1,565,581	1,518,388