Debt (Tables)

12 Months Ended

Dec. 30, 2022

Long-Term Debt, Current and Noncurrent [Abstract]

Debt consisted of the following:


At the End of Year		Effective interest rate
(In millions, except percentages)	Date of Issuance	for 2022	2022		2021
Senior Notes:
Senior Notes, 4.15%, due June 2023	June 2018	4.36%	$	300.0	$	300.0
Senior Notes, 4.75%, due December 2024	November 2014	4.95%	400.0		400.0
Senior Notes, 4.90%, due June 2028	June 2018	5.04%	600.0		600.0
Credit Facilities:
2022 Revolving Credit Facility, due March 2027	September 2022	5.54%	225.0		—

Unamortized discount and issuance costs			(5.0)		(6.8)
Total debt			1,520.0		1,293.2
Less: Short-term debt			300.0		—
Long-term debt			$	1,220.0	$	1,293.2

Schedule of Maturities of Long-term Debt

Debt Maturities

At the end of 2022, our debt maturities based on outstanding principal were as follows:


(In million)
2023	$	300.0
2024	400.0
2025	—
2026	—
2027	225.0
Thereafter	600.0
Total	$	1,525.0

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details