LONG-TERM DEBT AND FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 30, 2023

Debt Disclosure [Abstract]

Long-Term Debt and Financing Arrangements

		December 30, 2023												December 31, 2022
(Millions of Dollars)	Interest Rate	Notional Value		Unamortized Discount		Unamortized Gain (Loss) Terminated Swaps1		Purchase Accounting FV Adjustment		Deferred Financing Fees		Carrying Value		Carrying Value
Notes payable due 2025	2.30%	$	500.0	$	(0.3)	$	—	$	—	$	(1.0)	$	498.7	$	497.7
Notes payable due 2026	3.40%	500.0		(0.2)		—		—		(0.9)		498.9		498.3
Notes payable due 2026	6.27%	350.0		—		—		—		(1.4)		348.6		—
Notes payable due 2026	3.42%	25.0		—		—		1.0		—		26.0		26.4
Notes payable due 2026	1.84%	27.6		—		—		1.0		(0.1)		28.5		28.0
Notes payable due 2028	6.00%	400.0		(0.4)		—		—		(2.1)		397.5		—
Notes payable due 2028	7.05%	150.0		—		4.9		4.8		—		159.7		161.8
Notes payable due 2028	4.25%	500.0		(0.2)		—		—		(2.1)		497.7		497.2
Notes payable due 2028	3.52%	50.0		—		—		3.3		(0.2)		53.1		53.7
Notes payable due 2030	2.30%	750.0		(1.5)		—		—		(3.2)		745.3		744.5
Notes payable due 2032	3.00%	500.0		(0.8)		—		—		(2.9)		496.3		495.9
Notes payable due 2040	5.20%	400.0		(0.2)		(24.6)		—		(2.3)		372.9		371.3
Notes payable due 2048	4.85%	500.0		(0.5)		—		—		(4.5)		495.0		494.8
Notes payable due 2050	2.75%	750.0		(1.8)		—		—		(7.5)		740.7		740.3
Notes payable due 2060 (junior subordinated)	4.00%	750.0		—		—		—		(8.6)		741.4		741.2
Other, payable in varying amounts 2024 through 2027	4.10%-4.31%	1.8		—		—		—		—		1.8		3.0
Total long-term debt, including current maturities		$	6,154.4	$	(5.9)	$	(19.7)	$	10.1	$	(36.8)	$	6,102.1	$	5,354.1
Less: Current maturities of long-term debt												(1.1)		(1.2)
Long-term debt												$	6,101.0	$	5,352.9

1 Unamortized gain (loss) associated with interest rate swaps are more fully discussed in Note I, Financial Instruments.