Debt and Borrowing Arrangements
|3 Months Ended|
Mar. 30, 2018
|Debt and Borrowing Arrangements Disclosure [Abstract]|
|Debt Disclosure [Text Block]||
DEBT AND BORROWING ARRANGEMENTS
During the three months ended March 30, 2018, the Company retired upon maturity $750 million total principal amount of notes due March 14, 2018 at a fixed interest rate of 1.65 percent and $26 million total principal amount of notes due January 29, 2018 at a fixed interest rate of 9.66 percent.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
Reference 1: http://www.xbrl.org/2003/role/presentationRef