Quarterly report pursuant to Section 13 or 15(d)

DEBT AND BORROWING ARRANGEMENTS

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DEBT AND BORROWING ARRANGEMENTS
6 Months Ended
Jul. 01, 2022
Debt Disclosure [Abstract]  
DEBT AND BORROWING ARRANGEMENTS DEBT AND BORROWING ARRANGEMENTSDuring the six months ended July 1, 2022, the Company retired upon maturity fixed interest rate U.S. dollar-denominated debentures of $288 million with an interest rate of 8.500 percent.