Derivative Financial Instruments - Additional Information (Details) $ in Millions |
6 Months Ended | ||
|---|---|---|---|
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Jun. 29, 2024
USD ($)
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Jun. 14, 2024
USD ($)
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Mar. 31, 2021
USD ($)
derivative
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| Derivative | |||
| Unrealized gains expected to be reclassified from AOCI in next 12 months | $ 19 | ||
| Swap Agreements | |||
| Derivative | |||
| Number of interest rate derivatives held | derivative | 8 | ||
| Notional value | $ 560 | ||
| Interest Rate Cap | |||
| Derivative | |||
| Notional value | $ 346 | ||
| Strike rate | 4.79% | ||
| Premium value | $ 7 |
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- Definition Derivative, Premium No definition available.
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- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Average cap rate on a group of interest rate derivatives, such as interest rate caps or collars. If market rates exceed the cap rate, a payment or receipt is triggered on the contract. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of interest rate derivative instruments held by the entity at the reporting date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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