Debt Outstanding Debt (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended | |
Apr. 30, 2016 | Apr. 02, 2016 | Mar. 28, 2015 | Dec. 31, 2015 |
Debt Instrument [Line Items] | | | | | |
Total Borrowings at Par Value | | | $ 14,930.5 | | $ 12,415.8 |
Fair Value Hedge Accounting Adjustments | | | 59.6 | | 6.2 |
Unamortized Premium, Net | | | 98.8 | | 104.7 |
Unamortized Debt Issuance Costs | | | (52.9) | | (54.7) |
Total Borrowings at Carrying Value | | | 15,036 | | 12,472 |
Less: Short-term Obligations and Current Maturities | | | 3,383 | | 1,051.8 |
Long-term Obligations | | | 11,653 | | 11,420.2 |
Net proceeds from issuance of debt | | | 998.9 | $ 0 | |
Repayments of Debt | | | $ 1.4 | $ 851.4 | |
Payments for Hedge, Financing Activities | | $ 75 | | | |
U.S. Commercial Paper Program [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Effective Interest Rate | | | 1.51% | | |
Total Borrowings at Par Value | | | $ 1,228 | | 49.6 |
Total Borrowings at Carrying Value | | | $ 1,228 | | 49.6 |
Term Loan [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Effective Interest Rate | | | 1.57% | | |
Total Borrowings at Par Value | | | $ 1,000 | | |
Total Borrowings at Carrying Value | | | 999.2 | | |
Senior Notes [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Total Borrowings at Carrying Value | | | $ 12,793.1 | | 12,406.1 |
Debt Instrument, Call Feature | | | Each of the notes may be redeemed at a redemption price of 100% of the principal amount plus a specified make-whole premium plus accrued interest. | | |
Senior Notes [Member] | 2.25% 5-Year Senior Notes, Due 8/15/2016 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 2.25% | | |
Debt Instrument, Term | | | 5 years | | |
Debt Instrument, Maturity Date | | | Aug. 15, 2016 | | |
Effective Interest Rate | | | 2.44% | | |
Total Borrowings at Par Value | | | $ 1,000 | | 1,000 |
Repayments of Debt | | $ 1,000 | | | |
Senior Notes [Member] | 1.30% 3-Year Senior Notes, Due 2/1/2017 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 1.30% | | |
Debt Instrument, Term | | | 3 years | | |
Debt Instrument, Maturity Date | | | Feb. 1, 2017 | | |
Effective Interest Rate | | | 1.25% | | |
Total Borrowings at Par Value | | | $ 900 | | 900 |
Senior Notes [Member] | 1.85% 5-Year Senior Notes, Due 1/15/2018 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 1.85% | | |
Debt Instrument, Term | | | 5 years | | |
Debt Instrument, Maturity Date | | | Jan. 15, 2018 | | |
Effective Interest Rate | | | 2.01% | | |
Total Borrowings at Par Value | | | $ 500 | | 500 |
Senior Notes [Member] | 2.15% 3-Year Senior Notes, Due 12/14/2018 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 2.15% | | |
Debt Instrument, Term | | | 3 years | | |
Debt Instrument, Maturity Date | | | Dec. 14, 2018 | | |
Effective Interest Rate | | | 2.35% | | |
Total Borrowings at Par Value | | | $ 450 | | 450 |
Senior Notes [Member] | 2.40% 5-Year Senior Notes, Due 2/1/2019 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 2.40% | | |
Debt Instrument, Term | | | 5 years | | |
Debt Instrument, Maturity Date | | | Feb. 1, 2019 | | |
Effective Interest Rate | | | 2.59% | | |
Total Borrowings at Par Value | | | $ 900 | | 900 |
Senior Notes [Member] | 6.00% 10-Year Senior Notes, Due 3/1/2020 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 6.00% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Mar. 1, 2020 | | |
Effective Interest Rate | | | 2.97% | | |
Total Borrowings at Par Value | | | $ 750 | | 750 |
Senior Notes [Member] | 4.70% 10-Year Senior Notes, Due 5/1/2020 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 4.70% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | May 1, 2020 | | |
Effective Interest Rate | | | 4.23% | | |
Total Borrowings at Par Value | | | $ 300 | | 300 |
Senior Notes [Member] | 1.50% 5-Year Senior Notes, Due 12/1/2020 (euro-denominated) [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 1.50% | | |
Debt Instrument, Term | | | 5 years | | |
Debt Instrument, Maturity Date | | | Dec. 1, 2020 | | |
Effective Interest Rate | | | 1.61% | | |
Total Borrowings at Par Value | | | $ 484.1 | | 461.6 |
Senior Notes [Member] | 5.00% 10-Year Senior Notes, Due 1/15/2021 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 5.00% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Jan. 15, 2021 | | |
Effective Interest Rate | | | 3.24% | | |
Total Borrowings at Par Value | | | $ 400 | | 400 |
Senior Notes [Member] | 4.50% 10-Year Senior Notes, Due 3/1/2021 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 4.50% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Mar. 1, 2021 | | |
Effective Interest Rate | | | 3.50% | | |
Total Borrowings at Par Value | | | $ 1,000 | | 1,000 |
Senior Notes [Member] | 3.60% 10-Year Senior Notes, Due 8/15/2021 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 3.60% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Aug. 15, 2021 | | |
Effective Interest Rate | | | 3.16% | | |
Total Borrowings at Par Value | | | $ 1,100 | | 1,100 |
Senior Notes [Member] | 3.30% 7-Year Senior Notes, Due 2/15/2022 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 3.30% | | |
Debt Instrument, Term | | | 7 years | | |
Debt Instrument, Maturity Date | | | Feb. 15, 2022 | | |
Effective Interest Rate | | | 3.43% | | |
Total Borrowings at Par Value | | | $ 800 | | 800 |
Senior Notes [Member] | 2.15% 7-Year Senior Notes, Due 7/21/2022 (euro-denominated) [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 2.15% | | |
Debt Instrument, Term | | | 7 years | | |
Debt Instrument, Maturity Date | | | Jul. 21, 2022 | | |
Effective Interest Rate | | | 2.28% | | |
Total Borrowings at Par Value | | | $ 569.6 | | 543.1 |
Senior Notes [Member] | 3.15% 10-Year Senior Notes, Due 1/15/2023 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 3.15% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Jan. 15, 2023 | | |
Effective Interest Rate | | | 3.31% | | |
Total Borrowings at Par Value | | | $ 800 | | 800 |
Senior Notes [Member] | Senior Notes 3.00% Due 2023 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | 3.00% | | | |
Net proceeds from issuance of debt | | $ 1,000 | | | |
Senior Notes [Member] | 4.15% 10-Year Senior Notes, Due 2/1/2024 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 4.15% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Feb. 1, 2024 | | |
Effective Interest Rate | | | 4.16% | | |
Total Borrowings at Par Value | | | $ 1,000 | | 1,000 |
Senior Notes [Member] | 2.00% 10-Year Senior Notes, Due 4/15/2025 (euro-denominated) [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 2.00% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Apr. 15, 2025 | | |
Effective Interest Rate | | | 2.09% | | |
Total Borrowings at Par Value | | | $ 729 | | 695.2 |
Senior Notes [Member] | 3.65% 10-Year Senior Notes, Due 12/15/2025 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 3.65% | | |
Debt Instrument, Term | | | 10 years | | |
Debt Instrument, Maturity Date | | | Dec. 15, 2025 | | |
Effective Interest Rate | | | 3.77% | | |
Total Borrowings at Par Value | | | $ 350 | | 350 |
Senior Notes [Member] | 5.30% 30-Year Senior Notes, Due 2/1/2044 [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Stated Interest Rate | | | 5.30% | | |
Debt Instrument, Term | | | 30 years | | |
Debt Instrument, Maturity Date | | | Feb. 1, 2044 | | |
Effective Interest Rate | | | 5.37% | | |
Total Borrowings at Par Value | | | $ 400 | | 400 |
Senior Notes [Member] | Affymetrix Debt at Fair Value [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Total Borrowings at Par Value | [1] | | 254.1 | | |
Other Debt [Member] | | | | | |
Debt Instrument [Line Items] | | | | | |
Total Borrowings at Par Value | | | 15.7 | | 16.3 |
Total Borrowings at Carrying Value | | | $ 15.7 | | $ 16.3 |
| |
[1] | The debt assumed in the acquisition of Affymetrix was substantially repaid in April 2016. | |