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STOCK COMPENSATION PLANS (Tables) | 9 Months Ended
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Sep. 28, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Compensation Costs | For the periods presented, compensation expense for all types of stock-based compensation programs and the related income tax benefit recognized were as follows:
|  | Three Months Ended |  | Nine Months Ended
|  | September 28, 2025 |  | September 29, 2024 |  | September 28, 2025 |  | September 29, 2024
Pre-tax compensation expense |  | $ | 15,451 |  |  | $ | 15,073 |  |  | $ | 46,453 |  |  | $ | 32,573 |
Related income tax benefit |  | 3,294 |  |  | 2,572 |  |  | 15,478 |  |  | 6,352 |
Schedule of Activity Relating to the Grants of Stock Options | A summary of activity relating to grants of stock options for the period ended September 28, 2025 is as follows:
Stock Options | Shares | Weighted-Average Exercise Price (per share) | Weighted-Average Remaining Contractual Term | Aggregate Intrinsic Value
Outstanding at beginning of year | 579,834 |  | $106.73 | 2.7 years |
Granted | 5,165 |  | $164.16 |  |
Exercised | (171,857) |  | $102.56 |  |
Outstanding as of September 28, 2025 | 411,667 |  | $108.98 | 2.4 years | $ | 32,916 |
Options exercisable as of September 28, 2025 | 402,518 |  | $107.01 | 2.2 years | $ | 32,828 |
Schedule of Fair Value Estimated on the Grant Date and the Weighted Average Assumptions | The fair value was estimated on the date of grant using a Black-Scholes option-pricing model and the following weighted-average assumptions:
|  | Nine Months Ended
|  | September 28, 2025 |  | September 29, 2024
Dividend yields |  | 3.0 | % |  | 2.0 | %
Expected volatility |  | 22.3 | % |  | 21.3 | %
Risk-free interest rates |  | 4.2 | % |  | 4.3 | %
Expected term in years |  | 6.3 |  | 6.3
Schedule of Activity Relating to Grants of PSUs and RSUs | A summary of activity relating to grants of PSUs and RSUs for the period ended September 28, 2025 is as follows:
Performance Stock Units and Restricted Stock Units |  | Number of units |  | Weighted-average grant date fair value for equity awards (per unit)
Outstanding at beginning of year |  | 538,803 |  |  | $204.65
Granted |  | 643,726 |  |  | $168.32
Performance assumption change (1) |  | 240,508 |  |  | $235.97
Vested |  | (318,390) |  |  | $206.11
Forfeited |  | (110,222) |  |  | $196.37
Outstanding as of September 28, 2025 |  | 994,426 |  |  | $189.15
(1)Reflects the net number of PSUs above and below target levels based on the performance metrics.
Schedule of Information Pertaining to Fair Value of PSUs and RSUs Granted for Potential Future Distribution | The following table sets forth information about the fair value of the PSUs and RSUs granted for potential future distribution to employees and non-employee directors. In addition, the table provides weighted average assumptions used to determine the fair value of the market-based total shareholder return component using the Monte Carlo simulation model on the date of grant.
|  | Nine Months Ended
|  | September 28, 2025 |  | September 29, 2024
Units granted |  | 643,726 |  | 357,272
Weighted-average fair value at date of grant |  | $ | 168.32 |  | $ | 195.06
Monte Carlo simulation assumptions: |  |  |  |
Estimated values |  | $110.81 |  | $ | 84.13
Dividend yields |  | 3.2 | % |  | 2.8 | %
Expected volatility |  | 22.2 | % |  | 18.5 | %

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