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Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 29, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges
The following is a summary of the gain (loss) included in the condensed consolidated statements of income (loss) and comprehensive income (loss) related to the derivative instruments described above (in millions):
 First Quarter
 20262025
Net gain (loss) recognized in AOCI—Foreign Exchange Contracts (a)
$(0.4)$0.8 
Net gain (loss) recognized in AOCI—Cross-Currency Swap Contracts (a)
$12.1 $(5.5)
Net gain (loss) reclassified from AOCI into revenue/cost of sales—Foreign Exchange Contracts (a)
$0.5 $(0.9)
Net gain (loss) recognized in other income and expense, net—Foreign Exchange Contracts
$(14.0)$11.4 
(a) Effective portion, pre-tax
Schedule of Notional Amounts of Outstanding Foreign Currency Contracts
The following is a summary of notional amounts and fair values of the Company’s derivatives recorded in the condensed consolidated balance sheets presented by instrument type and use (in millions):
Notional Amount
Fair Value Asset
Fair Value Liability
March 29, 2026December 28, 2025March 29, 2026December 28, 2025March 29, 2026December 28, 2025
Derivatives designated as hedging instruments:
Foreign currency forward contracts$106.4 $52.2 $0.1 $0.5 $(0.5)$— 
Cross-currency swap agreements518.7 530.0 6.7 6.0 (27.0)(40.4)
Total derivatives designated as hedging instruments$625.1 $582.2 $6.8 $6.5 $(27.5)$(40.4)
Derivatives not designated as hedging instruments:
Foreign currency forward contracts$641.9 $815.6 $1.4 $15.5 $(16.4)$(1.4)
Total derivatives$1,267.0 $1,397.8 $8.2 $22.0 $(43.9)$(41.8)