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Debt (Tables) | 3 Months Ended
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Mar. 29, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | The Company’s debt as of March 29, 2025 and December 31, 2024 consisted of the following:
(In millions) | March 29, 2025 |  | December 31, 2024
Senior secured term loans B due 2029 at 4.71% (1) | $ | 750.0 |  |  | $ | 750.0 |
Senior secured notes due 2029 at 4.75% | 1,600.0 |  |  | 1,600.0 |
Senior unsecured notes due 2030 at 5.95% | 895.0 |  |  | 895.0 |
Senior unsecured notes due 2029 at 3.625% | 400.0 |  |  | 400.0 |
Senior unsecured notes due 2028 at 4.375% | 400.0 |  |  | 400.0 |
Revolving facility due 2027 (2) | — |  |  | — |
Total debt (par value) | 4,045.0 |  |  | 4,045.0 |
Less: Unamortized discount and debt issuance costs | (60.5) |  |  | (63.9) |
Total long-term debt, net | $ | 3,984.5 |  |  | $ | 3,981.1 |
Schedule of Maturities of Long-term Debt | Annual maturities of long-term debt, excluding unamortized discount and debt issuance costs, due as of March 29, 2025 were as follows:
(In millions) | Remaining 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | Thereafter |  | Total
Long-term debt obligation maturities* | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 400.0 |  |  | $ | 2,750.0 |  |  | $ | 895.0 |  |  | $ | 4,045.0 |
* Senior secured term loans B subject to Excess Cash Flow payments to the lenders.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
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