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Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 29, 2024 | Jul. 01, 2023 | Jun. 29, 2024 | Jul. 01, 2023 | Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |  |  |  |  |  |
Notional amount (U.S. dollar equivalent) |  | $ 94.4 |  | $ 94.4 |  | $ 258.4
Fair value of foreign currency derivative contracts(a) | [1] | 3.2 |  | 3.2 |  | $ 3.8
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | [2] | $ (1.2) | $ (2.1) | (3.4) | $ (3.2) |
Cash inflow (outflow) from settlement of foreign currency derivative contracts |  |  |  | $ (3.5) | $ 4.8 |
[1] | Our foreign currency derivative contracts are classified within Level 2 of the fair value hierarchy because these contracts are not actively traded and the valuation inputs are based on market observable data of similar instruments.
[2] | None of our derivative contracts were designated as hedging instruments under ASC 815 - Derivatives & Hedging.

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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC + Details
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