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EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 28, 2025
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
During the fourth quarter of 2023, we initiated the wind-up of our Canadian defined benefit pension plans (collectively, the “Canadian Pension Plans”). We received regulatory approval for the wind-up which was completed during the first quarter of 2025. This transaction resulted in a settlement loss of $0.3 recorded in net periodic pension benefit expense during the six months ended June 28, 2025. In addition, and in connection with this wind-up, we remeasured the assets and liabilities of the Canadian Pension Plans, which resulted in a loss of $0.5 recorded in net periodic pension benefit expense for the six months ended June 28, 2025. Lastly, as a result of the wind-up, we have eliminated the third-party cost and internal resource requirements associated with administering these benefit plans.

Net periodic benefit (income) expense for our pension and postretirement plans included the following components:

Domestic Pension Plans
Three months endedSix months ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Service cost$— $— $— $— 
Interest cost3.0 3.0 6.0 6.0 
Expected return on plan assets(2.0)(2.2)(4.0)(4.4)
Net periodic pension benefit expense$1.0 $0.8 $2.0 $1.6 


Foreign Pension Plans
Three months endedSix months ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Service cost$— $— $— $— 
Interest cost1.0 1.4 2.0 2.8 
Expected return on plan assets(0.9)(1.3)(1.8)(2.6)
Settlement loss (1)
— — 0.3 — 
Recognized net actuarial loss (1)
— — 0.5 — 
Net periodic pension benefit expense$0.1 $0.1 $1.0 $0.2 
__________________________
(1)Relates to the wind-up of the Canadian Pension Plans referred to previously.

Postretirement Plans
Three months endedSix months ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Service cost$— $— $— $— 
Interest cost0.3 0.3 0.6 0.6 
Amortization of unrecognized prior service credits(0.8)(0.8)(1.6)(1.6)
Net periodic postretirement benefit income$(0.5)$(0.5)$(1.0)$(1.0)