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v3.25.3

INDEBTEDNESS - Senior Credit Facilities (Details) |  | 3 Months Ended | 9 Months Ended
--- | --- | --- | ---
Sep. 09, 2025 USD ($) | Sep. 27, 2025 USD ($) | Sep. 27, 2025 USD ($)
Line of Credit Facility [Line Items] |  |  |
Borrowings |  |  | $ 1,258,600,000
Loss on amendment/refinancing of senior credit agreement |  | $ 1,000,000.0 |
Transaction cost |  | 500,000 |
Senior Credit Facilities | Term loans | Federal Funds Effective Swap Rate |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate (as a percent) | 0.50% |  |
Senior Credit Facilities | Term loans | SOFR |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate (as a percent) | 1.00% |  |
Senior Credit Facilities | Term loans | One-Month SOFR |  |  |
Line of Credit Facility [Line Items] |  |  |
Duration of interest period | 1 month |  |
Senior Credit Facilities | Term loans | Three-Month SOFR |  |  |
Line of Credit Facility [Line Items] |  |  |
Duration of interest period | 3 months |  |
Senior Credit Facilities | Term loans | Six-Month SOFR |  |  |
Line of Credit Facility [Line Items] |  |  |
Duration of interest period | 6 months |  |
Foreign Credit Instrument Facilities |  |  |
Line of Credit Facility [Line Items] |  |  |
Letters of credit issued, amount outstanding |  | 12,200,000 | 12,200,000
Senior Credit Facility | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | $ 1,500,000,000 |  |
Senior Credit Facility | Revolving Credit Facility and Current SPX Term Loan Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | 2,025,000,000 |  |
Senior Credit Facility | Revolving Credit Facility and Current SPX Term Loan Facility | Additional Commitments |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | $ 500,000,000.0 |  |
Senior Credit Facility | Revolving Credit Facility and Current SPX Term Loan Facility | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
EBITDA coverage ratio | 3.00 |  |
Senior Credit Facility | Current SPX Term Loan Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Face amount of debt | $ 500,000,000.0 |  |
Borrowings |  |  | 500,000,000.0
Revolving loans | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Amount of available borrowing capacity |  | 1,489,000,000 | 1,489,000,000
Revolving loans | Revolving loans | United States |  |  |
Line of Credit Facility [Line Items] |  |  |
Borrowings |  |  | 0.0
Term loans | Third Amendment |  |  |
Line of Credit Facility [Line Items] |  |  |
Payments of debt issuance costs |  | 4,200,000 |
Financial Letter of Credit Fee | Senior Credit Facilities |  |  |
Line of Credit Facility [Line Items] |  |  |
Fronting fees percentage | 0.125% |  |
Financial Letter of Credit Fee | Financial Letters Of Credit | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | $ 200,000,000.0 |  |
Financial Letter of Credit Fee | Non - Financial Letters Of Credit | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | 50,000,000.0 |  |
Financial Letter of Credit Fee | Non-U.S. Exposure | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | 250,000,000.0 |  |
Financial Letter of Credit Fee | Bilateral Foreign Credit Instrument Facility | Revolving loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement | $ 25,000,000.0 |  |
Financial Letter of Credit Fee | Domestic Revolving Loan Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Maximum borrowing capacity under financing arrangement |  | $ 11,000,000.0 | $ 11,000,000.0
Line of Credit | Senior Credit Facilities |  |  |
Line of Credit Facility [Line Items] |  |  |
Weighted-average interest rate of senior credit facilities |  | 5.50% | 5.50%
Maximum period within which net proceeds should be reinvested | 365 days |  |
Period after end of 365 day period if committed to be reinvested | 180 days |  |
Percentage of capital stock | 100.00% |  |
Percentage of capital stock of material first tier foreign subsidiaries | 65.00% |  |
Percentage of non-voting capital stock | 100.00% |  |
Line of Credit | Senior Credit Facilities | Four Fiscal Quarters After Certain Permitted Acquisitions |  |  |
Line of Credit Facility [Line Items] |  |  |
Coverage ratio | 4.25 |  |
Line of Credit | Senior Credit Facilities | Maximum | Last Day Of Any Fiscal Quarter |  |  |
Line of Credit Facility [Line Items] |  |  |
Leverage ratio | 3.75 |  |
Line of Credit | Senior Credit Facilities | Minimum | Last Day Of Any Fiscal Quarter |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest coverage ratio | 3.00 |  |
Foreign credit instrument facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Amount of available borrowing capacity |  | $ 12,800,000 | $ 12,800,000
Foreign credit instrument facility | Senior Credit Facilities |  |  |
Line of Credit Facility [Line Items] |  |  |
Fronting fees percentage | 0.25% |  |

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