XML 58 R39.htm IDEA: XBRL DOCUMENT v3.25.0.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 29, 2024
Property, plant and equipment [abstract]  
Disclosure of detailed information about property, plant and equipment The cost of property, plant and equipment less its residual value, if any, is depreciated on a straight-line basis over the following estimated useful lives:
AssetUseful life
Buildings and improvements(1)
5 to 40 years
Manufacturing equipment(2)
2 to 20 years
Other equipment
3 to 10 years
(1) The majority of the Company's buildings are depreciated over a 30 to 40 year period.
(2) The majority of the Company's manufacturing equipment is depreciated over a 15 to 20 year period.
PROPERTY, PLANT AND EQUIPMENT:
LandBuildings and improvementsManufacturing equipmentOther equipmentAssets not yet utilized in operationsTotal
2024
Cost
Balance, December 31, 2023$129,569 $601,486 $1,313,960 $172,228 $185,251 $2,402,494 
Additions
238 24,652 55,770 8,065 53,764 142,489 
Transfers— 73,707 103,684 3,910 (181,301)— 
Disposals(1)
(899)(49,319)(35,091)(9,095)— (94,404)
Balance, December 29, 2024$128,908 $650,526 $1,438,323 $175,108 $57,714 $2,450,579 
Accumulated depreciation
Balance, December 31, 2023$— $283,325 $806,086 $138,568 $— $1,227,979 
Depreciation (note 20)— 26,620 72,996 11,516 — 111,132 
Disposals(1)
— (23,785)(28,897)(9,090)— (61,772)
Balance, December 29, 2024$ $286,160 $850,185 $140,994 $ $1,277,339 
Carrying amount, December 29, 2024$128,908 $364,366 $588,138 $34,114 $57,714 $1,173,240 

LandBuildings and improvementsManufacturing equipmentOther equipmentAssets not yet utilized in operationsTotal
2023
Cost
Balance, January 1, 2023$130,940 $591,302 $1,205,601 $175,366 $172,754 $2,275,963 
Additions2,910 28,661 31,337 6,659 126,126 195,693 
Transfers— 11,024 97,684 4,921 (113,629)— 
Disposals(1)
(4,281)(29,501)(20,662)(14,718)— (69,162)
Balance, December 31, 2023$129,569 $601,486 $1,313,960 $172,228 $185,251 $2,402,494 
Accumulated depreciation
Balance, January 1, 2023$— $263,383 $756,317 $141,094 $— $1,160,794 
Depreciation (note 20)— 23,493 66,694 10,974 — 101,161 
Disposals(1)
— (3,551)(16,925)(13,500)— (33,976)
Balance, December 31, 2023$— $283,325 $806,086 $138,568 $— $1,227,979 
Carrying amount, December 31, 2023$129,569 $318,161 $507,874 $33,660 $185,251 $1,174,515 
(1) Disposals include the write-off of certain equipment relating to facility closures. See note 17 "Restructuring and acquisition-related costs" for additional information.
DEPRECIATION AND AMORTIZATION:
20242023
Depreciation of property, plant and equipment (note 8)$111,132 $101,161 
Depreciation of right-of-use assets (note 9)14,128 13,356 
Adjustment for the variation of depreciation included in inventories at the beginning and end of the year(298)(6,716)
Amortization of intangible assets, excluding software (note 10)8,104 8,275 
Amortization of software (note 10)5,136 5,568 
Depreciation and amortization included in net earnings$138,202 $121,644