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v3.25.2

Accumulated Other Comprehensive Income (Loss) | 6 Months Ended
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Jun. 28, 2025
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss)
(In millions) | Foreign Currency Translation Adjustments |  | Prior Pension and Post-Retirement Benefit Service Cost and Actuarial Gain (Loss) |  | Total
Balance as of December 31, 2024 | $ | (1,527.2) |  |  | (0.7) |  |  | (1,527.9) |
Current period other comprehensive income (loss) | 580.3 |  |  | — |  |  | 580.3 |
Balance as of June 28, 2025 | $ | (946.9) |  |  | (0.7) |  |  | (947.6) |
Stockholders’ Equity The following tables reflect the changes in stockholders’ equity for the three months ended June 28, 2025, and June 29, 2024.
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interests | Total Stockholders’ Equity
(In millions) | Shares | Amount | Shares | Amount
Balance as of March 29, 2025 |  | 69.8 |  | $0.7 |  | $1,971.2 |  | $7,372.2 |  | ($1,272.8) |  | (7.3) |  | ($215.2) |  | $5.8 |  | $7,861.9 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 0.1 |  | — |  | (0.7) |  | — |  | — |  | — |  | — |  | — |  | (0.7) |
Stock-based compensation expense |  | — |  | — |  | 7.6 |  | — |  | — |  | — |  | — |  | — |  | 7.6 |
Repurchases of common stock |  | (0.4) |  | — |  | — |  | (42.6) |  | — |  | — |  | — |  | — |  | (42.6) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 0.3 |  | 0.3 |
De-consolidation of noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (0.6) |  | (0.6) |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | 325.2 |  | — |  | — |  | — |  | 325.2 |
Prior pension and post-retirement benefit service cost and actuarial loss |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Net earnings |  | — |  | — |  | — |  | 146.5 |  | — |  | — |  | — |  | — |  | 146.5 |
Balances as of June 28, 2025 |  | 69.5 |  | $0.7 |  | $1,978.1 |  | $7,476.1 |  | ($947.6) |  | (7.3) |  | ($215.2) |  | $5.5 |  | $8,297.6 |
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interests | Total Stockholders’ Equity
(In millions) | Shares | Amount | Shares | Amount
Balance as of March 30, 2024 |  | 71.2 |  | $0.7 |  | $1,949.1 |  | $7,075.2 |  | ($1,167.8) |  | (7.3) |  | ($215.3) |  | $5.9 |  | $7,647.8 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | — |  | — |  | (0.9) |  | — |  | — |  | — |  | — |  | — |  | (0.9) |
Stock-based compensation expense |  | — |  | — |  | 6.8 |  | — |  | — |  | — |  | — |  | — |  | 6.8 |
Repurchases of common stock |  | (0.8) |  | — |  | — |  | (87.8) |  | — |  | — |  | — |  | — |  | (87.8) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 0.1 |  | 0.1 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (0.1) |  | (0.1) |
Purchase of noncontrolling interest, net of taxes |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 0.1 |  | 0.1 |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | (70.9) |  | — |  | — |  | — |  | (70.9) |
Prior pension and post-retirement benefit service cost and actuarial gain |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Net earnings |  | — |  | — |  | — |  | 157.4 |  | — |  | — |  | — |  | — |  | 157.4 |
Balances as of June 29, 2024 |  | 70.4 |  | $0.7 |  | $1,955.0 |  | $7,144.8 |  | ($1,238.7) |  | (7.3) |  | ($215.3) |  | $6.0 |  | $7,652.5 |
The following tables reflect the changes in stockholders’ equity for the six months ended June 28, 2025, and June 29, 2024.
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interest | Total Stockholders’ Equity
(In millions) | Shares | Amount | Shares | Amount
Balances as of December 31, 2024 |  | 69.9 |  | $0.7 |  | $1,968.8 |  | $7,325.1 |  | ($1,527.9) |  | (7.3) |  | ($215.3) |  | $5.5 |  | $7,556.9 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 0.2 |  | — |  | (5.9) |  | — |  | — |  | — |  | 0.1 |  | — |  | (5.8) |
Stock-based compensation expense |  | — |  | — |  | 15.2 |  | — |  | — |  | — |  | — |  | — |  | 15.2 |
Repurchases of common stock |  | (0.6) |  | — |  | — |  | (68.0) |  | — |  | — |  | — |  | — |  | (68.0) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 0.6 |  | 0.6 |
De-consolidation of noncontrolling interest |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (0.6) |  | (0.6) |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | 580.3 |  | — |  | — |  | — |  | 580.3 |
Prior pension and post-retirement benefit service cost and actuarial loss |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Net earnings |  | — |  | — |  | — |  | 219.0 |  | — |  | — |  | — |  | — |  | 219.0 |
Balances as of June 28, 2025 |  | 69.5 |  | $0.7 |  | $1,978.1 |  | $7,476.1 |  | ($947.6) |  | (7.3) |  | ($215.2) |  | $5.5 |  | $8,297.6 |
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interest | Total Stockholders’ Equity
(In millions) | Shares | Amount | Shares | Amount
Balances as of December 31, 2023 |  | 71.0 |  | $0.7 |  | $1,947.5 |  | $6,970.2 |  | ($1,080.0) |  | (7.3) |  | ($215.4) |  | $6.1 |  | $7,629.1 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 0.2 |  | — |  | (6.1) |  | — |  | — |  | — |  | 0.1 |  | — |  | (6.0) |
Stock-based compensation expense |  | — |  | — |  | 13.6 |  | — |  | — |  | — |  | — |  | — |  | 13.6 |
Repurchases of common stock |  | (0.8) |  | — |  | — |  | (87.8) |  | — |  | — |  | — |  | — |  | (87.8) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 0.1 |  | 0.1 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (0.2) |  | (0.2) |
Purchase of noncontrolling interest, net of taxes |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Currency translation adjustment |  | — |  | — |  |  | — |  | (158.7) |  | — |  | — |  | — |  | (158.7) |
Prior pension and post-retirement benefit service cost and actuarial gain |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Net earnings |  | — |  | — |  | — |  | 262.4 |  | — |  | — |  | — |  | — |  | 262.4 |
Balances as of June 29, 2024 |  | 70.4 |  | $0.7 |  | $1,955.0 |  | $7,144.8 |  | ($1,238.7) |  | (7.3) |  | ($215.3) |  | $6.0 |  | $7,652.5 |

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