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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 28, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The following table summarizes the fair value of the hedging instruments, presented on a gross basis, as of December 28, 2024 and December 30, 2023.
Consolidated
Balance Sheets
(in millions)Balance Sheet ClassificationDecember 28,
2024
December 30,
2023
Interest rate contracts, inclusive of accrued interestOther non-current assets$6.8 $11.6 
Interest rate contracts, inclusive of accrued interest
Other non-current liabilities
(0.1)(3.6)
Total$6.7 $8.0 
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the gains reclassified from accumulated other comprehensive (loss) income to the consolidated financial statements for the years ended December 28, 2024, December 30, 2023 and December 31, 2022.
Consolidated
Statement of Operations
(in millions)
Location of Gain
December 28,
2024
December 30,
2023
December 31,
2022
Interest rate contracts
Non-operating gain
$14.7 $14.9 $0.7 
Total$14.7 $14.9 $0.7 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables summarize the changes in accumulated other comprehensive (loss) income related to the hedging instruments:
(in millions)December 28,
2024
December 30,
2023
December 31,
2022
Beginning balance$7.8 $19.3 $— 
Amount recognized in other comprehensive income12.9 3.4 20.0 
Amount reclassified into earnings(14.7)(14.9)(0.7)
Ending balance$6.0 $7.8 $19.3