XML 70 R49.htm IDEA: XBRL DOCUMENT v3.25.3
Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 27, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of the Hedging Instruments The following table summarizes the fair value of the hedging instruments, presented on a gross basis, as of September 27, 2025 and December 28, 2024.
Condensed Consolidated
Balance Sheets
(in millions)Balance sheet classificationSeptember 27,
2025
December 28,
2024
Interest rate contracts, inclusive of accrued interest
Other non-current assets
$2.1 $6.8 
Interest rate contracts, inclusive of accrued interest
Other non-current liabilities
(1.2)(0.1)
Total$0.9 $6.7 
Schedule of Gains Reclassified From Accumulated Other Comprehensive (Loss) Income
The following table summarizes the gains reclassified from accumulated other comprehensive (loss) income to the condensed consolidated statements of operations for the three and nine months ended September 27, 2025 and September 28, 2024, respectively.
Cash flow hedgesCondensed Consolidated
Statement of Operations
Three Months Ended
Nine Months Ended
(in millions)
Location of gains
September 27,
2025
September 28,
2024
September 27,
2025
September 28,
2024
Interest rate contractsNon-operating gains$1.3 $3.8 $4.3 $12.2 
Total$1.3 $3.8 $4.3 $12.2 
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income
The following tables summarize the changes in accumulated other comprehensive (loss) income related to the hedging instruments for the three and nine months ended September 27, 2025 and September 28, 2024, respectively.
Three Months Ended
Nine Months Ended
(in millions)September 27,
2025
September 28,
2024
September 27,
2025
September 28,
2024
Beginning balance$1.1 $13.5 $6.0 $7.8 
Amount recognized in other comprehensive (loss) income0.7 (11.1)(1.2)3.0 
Amount reclassified into earnings(1.3)(3.8)(4.3)(12.2)
Ending balance$0.5 $(1.4)$0.5 $(1.4)