XML 38 R32.htm IDEA: XBRL DOCUMENT
v3.25.3

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 27, 2025
Fair Value Disclosures [Abstract] |
Carrying Value and Fair Value of Debt | The carrying value and fair value of debt as of September 27, 2025 and December 28, 2024 were as follows:
(In millions) |  | September 27, 2025 |  |  | December 28, 2024 |
|  | Carrying Value |  |  | Fair Value |  |  | Carrying Value |  |  | Fair Value |
Notes, net of underwriting commissions, price discounts and debt issuance costs |  | $ | 2,175.5 |  |  | $ | 2,104.8 |  |  | $ | 2,673.3 |  |  | $ | 2,522.5 |
Commercial paper borrowings |  |  | 479.0 |  |  |  | 479.0 |  |  |  | - |  |  |  | - |
Total debt |  | $ | 2,654.5 |  |  | $ | 2,583.8 |  |  | $ | 2,673.3 |  |  | $ | 2,522.5 |
Assets and Liabilities Measured at Fair Value on Recurring Basis | Assets and liabilities measured at fair value on a recurring basis as of September 27, 2025 and December 28, 2024 were as follows:
(In millions) |  | Fair Value |
|  | September 27, 2025 |  |  | December 28, 2024 |
Assets |  |  |  |  |  |
Derivative financial instruments (Level 2) |  | $ | 1.7 |  |  | $ | 8.6 |
Liabilities |  |  |  |  |  |
Derivative financial instruments (Level 2) |  | $ | 0.7 |  |  | $ | 2.7 |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration