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Balance Sheet Information (Tables) | 9 Months Ended
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Sep. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplemental Information on Balance Sheets | Supplemental information on our balance sheets is as follows:
(In millions) |  | September 27, 2025 |  |  | December 28, 2024 |
Inventories: |  |  |  |  |  |
Raw materials and supplies |  | $ | 329.7 |  |  | $ | 329.2 |
Work in process |  |  | 58.7 |  |  |  | 56.8 |
Finished products |  |  | 652.7 |  |  |  | 574.3 |
Total inventories |  | $ | 1,041.1 |  |  | $ | 960.3 |
Property, plant and equipment, gross |  | $ | 1,752.6 |  |  | $ | 2,016.7 |
Less: accumulated depreciation |  |  | 937.1 |  |  |  | 1,017.5 |
Property, plant and equipment, net |  | $ | 815.5 |  |  | $ | 999.2 |
During the thirteen weeks ended September 27, 2025, we determined one of our assets, with a carrying value of $153.6 million as of December 28, 2024, met the criteria to be classified as held-for-sale and ceased recording depreciation. Management's decision to dispose of the asset was made as a result of the Company refocusing the business on areas with better growth and profitability potential, while utilizing additional capacity at existing manufacturing facilities. We concluded the carrying value of the asset exceeded its fair value, less estimated costs to sell, and recorded an impairment charge of $49.7 million on the consolidated statements of income within the Outdoors segment. The estimated fair value was determined using a combination of market and income approaches, which were based on valuation assumptions including certain Level 3 inputs. These assumptions included estimated sublease rental income, discount rates, market sales data and other market participant assumptions. The asset was reclassified from Property, plant and equipment, net to Assets held for sale in the Company's condensed consolidated balance sheets as of September 27, 2025.

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- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
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