XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.25.4

Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
--- | ---
Dec. 27, 2025
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | 11. Accumulated Other Comprehensive Income (Loss) The reclassifications out of accumulated other comprehensive income (loss) for the years ended December 27, 2025 and December 28, 2024 were as follows:
(In millions) |  |  |  |  |  |  |  |
Details about Accumulated Other Comprehensive Income (Loss) Components |  |  |  |  |  |  |  | Affected Line Item in the Consolidated Statements of Income
|  | 2025 |  |  | 2024 |  |  |
Gains (losses) on cash flow hedges |  |  |  |  |  |  |  |
Foreign exchange contracts |  | $ | 1.3 |  |  | $ | (0.4 | ) |  | Cost of products sold
Interest rate contracts |  |  | 12.6 |  |  |  | 12.6 |  |  | Interest expense
Total before tax |  |  | 13.9 |  |  |  | 12.2 |  |  |
Tax expense |  |  | (3.2 | ) |  |  | (2.2 | ) |  |
Net of tax |  | $ | 10.7 |  |  | $ | 10.0 |  |  |
Defined benefit plan items (a) |  |  |  |  |  |  |  |
Recognition of actuarial (losses) gains |  | $ | — |  |  | $ | (18.3 | ) |  | Other (income) expense, net
Tax benefit |  |  | — |  |  |  | 6.2 |  |  |
Net of tax |  | $ | — |  |  | $ | (12.1 | ) |  |
Total reclassifications for the period, net of tax |  | $ | 10.7 |  |  | $ | (2.1 | ) |  |
(a) These accumulated other comprehensive (loss) income components are included in the computation of net periodic benefit cost. Refer to Note 14, “Defined Benefit Plans,” for additional information. Total accumulated other comprehensive income (loss) consists of net income and other changes in business equity from transactions and other events from sources other than stockholders. It includes currency translation gains and losses, unrealized gains and losses from derivative instruments designated as cash flow hedges, and defined benefit plan adjustments. The after-tax components of and changes in accumulated other comprehensive (loss) income were as follows:
(In millions) | Foreign Currency Adjustments |  | Derivative Hedging Gain (Loss) |  | Defined Benefit Plan Adjustments |  | Accumulated Other Comprehensive (Loss) Income |
Balance at December 31, 2022 | $ | (12.1 | ) | $ | 93.5 |  | $ | (44.0 | ) | $ | 37.4 |
Amounts classified into accumulated other comprehensive (loss) income |  | 17.4 |  |  | 3.7 |  |  | 15.8 |  |  | 36.9 |
Other |  | — |  |  | — |  |  | 6.2 |  |  | 6.2 |
Amounts reclassified into earnings |  | — |  |  | (11.2 | ) |  | (6.0 | ) |  | (17.2 | )
Net current period other comprehensive (loss) income |  | 17.4 |  |  | (7.5 | ) |  | 16.0 |  |  | 25.9 |
Balance at December 30, 2023 | $ | 5.3 |  | $ | 86.0 |  | $ | (28.0 | ) | $ | 63.3 |
Amounts classified into accumulated other comprehensive (loss) income |  | (30.9 | ) |  | 2.1 |  |  | 5.8 |  |  | (23.0 | )
Amounts reclassified into earnings |  | — |  |  | (10.0 | ) |  | 12.1 |  |  | 2.1 |
Net current period other comprehensive (loss) income |  | (30.9 | ) |  | (7.9 | ) |  | 17.9 |  |  | (20.9 | )
Balance at December 28, 2024 | $ | (25.6 | ) | $ | 78.1 |  | $ | (10.1 | ) | $ | 42.4 |
Amounts classified into accumulated other comprehensive (loss) income |  | 32.4 |  |  | 0.2 |  |  | (0.1 | ) |  | 32.5 |
Amounts reclassified into earnings |  | — |  |  | (10.7 | ) |  | — |  |  | (10.7 | )
Net current period other comprehensive (loss) income |  | 32.4 |  |  | (10.5 | ) |  | (0.1 | ) |  | 21.8 |
Balance at December 27, 2025 | $ | 6.8 |  | $ | 67.6 |  | $ | (10.2 | ) | $ | 64.2 |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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