XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Dec. 30, 2023
Income Statement [Abstract]      
NET SALES [1] $ 4,463.2 $ 4,609.0 $ 4,626.2
Cost of products sold 2,473.8 2,542.7 2,714.8
Selling, general and administrative expenses 1,292.1 1,239.1 1,168.4
Amortization of intangible assets 75.2 73.1 62.1
Asset impairment charges 53.6 0.0 33.5
Restructuring charges 52.4 16.2 32.5
OPERATING INCOME 516.1 737.9 614.9
Interest expense 115.2 120.5 116.5
Other (income) expense, net (4.1) 11.9 (19.5)
Income before income taxes 405.0 605.5 517.9
Income taxes 106.2 133.6 112.4
Income from continuing operations, net of tax 298.8 471.9 405.5
(Loss) income from discontinued operations, net of tax 0.0 0.0 (1.0)
NET INCOME $ 298.8 $ 471.9 $ 404.5
BASIC EARNINGS PER COMMON SHARE      
Continuing operations $ 2.48 $ 3.78 $ 3.2
Discontinued operations 0 0 (0.01)
Basic earnings per share 2.48 3.78 3.19
DILUTED EARNINGS PER COMMON SHARE      
Continuing operations 2.47 3.75 3.17
Discontinued operations 0 0 0
Diluted earnings per share $ 2.47 $ 3.75 $ 3.17
Basic average shares outstanding [2] 120.7 124.8 126.9
Diluted average number of shares outstanding [2] 121.2 125.7 127.7
[1] Based on country of destination
[2] Reflects the impact of share repurchases during the years ended December 27, 2025, and December 28, 2024 and December 30, 2023, respectively.