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Leases (Tables)

6 Months Ended

Jun. 28, 2026

Leases [Abstract]

Schedule of Lease Costs

The components of lease expense were as follows (in millions):

												Three Months Ended												Six Months Ended
Lease Cost						Classification						June 28, 2026						June 29, 2025						June 28, 2026						June 29, 2025
Finance lease cost:
Amortization of right-of-use assets						Cost of goods sold						$	0.3					$	0.1					$	0.5					$	0.3
Amortization of right-of-use assets						Selling, general and administrative expenses						9.1						8.6						17.9						16.7
Interest on lease liabilities						Interest and other non-operating expenses, net						2.3						2.4						4.5						4.6
Operating lease cost						Cost of goods sold						3.3						2.1						6.2						4.1
Operating lease cost						Selling, general and administrative expenses						28.5						27.0						56.2						52.1
Short-term lease cost						Cost of goods sold						0.3						0.2						0.6						0.3
Short-term lease cost						Selling, general and administrative expenses						1.2						0.7						2.4						2.0
Variable lease cost						Selling, general and administrative expenses						0.3						0.3						0.6						0.8
Sublease income						Selling, general and administrative expenses						(0.4)						(0.3)						(0.7)						(0.5)
Total lease cost												$	44.9					$	41.1					$	88.2					$	80.4

Supplemental cash flow information related to leases was as follows (in millions):

									Six Months Ended
Other Information															June 28, 2026						June 29, 2025
Cash paid for amounts included in the measurements of lease liabilities:
Operating cash flows from finance leases															$	4.5					$	4.6
Operating cash flows from operating leases															$	62.5					$	58.2
Financing cash flows from finance leases															$	17.5					$	15.8
Right-of-use assets obtained in exchange for new lease liabilities:
Finance leases															$	20.7					$	26.1
Operating leases															$	67.8					$	44.1

The weighted-average lease terms and discount rates were as follows:

Lease Term and Discount Rate

June 28, 2026

June 29, 2025

Weighted-average remaining lease term:

Finance leases

4.1 years

4.5 years

Operating leases

5.7 years

5.9 years

Weighted-average discount rate:

Finance leases

6.8

%

6.7

%

Operating leases

5.6

%

5.5

%

Schedule of Future Lease Payments for Operating Leases

The aggregate future lease payments for operating and finance leases as of June 28, 2026 were as follows (in millions):

Maturity of Lease Liabilities						Operating Leases						Finance Leases
Fiscal year:
2026 (remainder)						$	54.0					$	21.9
2027						118.5						41.4
2028						101.9						37.5
2029						83.5						29.4
2030						63.8						17.9
2031						46.4						7.1
Thereafter						101.4						1.2
Total lease payments						569.5						156.4
Less: interest						84.4						19.1
Present value of lease liabilities						$	485.1					$	137.3

Schedule of Future Lease Payments for Finance Leases

The aggregate future lease payments for operating and finance leases as of June 28, 2026 were as follows (in millions):

Maturity of Lease Liabilities						Operating Leases						Finance Leases
Fiscal year:
2026 (remainder)						$	54.0					$	21.9
2027						118.5						41.4
2028						101.9						37.5
2029						83.5						29.4
2030						63.8						17.9
2031						46.4						7.1
Thereafter						101.4						1.2
Total lease payments						569.5						156.4
Less: interest						84.4						19.1
Present value of lease liabilities						$	485.1					$	137.3

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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