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Comprehensive Income (Loss) and Equity (Tables)
 9 Months Ended
Sep. 28, 2024
Equity [Abstract]  
Schedule of Changes, Net of Tax, in Accumulated Other Comprehensive Loss
A summary of changes, net of tax, in accumulated other comprehensive loss for the three and nine months ended September 28, 2024, is shown below (in millions):
Three Months Ended September 28, 2024Nine Months Ended September 28, 2024
Defined benefit plans:
Balance at beginning of period$(106.7)$(107.3)
Reclassification adjustments (net of tax benefit of $0.1 million and $0.2 million in the three and nine months ended September 28, 2024, respectively)
— (0.4)
Other comprehensive income (loss) recognized during the period (net of tax benefit of $0.1 million in the nine months ended September 28, 2024)
(0.7)0.3 
Balance at end of period$(107.4)$(107.4)
Derivative instruments and hedging:
Balance at beginning of period$(7.5)$107.9 
Reclassification adjustments (net of tax benefit of $3.1 million and $20.4 million in the three and nine months ended September 28, 2024, respectively)
(8.9)(77.2)
Other comprehensive loss recognized during the period (net of tax benefit of $17.3 million and $29.4 million in the three and nine months ended September 28, 2024, respectively)
(63.9)(111.0)
Balance at end of period$(80.3)$(80.3)
Foreign currency translation:
Balance at beginning of period$(815.2)$(689.4)
Other comprehensive income recognized during the period (net of tax benefit of $1.0 million and $0.2 million in the three and nine months ended September 28, 2024, respectively)
141.3 15.5 
Balance at end of period$(673.9)$(673.9)
Total accumulated other comprehensive loss$(861.6)$(861.6)
A summary of changes, net of tax, in accumulated other comprehensive loss for the three and nine months ended September 30, 2023, is shown below (in millions):
Three Months Ended September 30, 2023Nine Months Ended September 30, 2023
Defined benefit plans:
Balance at beginning of period$(96.3)$(95.7)
Reclassification adjustments (net of tax expense of $0.1 million in the nine months ended September 30, 2023)
(0.2)(0.8)
Other comprehensive income recognized during the period
1.2 1.2 
Balance at end of period$(95.3)$(95.3)
Derivative instruments and hedging:
Balance at beginning of period$133.0 $33.4 
Reclassification adjustments (net of tax benefit of $11.1 million and $24.8 million in the three and nine months ended September 30, 2023, respectively)
(45.2)(98.8)
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $2.3 million and ($36.5) million in the three and nine months ended September 30, 2023, respectively)
(6.5)146.7 
Balance at end of period$81.3 $81.3 
Foreign currency translation:
Balance at beginning of period$(718.4)$(742.8)
Other comprehensive loss recognized during the period (net of tax expense of $0.7 million in the three months ended September 30, 2023)
(96.1)(71.7)
Balance at end of period$(814.5)$(814.5)
Total accumulated other comprehensive loss$(828.5)$(828.5)
Schedule of Common Stock Repurchase Program
Share repurchases in the first nine months of 2024 and the remaining repurchase authorization as of September 28, 2024, are shown below (in millions, except for share and per share amounts):
Nine Months Ended September 28, 2024As of September 28, 2024
Aggregate Repurchases (1)
Cash Paid for Repurchases (2)
Number of Shares
Average Price per Share (3)
Remaining Purchase Authorization
$299.2 $310.8 2,569,088 $116.48 $1,200.8 
(1)     Excludes excise tax
(2)     Includes $16.6 million of 2023 share repurchases paid for in the first quarter of 2024 and excludes $5.0 million of third quarter 2024 share repurchases to be paid for in the fourth quarter of 2024
(3)     Excludes commissions
Schedule of Dividends Declared and Paid
Dividends declared and paid are shown below (in millions):
Nine Months Ended
September 28,
2024		September 30,
2023
Dividends declared$133.5 $139.0 
Dividends paid131.9 137.3