Debt Instrument, Covenant, Interest Coverage Ratio, Minimum

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- Definition

Debt Instrument, Covenant, Leverage Ratio, Maximum

+ References

No definition available.

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- Definition

Debt Instrument, Periodic Payment, Percent Of Initial Principal Amount Due

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).

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Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.

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Amount of cash outflow for short-term and long-term debt. Excludes payment of lease obligation.

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Borrowings - Narrative (Details) $ in Millions	12 Months Ended
Borrowings - Narrative (Details) $ in Millions	Dec. 29, 2024 USD ($)	Dec. 31, 2023 USD ($)	May 27, 2022 USD ($)
Debt Instrument [Line Items]
Debt issuance costs	$ 5.5	$ 8.0
Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Debt issuance costs			$ 15.4
Debt Instrument, Covenant, Interest Coverage Ratio, Minimum	3.00
Credit Agreement \| Line of Credit \| On or Before June 30, 2023
Debt Instrument [Line Items]
Debt Instrument, Covenant, Leverage Ratio, Maximum	4.50
Credit Agreement \| Line of Credit \| After June 30, 2023 to June 30, 2024
Debt Instrument [Line Items]
Debt Instrument, Covenant, Leverage Ratio, Maximum	4.00
Credit Agreement \| Line of Credit \| After June 30, 2024 to December 31, 2024
Debt Instrument [Line Items]
Debt Instrument, Covenant, Leverage Ratio, Maximum	4.25
Credit Agreement \| Line of Credit \| After December 31, 2024 to June 30, 2025
Debt Instrument [Line Items]
Debt Instrument, Covenant, Leverage Ratio, Maximum	4.00
Credit Agreement \| Line of Credit \| After June 30, 2025
Debt Instrument [Line Items]
Debt Instrument, Covenant, Leverage Ratio, Maximum	3.75
Term Loan \| Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 2,750.0
Long-term debt	2,282.7	2,420.2
Debt issuance costs			11.9
Repayments of Debt	$ 137.5
Term Loan \| Credit Agreement \| Line of Credit \| Debt Instrument, Payment, Period One
Debt Instrument [Line Items]
Debt instrument, periodic payment, percent of initial principal amount due (in percent)	0.01875
Term Loan \| Credit Agreement \| Line of Credit \| Debt Instrument, Payment, Period Two
Debt Instrument [Line Items]
Debt instrument, periodic payment, percent of initial principal amount due (in percent)	0.01250
Revolving Credit Facility \| Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 800.0
Long-term debt	198.0	$ 0.0
Line of Credit Facility, Remaining Borrowing Capacity	589.0
Debt issuance costs			$ 3.5
Letter of Credit \| Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Proceeds from Lines of Credit	$ 13.0