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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
Income Statement [Abstract]      
NET SALES $ 2,726.2 $ 3,275.5 $ 2,855.3
Cost of products sold 1,824.8 2,335.0 2,071.4
GROSS PROFIT 901.4 940.5 783.9
Selling, general and administrative expenses 569.7 648.5 527.6
Amortization of intangible assets 15.3 17.2 17.8
Asset impairment charges 0.0 46.4 0.0
Restructuring charges 10.1 25.1 4.2
OPERATING INCOME 306.3 203.3 234.3
Related party interest income, net 0.0 (12.9) (4.6)
Interest expense 65.2 2.2 0.0
Other expense, net 2.4 0.6 0.6
INCOME BEFORE TAXES 238.7 213.4 238.3
Income tax expense 56.7 58.0 55.7
NET INCOME $ 182.0 $ 155.4 $ 182.6
Average Number of Shares of Common Stock Outstanding      
Basic (in shares) 127.8 128.0 128.0
Diluted (in shares) 129.9 129.1 128.0
Earnings Per Common Share      
Basic (in dollars per share) $ 1.42 $ 1.21 $ 1.43
Diluted (in dollars per share) $ 1.40 $ 1.20 $ 1.43