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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The change in the net carrying amount of goodwill was as follows:
(U.S. Dollars presented in millions)Total
Goodwill
Balance at December 26, 2021
$926.2 
2022 translation adjustments
(2.0)
Balance at December 25, 2022
$924.2 
2023 translation adjustments
0.9 
Balance at December 31, 2023
$925.1 
Schedule of Finite-Lived Intangible Assets
The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2023 and December 25, 2022 were as follows:
As of December 31, 2023
As of December 25, 2022
(U.S. Dollars presented in millions)Gross
Carrying
Amounts
Accumulated
Amortization
Net
Book
Value
Gross
Carrying
Amounts
Accumulated
Amortization
Net
Book
Value
Indefinite-lived tradenames$184.2 $— $184.2 $183.1 $— $183.1 
Amortizable intangible assets
Tradenames10.4 (10.4)— 10.3 (10.2)0.1 
Customer and contractual relationships 363.6 (212.3)151.3 362.9 (196.8)166.1 
Patents/proprietary technology11.0 (11.0)— 11.0 (10.5)0.5 
Total385.0 (233.7)151.3 384.2 (217.5)166.7 
Total identifiable intangibles$569.2 $(233.7)$335.5 $567.3 $(217.5)$349.8 
Schedule of Indefinite-Lived Intangible Assets
The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2023 and December 25, 2022 were as follows:
As of December 31, 2023
As of December 25, 2022
(U.S. Dollars presented in millions)Gross
Carrying
Amounts
Accumulated
Amortization
Net
Book
Value
Gross
Carrying
Amounts
Accumulated
Amortization
Net
Book
Value
Indefinite-lived tradenames$184.2 $— $184.2 $183.1 $— $183.1 
Amortizable intangible assets
Tradenames10.4 (10.4)— 10.3 (10.2)0.1 
Customer and contractual relationships 363.6 (212.3)151.3 362.9 (196.8)166.1 
Patents/proprietary technology11.0 (11.0)— 11.0 (10.5)0.5 
Total385.0 (233.7)151.3 384.2 (217.5)166.7 
Total identifiable intangibles$569.2 $(233.7)$335.5 $567.3 $(217.5)$349.8 
Schedule Of Finite Lived Assets, Fair Value Assumptions The significant assumptions used to estimate the fair values of the tradenames impaired during the year ended December 25, 2022 were as follows:
2022
Unobservable InputMinMax
Wtd
Avg(a)
Discount rate11.6 %12.6 %12.1 %
Royalty rate(b)
2.5 %3.0 %2.8 %
Long-term revenue growth rate(c)
1.0 %1.0 %1.0 %

a)Weighted by relative fair value of the impaired tradenames.
b)Represents estimated percentage of sales a market-participant would pay to license the impaired tradenames.
c)Selected long-term revenue growth rate within 10-year projection period of the impaired tradenames.