v3.25.4

Fresh Start Accounting - Cumulative Impact of Reorganization Adjustments (Details) - USD ($) $ in Millions |  | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | ---
Sep. 29, 2025 | Dec. 28, 2025 | Sep. 29, 2025 | Dec. 29, 2024 | Dec. 29, 2024 | Jun. 29, 2025
Reorganization, Chapter 11 [Line Items] |  |  |  |  |  |
Write-off related to Predecessor directors’ and officers’ insurance policy | $ (3.6) | $ 0.0 | $ (3.6) | $ 0.0 | $ 0.0 |
Cancellation of unvested Predecessor stock compensation awards | (61.5) | 0.0 | (61.5) | $ 0.0 | $ 0.0 |
Less: Implied value of the obligation to issue Contingent Shares classified as equity | 19.2 |  | 19.2 |  |  |
Accumulated deficit | 0.0 | $ (150.6) | 0.0 |  |  | $ (4,537.6)
Reorganization Adjustments |  |  |  |  |  |
Reorganization, Chapter 11 [Line Items] |  |  |  |  |  |
Gain on settlement of liabilities subject to compromise | 3,751.8 |  |  |  |  |
Success fees | (33.9) |  |  |  |  |
Write-off related to Predecessor directors’ and officers’ insurance policy | (3.6) |  |  |  |  |
Cancellation of unvested Predecessor stock compensation awards | (61.5) |  |  |  |  |
Total fresh start adjustments impacting reorganization items, net | 3,652.8 |  | 3,652.8 |  |  |
Cancellation of Old Common Stock and additional paid-in capital (direct charge to equity) | 4,165.3 |  | 4,165.3 |  |  |
Less: Implied value of the obligation to issue Contingent Shares classified as equity | (19.2) |  | (19.2) |  |  |
Income tax effects on deferred income taxes | (2.5) |  | (2.5) |  |  |
Accumulated deficit | 7,767.6 |  | $ 7,767.6 |  |  |
Reorganization Adjustments | Additional Paid-in Capital |  |  |  |  |  |
Reorganization, Chapter 11 [Line Items] |  |  |  |  |  |
Issuance of New Common Stock and additional paid-in capital to existing equity holders (direct charge to equity) | $ (28.8) |  |  |  |  |

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