FINANCIAL INSTRUMENTS - Schedule of Pre-Tax Effect of Cash Flow Hedge Accounting on Consolidated Statements of Operations and Comprehensive Income (Loss) (Details) - USD ($) $ in Millions |
3 Months Ended | |
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Mar. 29, 2025 |
Mar. 30, 2024 |
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Derivative [Line Items] | ||
Cost of sales | $ 2,623.8 | $ 2,761.0 |
Interest expense | 126.4 | 131.5 |
Foreign Exchange Contracts | Cost of Sales | ||
Derivative [Line Items] | ||
Hedged Items | (3.6) | (1.7) |
Gain (loss) reclassified from OCI into Income | 3.6 | 1.7 |
Foreign Exchange Contracts | Interest Expense | ||
Derivative [Line Items] | ||
Hedged Items | 0.0 | 0.0 |
Gain (loss) reclassified from OCI into Income | 0.0 | 0.0 |
Interest Rate Swap Agreements: | Cost of Sales | ||
Derivative [Line Items] | ||
Gain (loss) reclassified from OCI into Income | 0.0 | 0.0 |
Interest Rate Swap Agreements: | Interest Expense | ||
Derivative [Line Items] | ||
Gain (loss) reclassified from OCI into Income | $ (1.7) | $ (1.5) |
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- Definition Derivative, Hedged Item, Gain (Loss) Effect on Income Statement No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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