v3.25.2
Fair Value Measurement (Tables)
6 Months Ended
Jun. 29, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The fair values of the Company’s derivative financial instruments are presented below. All fair values for these derivatives were measured using Level 2 hierarchy information as defined by the accounting policies (in millions):
June 29, 2025December 29, 2024
Assets:
Foreign currency forward contracts$11.4 $1.0 
Cross-currency swaps6.9 — 
     Total assets recorded at fair value$18.3 $1.0 
Liabilities:
Foreign currency forward contracts
(1.7)(16.9)
Cross-currency swaps(42.5)— 
     Total liabilities recorded at fair value$(44.2)$(16.9)
           Net derivatives at fair value$(25.9)$(15.9)