Fair Value Measurement - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - Level 2 - USD ($) $ in Millions |
Jun. 29, 2025 |
Dec. 29, 2024 |
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Derivatives, Fair Value [Line Items] | ||
Total assets recorded at fair value | $ 18.3 | $ 1.0 |
Total liabilities recorded at fair value | (44.2) | (16.9) |
Net derivatives at fair value | (25.9) | (15.9) |
Foreign currency forward contracts | ||
Derivatives, Fair Value [Line Items] | ||
Derivative asset, fair value | 11.4 | 1.0 |
Derivative liability, fair value | (1.7) | (16.9) |
Cross-currency swap agreements | ||
Derivatives, Fair Value [Line Items] | ||
Derivative asset, fair value | 6.9 | 0.0 |
Derivative liability, fair value | $ (42.5) | $ 0.0 |
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- Definition Fair value portion of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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/exampleRef
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- Definition Fair value of financial and nonfinancial obligations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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