v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 29, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured on Recurring Basis
The following table sets forth information regarding the Company’s financial assets and financial liabilities, excluding retirement and postretirement plan assets, measured at fair value on a recurring basis:
DescriptionJune 29, 2025Assets measured
at NAV
Level 1Level 2Level 3
Hedge derivatives, net:
Commodity contracts$(258)$— $— $(258)$— 
Foreign exchange contracts1,171 — — 1,171 — 
Net investment hedge(218,240)— — (218,240)— 
Non-hedge derivatives, net:
Commodity contracts1,303 — — 1,303 — 
Foreign exchange contracts3,039 — — 3,039 — 
DescriptionDecember 31, 2024Assets measured
at NAV
Level 1Level 2Level 3
Hedge derivatives, net:
Commodity contracts$652 $— $— $652 $— 
Foreign exchange contracts(1,841)— — (1,841)— 
Net investment hedge11,919 — — 11,919 — 
Non-hedge derivatives, net:
Commodity contracts387 — — 387 — 
Foreign exchange contracts(3,081)— — (3,081)—