Segment Reporting - Reconciliation of Segment Operating Profit to Income Before Income Taxes (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
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Jun. 29, 2025 |
Jun. 30, 2024 |
Jun. 29, 2025 |
Jun. 30, 2024 |
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Segment Reporting Information [Line Items] | ||||
Segment operating profit | $ 175,667 | $ 95,811 | $ 302,527 | $ 168,383 |
Restructuring/Asset impairment charges | (9,752) | (17,963) | (23,333) | (48,973) |
Amortization of acquisition intangibles | (44,193) | (17,479) | (86,154) | (35,373) |
(Loss)/Gain on divestiture of business | (2,083) | 4,478 | (6,266) | 4,478 |
Acquisition, integration and divestiture-related costs | (11,161) | (22,092) | (38,427) | (27,596) |
Changes in LIFO inventory reserves | (1,193) | 1,418 | (1,755) | 987 |
Derivative (losses)/gains | $ (2,154) | $ 3,485 | $ 795 | $ 3,771 |
Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag | Derivative (losses)/gains | Derivative (losses)/gains | Derivative (losses)/gains | Derivative (losses)/gains |
Other corporate costs | $ (7,755) | $ (12,634) | $ (18,853) | $ (23,722) |
Other operating charges, net | (735) | 2,019 | (1,994) | (1,304) |
Other operating charges, net | (6,559) | 5,867 | (13,076) | 5,867 |
Non-operating pension costs | (2,982) | (4,170) | (6,103) | (7,465) |
Interest expense | (64,367) | (28,674) | (120,394) | (58,838) |
Interest income | 4,122 | 3,059 | 11,470 | 6,192 |
Income from continuing operations before income taxes | 105,881 | 71,893 | 174,424 | 114,139 |
Operating Segments | ||||
Segment Reporting Information [Line Items] | ||||
Segment operating profit | 241,584 | 140,714 | 453,479 | 265,125 |
All Other | ||||
Segment Reporting Information [Line Items] | ||||
Segment operating profit | $ 13,109 | $ 13,865 | $ 25,035 | $ 30,990 |
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- Definition Acquisition, Integration And Divestiture Related Costs, SGA Expenses No definition available.
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- Definition Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag No definition available.
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- Definition Gain (Loss) on Disposition of Business and Other Assets No definition available.
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- Definition Other Corporate Costs No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The change in the inventory reserve representing the cumulative difference in cost between the first in, first out and the last in, first out inventory valuation methods, which change has been reflected in the statement of income during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (reversal of expense) for net periodic benefit cost components, excluding service cost component, of defined benefit plan. Amount includes, but is not limited to, interest cost, expected (return) loss on plan asset, amortization of prior service cost (credit), amortization of (gain) loss, amortization of transition (asset) obligation, settlement (gain) loss, curtailment (gain) loss and certain termination benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation. 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. No definition available.
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