v3.25.2
BUSINESS REALIGNMENT ACTIVITIES (Tables)
 6 Months Ended
Jun. 29, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Business Realignment Activity
Costs associated with business realignment activities are classified in our Consolidated Statements of Income as follows:
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Cost of sales$— $8,099 $— $10,712 
Selling, marketing and administrative expense14,884 25,964 24,363 40,017 
Business realignment costs255 4,937 16,629 4,937 
Costs associated with business realignment activities$15,139 $39,000 $40,992 $55,666 
Costs recorded by program during the six months ended June 29, 2025 and June 30, 2024 related to these activities were as follows:
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Advancing Agility & Automation Initiative:
Severance and employee benefit costs$255 $4,937 $16,629 $4,937 
Other program costs14,884 34,063 24,363 50,729 
Total$15,139 $39,000 $40,992 $55,666 
The following table presents the liability activity for costs qualifying as exit and disposal costs for the six months ended June 29, 2025:
Total
Liability balance at December 31, 2024 (1)
$10,417 
2025 business realignment charges (2)
16,629 
Cash payments(9,683)
Liability balance at June 29, 2025 (1)
$17,363 
(1)The liability balances reflected above are reported within accrued liabilities and other long-term liabilities.
(2)The costs reflected in the liability roll-forward represent employee-related charges.