v3.25.2
Financial Instruments and Risk Management (Tables)
6 Months Ended
Jun. 28, 2025
Investments, All Other Investments [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
The notional amounts of the Company’s derivative instruments are as follows:
(Dollars in millions)June 28,
2025
December 28,
2024
June 29,
2024
Foreign exchange hedge contracts$244.8 $263.5 $257.9 
Interest rate swap— 16.7 41.1 
Schedule of Derivative Assets at Fair Value [Table Text Block]
The recorded fair values of the Company’s derivative instruments are as follows:
(In millions)June 28,
2025
December 28,
2024
June 29,
2024
Financial assets:
Foreign exchange hedge contracts$— $9.1 $3.2 
Interest rate swap— 0.2 0.8 
Financial liabilities:
Foreign exchange hedge contracts$(13.0)$(0.7)$(1.0)