NOTE 8. LEASES Supplemental information related to operating leases for each period is presented as follows ($ in millions): | | | | | | | | | | | | | As of | | | April 3, 2026 | | December 31, 2025 | Right-of-use (“ROU”) assets (a) | $ | 89.1 | | | $ | 96.1 | | Operating lease liabilities (b) | 93.0 | | | 100.6 | | | | | | (a) ROU assets are recorded in the Consolidated Condensed Balance Sheets within Other assets. | (b) Operating lease liabilities are recorded in the Consolidated Condensed Balance Sheets within Accrued expenses and other current liabilities, and Other long-term liabilities. |
| | | | | | | | | | | | | Three Months Ended | | | April 3, 2026 | | March 28, 2025 | Operating lease costs | $ | 8.7 | | | $ | 7.6 | | Cash paid for operating leases | 9.1 | | | 7.7 | | ROU assets obtained in exchange for operating lease obligations | 0.5 | | | 0.7 | |
For additional information about our leases, refer to Note 7 in our 2025 Annual Report on Form 10-K.
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