v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Apr. 03, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured At Fair Value on Recurring Basis
Below is a summary of financial assets and liabilities that are measured at fair value on a recurring basis ($ in millions):
Quoted Prices
in Active
Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
April 3, 2026
Treasury rate lock assets
$— $3.5 $— $3.5 
Deferred compensation liabilities— 35.2 — 35.2 
December 31, 2025
Deferred compensation liabilities— 39.1 — 39.1 
Schedule of Carrying Amount and Fair Value of Financial Instruments
The carrying amount and fair value of financial instruments are as follows ($ in millions):
April 3, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Current portion of long-term debt$899.8 $897.9 $899.5 $895.7 
Long-term debt, net of current maturities
2,589.3 2,493.8 2,306.5 2,239.2