v3.26.1
INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
Intangible assets, net, consisted of the following:
(in millions)
As of
March 29, 2026
As of December 28, 2025
Subject to amortization:  
Distributor/customer relationships$647.7 $647.7 
Trademarks59.9 59.9 
Amortizable assets, gross707.6 707.6 
Accumulated amortization(197.0)(187.9)
Amortizable assets, net510.6 519.7 
Not subject to amortization:
Trade names428.7 428.7 
Route assets
17.2 15.5 
Intangible assets, net$956.5 $963.9 
Amortization of distributor/customer relationships, technology and trademarks amounted to $9.0 million for both the thirteen weeks ended March 29, 2026 and March 30, 2025. The expense related to the amortization of intangibles is included in Selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income (Loss).