Net Investment Hedge |
6 Months Ended |
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Jun. 28, 2026 | |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
| Net Investment Hedge | Net Investment Hedge All of our euro denominated notes were issued by Belden Inc., a USD functional currency entity. As of June 28, 2026, €567.8 million of our outstanding foreign denominated debt is designated as a net investment hedge on the foreign currency risk of our net investment in our euro foreign operations. The objective of the hedge is to protect the net investment in the foreign operation against adverse changes in the euro exchange rate. The transaction gain or loss is reported in the translation adjustment section of other comprehensive income. For the three and six months ended June 28, 2026, the transaction gain, net of tax, associated with the net investment hedge reported in other comprehensive income was $10.0 million and $17.4 million, respectively. For the three and six months ended June 29, 2025, the transaction loss, net of tax, associated with the net investment hedge reported in other comprehensive income was $48.1 million and $73.0 million, respectively.
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- References No definition available.
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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