v3.26.1
Leases
 6 Months Ended
Jun. 28, 2026
Leases [Abstract]  
Leases Leases
During the first six months of 2026, the Company entered into several significant new operating leases, primarily relating to office and warehousing facilities located within the United States, with initial lease terms ranging from approximately 10 to 12 years.
The following is a reconciliation of future undiscounted cash flows to the operating liabilities, and the related right-of-use assets, included in our Consolidated Balance Sheets as of June 28, 2026:
June 28, 2026
2026$21.9 
202746.8 
202845.5 
202933.3 
203030.5 
Thereafter261.7 
Total future lease payments (1)
439.7 
Less: imputed interest99.7 
Present value of future operating lease payments340.0 
Less: current portion of operating lease liabilities (2)
30.8 
Non-current operating lease liability (3)
$309.2 
Operating lease right-of-use assets, net (4)
301.6 
(1) Lease cash flow activity is displayed net within the Statements of Cash Flows, total gross Right of Use Assets and Lease Liabilities added during the six months ended were $221.8 million.
(2) Included in Accrued liabilities on the Consolidated Balance Sheets
(3) Included in Other liabilities on the Consolidated Balance Sheets
(4) Included in Property, plant and equipment on the Consolidated Balance Sheets