v3.26.1
BUSINESS REALIGNMENT ACTIVITIES (Tables)
6 Months Ended
Jun. 28, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Business Realignment Activity
Costs associated with business realignment activities are classified in our Consolidated Statements of Income as follows:
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Selling, marketing and administrative expense8,247 14,884 15,605 24,363 
Business realignment costs115 255 6,113 16,629 
Costs associated with business realignment activities$8,362 $15,139 $21,718 $40,992 
Costs recorded by program during the three and six months ended June 28, 2026 and June 29, 2025 related to these activities were as follows:
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Advancing Agility & Automation Initiative:
Severance and employee benefit costs$115 $255 $6,113 $16,629 
Other program costs8,247 14,884 15,605 24,363 
Total$8,362 $15,139 $21,718 $40,992 
The following table presents the liability activity for costs qualifying as exit and disposal costs for the six months ended June 28, 2026:
Total
Liability balance at December 31, 2025 (1)
$8,590 
2026 business realignment charges (2)
6,113 
Cash payments(2,429)
Liability balance at June 28, 2026 (1)
$12,274 
(1)The liability balances reflected above are reported within accrued liabilities and other long-term liabilities.
(2)The costs reflected in the liability roll-forward represent employee-related charges.