v3.26.1
EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 27, 2026
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
During the fourth quarter of 2023, we initiated the wind-up of our Canadian defined benefit pension plans (collectively, the “Canadian Pension Plans”). We received regulatory approval for the wind-up which was completed during the first quarter of 2025. This transaction resulted in a settlement loss of $0.3 recorded in net periodic pension benefit expense during the six months ended June 28, 2025. In addition, and in connection with this wind-up, we remeasured the assets and liabilities of the Canadian Pension Plans, which resulted in a loss of $0.5 recorded in net periodic pension benefit expense for the six months ended June 28, 2025.

Net periodic benefit (income) expense for our pension and postretirement plans include the following components:

Domestic Pension Plans
Three months endedSix months ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Service cost$— $— $— $— 
Interest cost2.7 3.0 5.4 6.0 
Expected return on plan assets(1.6)(2.0)(3.2)(4.0)
Net periodic pension benefit expense$1.1 $1.0 $2.2 $2.0 


Foreign Pension Plans
Three months endedSix months ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Service cost$— $— $— $— 
Interest cost1.1 1.0 2.3 2.0 
Expected return on plan assets(1.0)(0.9)(2.0)(1.8)
Settlement loss (1)
— — — 0.3 
Recognized net actuarial loss (1)
— — — 0.5 
Net periodic pension benefit expense$0.1 $0.1 $0.3 $1.0 
__________________________
(1)Relates to the wind-up of the Canadian Pension Plans referred to previously.

Postretirement Plans
Three months endedSix months ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Service cost$— $— $— $— 
Interest cost0.2 0.3 0.4 0.6 
Amortization of unrecognized prior service credits(0.2)(0.8)(0.4)(1.6)
Net periodic postretirement benefit income$— $(0.5)$— $(1.0)