v3.26.1
Financial Instruments (Tables)
6 Months Ended
Jul. 03, 2026
Investments, All Other Investments [Abstract]  
Schedule of Derivative Instruments
The following summarizes the notional amounts and related fair values of the Company’s foreign currency derivative instruments in U.S. Dollars (in millions):
Notional or contractual amountFair Value of
Assets (1)
Liabilities (2)
As of July 3, 2026
Derivative instruments with hedge accounting designation:
Cash flow hedges$470.3 $1.4 $13.7 
Derivative instruments without hedge accounting designation:
Currency derivatives 147.6 0.6 0.4 
$2.0 $14.1 
As of December 31, 2025
Derivative instruments with hedge accounting designation:
Cash flow hedges$386.7 $0.3 $— 
Derivative instruments without hedge accounting designation:
Currency derivatives190.5 0.1 — 
$0.4 $— 
(1)Included in Other current assets.
(2)Included in Accrued expenses and other current liabilities.