v3.26.1
Income Taxes
 6 Months Ended
Jul. 04, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Corporation’s tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items. The following table summarizes the Corporation’s income tax provision:
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
Income before income taxes$71.2 $62.0 $15.5 $80.9 
Income taxes$20.1 $13.8 $3.2 $18.8 
Effective tax rate28.2 %22.2 %20.9 %23.2 %

The Corporation’s effective tax rate for the three months ended July 4, 2026 was higher than the rate for the corresponding prior-year period, primarily due to the impact of non-deductible executive compensation, unfavorable equity-based compensation adjustments, and the settlement of certain foreign-related tax positions.

The Corporation's effective tax rate for the six months ended July 4, 2026 was lower than the corresponding prior-year period, primarily due to favorable equity-based compensation adjustments