v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 28, 2026
Leases [Abstract]  
Schedule of Lease Cost The components of lease expense were as follows (in millions):
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Amortization of right of use assets - finance leases$2.1 $0.8 $4.0 $1.6 
Interest on lease liabilities - finance leases2.0 0.8 3.8 1.6 
Operating lease cost 4.2 3.5 8.0 7.1 
Short-term lease cost0.4 0.5 1.0 0.9 
Sublease income— — (0.1)(0.1)
Total lease cost
$8.7 $5.6 $16.7 $11.1 
Cash paid for amounts included in the measurement of lease liabilities was as follows (in millions):
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Finance lease - cash paid for interest$1.8 $0.8 $3.6 $1.6 
Finance lease - financing cash flows$1.1 $0.5 $2.0 $0.9 
Operating lease - operating cash flows (fixed payments)$4.2 $3.6 $8.2 $7.0 

Other supplemental noncash information (in millions):
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Operating lease liabilities arising from obtaining right-of-use assets$8.8 $2.1 $14.1 $8.9 
Finance lease liabilities arising from obtaining right-of-use assets$2.3 $— $42.3 $— 
June 28, 2026June 29, 2025
Weighted-average remaining lease term (in years):
Operating leases
5.484.42
Finance leases
14.6213.32
Weighted-average discount rate:
Operating leases
5.52 %5.18 %
Finance leases
6.12 %6.35 %
Schedule of Balance Sheet Information
The components of leases on the balance sheet were as follows (in millions):
June 28, 2026December 28, 2025
Operating leases:
Operating lease right-of-use assets
$50.6 $43.4 
Current portion of operating lease liabilities
$13.8 $12.8 
Operating lease liabilities, net of current portion
$39.9 $33.8 
Finance leases:
Property, plant and equipment, net
$118.2 $86.2 
Current portion of finance lease liabilities
$5.1 $3.4 
Finance lease liabilities, net of current portion
$134.8 $95.8 
Schedule of Maturities of Operating Lease Liabilities
The maturity of lease liabilities is as follows (in millions):
Operating LeasesFinance Leases
2026 (1)
$8.1 $6.4 
202715.2 13.6 
202812.4 13.9 
20297.8 14.1 
2030
4.6 13.7 
Thereafter15.2 151.1 
Total lease payments63.3 212.8 
Less: imputed interest(9.6)(72.9)
Total present value of lease liabilities$53.7 $139.9 
(1) Excludes the six months ended June 28, 2026.
Schedule of Maturities of Financing Lease Liabilities
The maturity of lease liabilities is as follows (in millions):
Operating LeasesFinance Leases
2026 (1)
$8.1 $6.4 
202715.2 13.6 
202812.4 13.9 
20297.8 14.1 
2030
4.6 13.7 
Thereafter15.2 151.1 
Total lease payments63.3 212.8 
Less: imputed interest(9.6)(72.9)
Total present value of lease liabilities$53.7 $139.9 
(1) Excludes the six months ended June 28, 2026.