v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill, by Reporting Segment
Changes in the carrying amount of goodwill, by reporting segment, were as follows (in millions):
December 31, 2025ImpairmentsCurrency translation adjustmentsJune 27, 2026
Self Care
$1,113.9 $— $(13.6)$1,100.3 
Specialty Care
682.8 (77.4)(11.6)593.8 
Infant Formula 66.3 (66.3)— — 
All Other
187.2 (187.2)— — 
Total goodwill$2,050.1 $(330.8)$(25.3)$1,694.1 
Schedule of Intangible Assets and Related Accumulated Amortization
Intangible assets and related accumulated amortization consisted of the following(1) (in millions):
June 27, 2026December 31, 2025
GrossAccumulated
Amortization
GrossAccumulated
Amortization
Indefinite-lived intangibles:
Trademarks, trade names, and brands$3.5 $— $3.5 $— 
In-process research and development0.1 — 1.1 — 
Total indefinite-lived intangibles$3.5 $— $4.6 $— 
Definite-lived intangibles:
Distribution and license agreements and supply agreements$99.3 $64.1 $109.5 $70.1 
Developed product technology, formulations, and product rights345.4 251.0 351.9 247.9 
Customer relationships and distribution networks1,753.2 1,213.0 1,845.5 1,257.2 
Trademarks, trade names, and brands2,344.6 824.1 2,446.3 826.5 
Non-compete agreements— — 2.1 2.1 
Total definite-lived intangibles$4,542.5 $2,352.3 $4,755.3 $2,403.8 
Total intangible assets$4,546.0 $2,352.3 $4,759.9 $2,403.8 
(1) Certain intangible assets are denominated in currencies other than U.S. dollar; therefore, their gross and net carrying values are subject to foreign currency movements.