v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Ordinary Shares Issued
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2024   136.5    
Beginning balance at Dec. 31, 2024 $ 4,319.4 $ 6,733.9 $ (162.4) $ (2,252.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (6.4)     (6.4)
Other comprehensive income 92.0   92.0  
Restricted stock plan (in shares)   1.2    
Compensation for restricted stock 11.6 $ 11.6    
Cash dividends (40.6) $ (40.6)    
Shares withheld for payment of employees' withholding tax liability (in shares)   (0.5)    
Shares withheld for payment of employees' withholding tax liability (12.0) $ (12.0)    
Ending balance (in shares) at Mar. 29, 2025   137.2    
Ending balance at Mar. 29, 2025 4,364.0 $ 6,692.9 (70.4) (2,258.5)
Beginning balance (in shares) at Dec. 31, 2024   136.5    
Beginning balance at Dec. 31, 2024 4,319.4 $ 6,733.9 (162.4) (2,252.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (14.8)      
Other comprehensive income 237.4      
Ending balance (in shares) at Jun. 28, 2025   137.6    
Ending balance at Jun. 28, 2025 4,472.3 $ 6,664.2 75.0 (2,266.9)
Beginning balance (in shares) at Mar. 29, 2025   137.2    
Beginning balance at Mar. 29, 2025 4,364.0 $ 6,692.9 (70.4) (2,258.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (8.4)     (8.4)
Other comprehensive income 145.4   145.4  
Restricted stock plan (in shares)   0.6    
Compensation for restricted stock 16.8 $ 16.8    
Cash dividends (39.8) $ (39.8)    
Shares withheld for payment of employees' withholding tax liability (in shares)   (0.2)    
Shares withheld for payment of employees' withholding tax liability (5.7) $ (5.7)    
Ending balance (in shares) at Jun. 28, 2025   137.6    
Ending balance at Jun. 28, 2025 4,472.3 $ 6,664.2 75.0 (2,266.9)
Beginning balance (in shares) at Dec. 31, 2025   137.6    
Beginning balance at Dec. 31, 2025 2,935.5 $ 6,608.2 4.8 (3,677.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (398.6)     (398.6)
Other comprehensive income (7.8)   (7.8)  
Restricted stock plan (in shares)   0.8    
Compensation for restricted stock 14.4 $ 14.4    
Cash dividends (41.7) $ (41.7)    
Shares withheld for payment of employees' withholding tax liability (in shares)   (0.3)    
Shares withheld for payment of employees' withholding tax liability (2.8) $ (2.8)    
Ending balance (in shares) at Mar. 28, 2026   138.1    
Ending balance at Mar. 28, 2026 2,498.8 $ 6,578.1 (3.0) (4,076.3)
Beginning balance (in shares) at Dec. 31, 2025   137.6    
Beginning balance at Dec. 31, 2025 2,935.5 $ 6,608.2 4.8 (3,677.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (324.1)      
Other comprehensive income (27.6)      
Ending balance (in shares) at Jun. 27, 2026   138.7    
Ending balance at Jun. 27, 2026 2,515.8 $ 6,540.5 (22.8) (4,001.9)
Beginning balance (in shares) at Mar. 28, 2026   138.1    
Beginning balance at Mar. 28, 2026 2,498.8 $ 6,578.1 (3.0) (4,076.3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) 74.5     74.5
Other comprehensive income (19.8)   (19.8)  
Restricted stock plan (in shares)   1.0    
Compensation for restricted stock 6.8 $ 6.8    
Cash dividends (40.1) $ (40.1)    
Shares withheld for payment of employees' withholding tax liability (in shares)   (0.4)    
Shares withheld for payment of employees' withholding tax liability (4.2) $ (4.2)    
Ending balance (in shares) at Jun. 27, 2026   138.7    
Ending balance at Jun. 27, 2026 $ 2,515.8 $ 6,540.5 $ (22.8) $ (4,001.9)