v3.26.1
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Carrying Value of Goodwill
Changes in the carrying value of goodwill for the six months ended June 28, 2026 and June 29, 2025 were:
(In thousands)Gross GoodwillAccumulated Impairment LossesNet Goodwill
Balance as of December 31, 2025$3,630,952 $(1,559,272)$2,071,680 
Foreign currency translation6,672 — 6,672 
Balance as of June 28, 2026$3,637,624 $(1,559,272)$2,078,352 
Balance as of December 31, 2024$3,512,782 $(216,259)$3,296,523 
Mergers64,711 — 64,711 
Foreign currency translation37,856 — 37,856 
Balance as of June 29, 2025$3,615,349 $(216,259)$3,399,090 
Schedule of Other Intangible Assets
As of June 28, 2026, December 31, 2025, and June 29, 2025, other intangible assets consisted of the following:
(In thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Value
June 28, 2026
Trade names (1)
$683,618 $(506)$683,112 
License / franchise agreements708 (478)230 
Total other intangible assets$684,326 $(984)$683,342 
December 31, 2025
Trade names (1)
$722,702 $(444)$722,258 
License / franchise agreements709 (474)235 
Total other intangible assets$723,411 $(918)$722,493 
June 29, 2025
Trade names (1)
$898,487 $(370)$898,117 
License / franchise agreements1,150 (874)276 
Total other intangible assets$899,637 $(1,244)$898,393 
(1)    Trade name amortization represents amortization of the California's Great America trade name. The gross carrying amount of the California's Great America trade name totals $0.7 million and is being amortized through 2027, or through the sale-leaseback period for the land under California's Great America. Other trade names are indefinite-lived.