v3.26.1
Financial instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Exchange Gains and Losses Recognized Within AOCI and the Interest Benefit Recognized Within Interest Expense The following table summarizes the foreign exchange gains and losses recognized within AOCI and the interest benefit recognized within interest expense related to cross-currency swaps for the three and six months ended June 30, 2026 and June 29, 2025:
Three Months EndedSix Months Ended
June 30, 2026June 29, 2025June 30, 2026June 29, 2025
Foreign exchange gain (loss)
$(3,392)$(61,063)$9,346 $(83,563)
Interest benefit7,117 3,245 15,422 7,484 
Schedule of Fair Values of Derivative Instruments Designated as Hedging Instruments
The following table presents the locations in the condensed consolidated balance sheet and fair value of derivative instruments as of June 30, 2026 and December 31, 2025:
June 30, 2026December 31, 2025
Asset derivatives:
Designated foreign currency forward contracts$2,460 $3,563 
Non-designated foreign currency forward contracts163 279 
Cross-currency interest rate swaps23,781 26,260 
Prepaid expenses and other current assets26,404 30,102 
Cross-currency interest rate swaps2,922 1,777 
Other assets2,922 1,777 
Total asset derivatives$29,326 $31,879 
Liability derivatives:
Designated foreign currency forward contracts$2,110 $1,170 
Non-designated foreign currency forward contracts813 624 
Cross-currency interest rate swaps15,553 56,321 
Other current liabilities18,476 58,115 
Cross-currency interest rate swaps48,478 76,139 
Other liabilities48,478 76,139 
Total liability derivatives$66,954 $134,254