
	Level 1				Level 2
	June 27, 2026		June 28, 2025		June 27, 2026		June 28, 2025
	(millions)
Assets:
Cash equivalents(1)	$	106.8	$	225.9	$	—	$	—
Short-term investments:

Commercial paper(2)	—		—		66.2		—
Government securities - U.S.(2)	18.2		—		—		—
Corporate debt securities - U.S.(2)	—		—		65.0		—

Other	—		—		27.9		19.6
Long-term investments:




Other	—		—		—		1.4
Derivative Assets:
Inventory-related instruments(3)	—		—		31.1		6.5
Net investment hedges(3)	—		—		71.1		15.6
Intercompany loans and payables(3)	—		—		0.1		0.3
Interest rate hedge instruments(3)	—		—		1.4		—

Liabilities:

Derivative liabilities:
Inventory-related instruments(3)	$	—	$	—	$	8.9	$	7.9
Net investment hedges(3)	—		—		221.1		263.0
Intercompany loans and payables(3)	—		—		2.4		0.1
Interest rate hedge instruments(3)	—		—		3.1		—

(1)Cash equivalents generally consists of money market funds and time deposits with maturities of three months or less at the date of purchase. Due to their short-term maturity, management believes that their carrying value approximates fair value.

(2)Short-term investments are recorded at fair value, which approximates their carrying value, and are primarily based upon quoted vendor or broker priced securities in active markets.

(3)The fair value of these derivative instruments is primarily based on the forward curves of the specific indices upon which settlement is based and includes an adjustment for the counterparty’s or Company’s credit risk.