v3.26.3
BUSINESS REALIGNMENT ACTIVITIES (Tables)
9 Months Ended
Sep. 27, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Business Realignment Activity
Costs associated with business realignment activities are classified in our Consolidated Statements of Income as follows:
Three Months EndedNine Months Ended
September 27, 2026September 28, 2025September 27, 2026September 28, 2025
Cost of sales$283 $— $283 $— 
Selling, marketing and administrative expense12,480 8,366 28,086 32,729 
Business realignment costs505 2,211 6,618 18,840 
Costs associated with business realignment activities$13,268 $10,577 $34,987 $51,569 
Costs recorded by program during the three and nine months ended September 27, 2026 and September 28, 2025 related to these activities were as follows:
Three Months EndedNine Months Ended
September 27, 2026September 28, 2025September 27, 2026September 28, 2025
Advancing Agility & Automation Initiative:
Severance and employee benefit costs$505 $2,211 $6,618 $18,840 
Other program costs12,763 8,366 28,369 32,729 
Total$13,268 $10,577 $34,987 $51,569 
The following table presents the liability activity for costs qualifying as exit and disposal costs for the nine months ended September 27, 2026:
Total
Liability balance at December 31, 2025 (1)
$8,590 
2026 business realignment charges (2)
6,618 
Cash payments(4,332)
Liability balance at September 27, 2026 (1)
$10,876 
(1)The liability balances reflected above are reported within accrued liabilities and other long-term liabilities.
(2)The costs reflected in the liability roll-forward represent employee-related charges.