STOCK COMPENSATION PLANS (Tables)

9 Months Ended

Sep. 27, 2026

Share-Based Payment Arrangement [Abstract]

For the periods presented, compensation expense for all types of stock-based compensation programs and the related income tax benefit recognized were as follows:


	Three Months Ended				Nine Months Ended
	September 27, 2026		September 28, 2025		September 27, 2026		September 28, 2025
Pre-tax compensation expense	$	18,298	$	15,451	$	53,145	$	46,453
Related income tax benefit	4,465		3,294		12,967		15,478

Schedule of Activity Relating to the Grants of Stock Options

A summary of activity relating to grants of stock options for the period ended September 27, 2026 is as follows:


Stock Options	Shares	Weighted-Average Exercise Price (per share)	Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at beginning of year	368,560	$110.30	2.2 years
Granted	545	$208.99
Exercised	(175,588)	$101.42
Forfeited	(708)	$229.75
Expired	(2,836)	$165.00
Outstanding as of September 27, 2026	189,973	$117.53	1.9 years	$	9,747
Options exercisable as of September 27, 2026	185,623	$116.09	1.7 years	$	9,741

Schedule of Fair Value Estimated on the Grant Date and the Weighted Average Assumptions

The fair value was estimated on the date of grant using a Black-Scholes option-pricing model and the following weighted-average assumptions:


	Nine Months Ended
	September 27, 2026		September 28, 2025
Dividend yields	3.0	%	3.0	%
Expected volatility	24.4	%	22.3	%
Risk-free interest rates	4.1	%	4.2	%
Expected term in years	6.2		6.3

Schedule of Activity Relating to Grants of PSUs and RSUs

A summary of activity relating to grants of PSUs and RSUs for the period ended September 27, 2026 is as follows:


Performance Stock Units and Restricted Stock Units	Number of units	Weighted-average grant date fair value for equity awards (per unit)
Outstanding at beginning of year	1,038,893	$192.65
Granted	360,004	$228.51
Performance assumption change (1)	(54,873)	$195.07
Vested	(275,665)	$216.84
Forfeited	(105,890)	$186.53
Outstanding as of September 27, 2026	962,469	$199.69

(1)Reflects the net number of PSUs above and below target levels based on the performance metrics.

Schedule of Information Pertaining to Fair Value of PSUs and RSUs Granted for Potential Future Distribution

The following table sets forth information about the fair value of the PSUs and RSUs granted for potential future distribution to employees and non-employee directors. In addition, the table provides weighted average assumptions used to determine the fair value of the market-based total shareholder return component using the Monte Carlo simulation model on the date of grant.


	Nine Months Ended
	September 27, 2026			September 28, 2025
Units granted	360,004			643,726
Weighted-average fair value at date of grant	$	228.51		$	168.32
Monte Carlo simulation assumptions:
Estimated values	$	128.04		$	110.81
Dividend yields	2.5		%	3.2		%
Expected volatility	24.6		%	22.2		%