Fair Value Measurements (Tables)

9 Months Ended

Oct. 02, 2026

The fair value of the contingent consideration was as follows (in millions):


	As of
	October 2, 2026		December 31, 2025
Contingent consideration included in:
Accrued expenses and other current liabilities	$	41.7	$	48.3
Other long-term liabilities	64.5		61.6
Total	$	106.2	$	109.9

The carrying amounts and fair values of the Company's long-term borrowings were as follows (in millions):


	As of
	October 2, 2026				December 31, 2025
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt, including current portion (1)
0.50% Notes	$	1,487.2	$	1,659.0	$	1,483.5	$	1,424.2
2031 0% Notes	1,475.3		1,354.5		—		—
0% Notes	802.8		1,286.8		800.4		965.0
3.875% Notes	697.7		675.1		696.6		684.2

(1) Carrying amounts shown are net of unamortized debt discount, if applicable, and unamortized debt issuance costs.