v3.26.3
INTANGIBLE ASSETS, NET
9 Months Ended
Sep. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
Intangible assets, net, consisted of the following:
(in millions)
As of
September 27, 2026
As of December 28, 2025
Subject to amortization:
Distributor/customer relationships$647.7 $647.7 
Trademarks59.9 59.9 
Amortizable assets, gross707.6 707.6 
Accumulated amortization(215.0)(187.9)
Amortizable assets, net492.6 519.7 
Not subject to amortization:
Trade names428.7 428.7 
Route assets17.1 15.5 
Intangible assets, net$938.4 $963.9 
Amortization of distributor/customer relationships and trademarks amounted to $9.1 million for both the thirteen weeks ended September 27, 2026 and September 28, 2025, and $27.1 million for both the thirty-nine weeks ended September 27, 2026 and September 28, 2025. The expense related to the amortization of intangibles is included in Selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income (Loss).