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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 25, 2026
Sep. 26, 2025
Operating activities:    
Net income $ 50.9 $ 61.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 56.5 55.2
Amortization of debt issuance costs 0.4 0.4
Share-based compensation expense 7.9 7.3
Asset impairments 34.8 54.6
Change in uncertain tax positions 5.2 (0.8)
Gain on disposal of property, plant and equipment, net (4.3) (5.9)
Income from equity method investments (10.9) (10.9)
Deferred income taxes (3.7) (2.4)
Other, net (0.6) (2.0)
Changes in operating assets and liabilities    
Receivables (36.8) 38.6
Inventories (101.1) 32.0
Prepaid expenses and other current assets (10.2) (5.6)
Accounts payable and accrued expenses 66.4 17.6
Other assets and liabilities (1.4) (5.1)
Net cash provided by operating activities 53.1 234.2
Investing activities:    
Capital expenditures (69.2) (35.7)
Proceeds from sales of property, plant and equipment 23.9 11.8
Acquisition of select assets of Del Monte Foods, net of cash acquired (307.7) 0.0
Distributions received from unconsolidated companies 29.6 1.1
Investments in and advances to unconsolidated companies (7.0) (11.7)
Other investing activities 0.0 0.1
Net cash used in investing activities (330.4) (34.4)
Financing activities:    
Proceeds from debt 721.4 309.8
Payments on debt (411.9) (380.9)
Distributions to noncontrolling interests (0.4) (4.2)
Share-based awards settled in cash for taxes (1.8) (0.9)
Dividends paid (42.5) (43.1)
Repurchase and retirement of ordinary shares (20.1) (14.8)
Other financing activities (4.1) (1.2)
Net cash provided by (used in) financing activities 240.6 (135.3)
Effect of exchange rate changes on cash (2.9) 0.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (39.6) 64.6
Cash, cash equivalents and restricted cash, beginning 64.2 32.6
Cash, cash equivalents and restricted cash, ending 24.6 97.2
Supplemental cash flow information:    
Cash paid for interest 13.9 11.2
Cash paid for income taxes 17.5 12.4
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 0.2 0.0
Non-cash financing and investing activities:    
Right-of-use assets obtained in exchange for new operating lease obligations 20.0 34.2
Noncash or Part Noncash Acquisitions [Table] 1.1 0.0
Dividends on restricted stock units 0.6 0.4
Fair value of net assets acquired in non-cash acquisition $ 0.0 $ 0.8