Financial Instruments and Risk Management (Tables)

3 Months Ended

Mar. 30, 2024

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	March 30, 2024		December 30, 2023		April 1, 2023
Foreign exchange hedge contracts	$	273.0	$	269.0	$	285.2
Interest rate swap	68.5		75.3		162.9

Schedule of Derivative Assets at Fair Value [Table Text Block]

The recorded fair values of the Company’s derivative instruments are as follows:

(In millions)	March 30, 2024		December 30, 2023		April 1, 2023
Financial assets:
Foreign exchange hedge contracts	$	1.9	$	—	$	4.4
Interest rate swap	1.4		1.8		4.5
Financial liabilities:
Foreign exchange hedge contracts	$	(1.1)	$	(5.1)	$	(2.5)