Financial Instruments (Table)

6 Months Ended

Jun. 25, 2021

Financial Instruments Disclosures [Abstract]

Schedule of Derivative Instruments at Gross Fair Value

The following tables show the Company’s derivative instruments at gross fair value as of June 25, 2021and December 25, 2020.

		June 25, 2021
		Fair Value of		Fair Value of
		Derivatives		Derivatives Not
	Balance Sheet	Designated as		Designated as		Total
(In millions)	Location	Hedge Instruments		Hedge Instruments		Fair Value
Derivative liabilities:
Level 2:
Forward contracts	Prepaid expenses and other	$	0.1	$	—	$	0.1
		December 25, 2020
		Fair Value of		Fair Value of
		Derivatives		Derivatives Not
	Balance Sheet	Designated as		Designated as		Total
(In millions)	Location	Hedge Instruments		Hedge Instruments		Fair Value
Derivative assets
Level 2:
Forward contracts	Prepaid expenses and other	$	—	$	1.1	$	1.1

Schedule of The Effect of Derivative Instruments in Cash Flow Hedging Relationships on Income and Other Comprehensive Income (OCI)

The effect of derivative instruments in cash flow hedging relationships on income and other comprehensive income (OCI) is summarized below:

	Gains (Losses) Recognized in OCI on Derivatives Before Tax Effect (Effective Portion)
	Three Months Ended				Six Months Ended
	June 25,		June 26,		June 25,			June 26,
(In millions)	2021		2020		2021			2020
Derivatives in Cash Flow Hedging Relationship
Forward contracts	$	0.6	$	—	$	(0.1	)	$	—

Schedule of Amount of Gain or Loss Reclassified From Accumulated OCI into Income

The amount of gain or loss reclassified from accumulated OCI into income is not significant for the three and six months ended June 25, 2021 and for the three and six months ended June 26, 2020.

	Losses Recognized in Income on Derivatives
		Three Months Ended				Six Months Ended
		June 25,		June 26,		June 25,			June 26,
(In millions)	Income Statement Location	2021		2020		2021			2020
Derivatives Not Designated As Hedging Instruments
Forward contracts	Other income (expense), net	$	-	$	—	$	(11.6	)	$	—