GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 29, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill, by reportable segment, were as follows (in millions):

	December 31, 2024		Impairments		Currency translation adjustments		March 29, 2025
CSCA(1)	$	2,076.1	$	—	$	3.4	$	2,079.5
CSCI(2)	1,244.1		(1.2)		52.8		1,295.7
Total goodwill	$	3,320.2	$	(1.2)	$	56.2	$	3,375.2

(1) We had accumulated goodwill impairments of $6.1 million as of March 29, 2025 and December 31, 2024.

(2) We had accumulated goodwill impairments of $969.6 million and $968.4 million as of March 29, 2025 and December 31, 2024, respectively.

Schedule of Finite and Indefinite-lived Intangible Assets

Intangible assets and related accumulated amortization consisted of the following(1) (in millions):

	March 29, 2025				December 31, 2024
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Indefinite-lived intangibles:
Trademarks, trade names, and brands	$	3.4	$	—	$	3.3	$	—
In-process research and development	1.9		—		1.9		—
Total indefinite-lived intangibles	$	5.3	$	—	$	5.2	$	—
Definite-lived intangibles:
Distribution and license agreements and supply agreements	$	104.7	$	62.2	$	101.9	$	59.5
Developed product technology, formulations, and product rights	345.0		232.6		341.5		227.2
Customer relationships and distribution networks	1,802.9		1,167.4		1,750.6		1,112.3
Trademarks, trade names, and brands	2,396.0		729.7		2,301.5		672.8
Non-compete agreements	2.1		2.1		2.1		2.1
Total definite-lived intangibles	$	4,650.7	$	2,194.0	$	4,497.6	$	2,073.9
Total intangible assets	$	4,656.0	$	2,194.0	$	4,502.8	$	2,073.9

(1) Certain intangible assets are denominated in currencies other than U.S. dollar; therefore, their gross and net carrying values are subject to foreign currency movements.