XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.1
Equity Security Investments Using the Measurement Alternative Method
3 Months Ended
Mar. 28, 2025
Investments, Debt and Equity Securities [Abstract]  
Equity Security Investments Using the Measurement Alternative Method EQUITY SECURITY INVESTMENTS USING THE MEASUREMENT ALTERNATIVE METHOD
The summary below represents the Company’s equity security investments using the measurement alternative method that do not have readily determinable fair values. The Company records these investments at cost, and they are remeasured to fair value upon observable price changes in orderly transactions for the identical or similar investment of the same issuer, or upon impairment. The Company records these investments as Other long-term assets in the Condensed Consolidated Balance Sheets and are summarized as follows ($ in millions):

March 28, 2025December 31, 2024
Equity security investments$27.1 $26.4 

The Company records net realized and unrealized gains (losses) for the above security investments in other income (expense), net, in the Condensed Consolidated Statements of Operations. For the three months ended March 28, 2025 and March 29, 2024, the Company did not record any realized or unrealized gains (losses).