Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 28, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts and Fair Values of Derivative Instruments

The notional amounts and fair values of derivative instruments in our Consolidated Balance Sheets are as follows:

	Notional Amounts(1)				Fair Value
	December 28, 2024		December 30, 2023		December 28, 2024		December 30, 2023
Derivatives not receiving hedge accounting treatment recorded in:
Other current assets:
Foreign exchange contracts	$	472,324	$	515,691	$	12,510	$	1,805
Interest rate cap	1,375,000		1,099,807		—		707
Other(2)	1,265		1,265		9,616		8,758
Other assets:
Interest rate cap	—		275,193		—		177
Accrued expenses and other:
Foreign exchange contracts	189,044		1,162,669		(780)		(11,416)
Total	$	2,037,633	$	3,054,625	$	21,346	$	31

(1)Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

(2)Related to a convertible note receivable derivative.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The amount recognized in earnings from our derivative instruments not receiving hedge accounting treatment, including ineffectiveness, is recorded in net foreign currency exchange (gain) loss as follows and is largely offset by the change in fair value of the underlying hedged assets or liabilities:

		Fiscal Year		Fiscal Year		Fiscal Year
	Location of (gain) loss in income	2024		2023		2022
Derivative instruments not qualifying as cash flow hedges:
Net loss (gain) recognized in earnings	Net foreign currency exchange loss	$	2,884	$	43,096	$	30,310
	Interest expense	884		5,211		—
Derivative instruments qualifying as hedging instruments:
Gain recognized in accumulated other comprehensive income		$	—	$	(1,188)	$	—
Gain reclassified from accumulated other comprehensive income to interest expense	Interest expense	(686)		(349)		—