DEBT Debt (Tables)

9 Months Ended

Sep. 27, 2025

Debt Disclosure [Abstract]

Schedule of Debt Table

The following table summarizes our outstanding debt obligations.

As of the Period Ended	September 27, 2025		December 31, 2024
Commercial paper	$	414.6	$	424.5
Current maturities of long-term debt	2.8		2.6
Short-term loans	0.6		0.5
Total short-term borrowings	418.0		427.6
Non-current maturities of long-term debt	577.7		232.6
Total debt	$	995.7	$	660.2

Schedule of Short-Term Debt

Commercial Paper

The following table presents our outstanding commercial paper borrowings and associated weighted average interest rates as of September 27, 2025 and December 31, 2024.

As of the Period Ended	September 27, 2025			December 31, 2024
Commercial Paper Outstanding - U.S. Program	$	—		$	424.5
Commercial Paper Outstanding - Euro Program	414.6			—
Total Commercial Paper Outstanding	$	414.6		$	424.5
Weighted Average Interest Rate - U.S. Program	—		%	4.80		%
Weighted Average Interest Rate - Euro Program	2.42%			N/A

Outstanding commercial paper for both periods had maturity terms less than three months from the date of issuance.

Schedule of Maturities of Long-Term Debt

Total outstanding borrowings under the 2025 Term Loan Credit Agreement were $575.0, as of September 27, 2025. The following table provides the future maturities related to the outstanding balance as of September 27, 2025.

2025	—
2026	—
April 2027	$	575.0
Total maturities	$	575.0