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Retirement Plans (Tables)
 12 Months Ended
Dec. 29, 2024
Retirement Benefits [Abstract]  
Schedule of Changes in Projected Benefit Obligation, Plan Assets and Funded Status
Reconciliations of the beginning and ending balances for the projected benefit obligation, the fair value of plan assets and the funded status are included below.
PensionPostretirement
(In millions)2024202320242023
Change in Projected Benefit Obligation
Projected benefit obligation — beginning$30.1 $30.3 $20.2 $19.6 
Interest cost1.5 1.6 1.0 1.1 
Actuarial (gain) loss(0.4)1.5 (0.9)1.1 
Benefits paid(3.5)(3.3)(1.6)(1.6)
Curtailments— — 0.9 — 
Projected benefit obligation — ending$27.7 $30.1 $19.6 $20.2 
Accumulated benefit obligation — ending$27.7 $30.1 $19.6 $20.2 
Change in Plan Assets
Fair value of plan assets — beginning$— $— $— $— 
Fair value of plan assets — ending$— $— $— $— 
Reconciliation of Funded Status
Projected benefit obligation$(27.7)$(30.1)$(19.6)$(20.2)
Fair value of plan assets— — — — 
Funded status(27.7)(30.1)(19.6)(20.2)
Unrecognized prior service cost (credit)— — (0.2)(0.6)
Unrecognized net loss (earnings)4.1 4.6 (2.5)(2.6)
Net amount$(23.6)$(25.5)$(22.3)$(23.4)
Accrued liabilities$(2.8)$(3.0)$(1.6)$(1.5)
Other liabilities(24.9)(27.1)(18.0)(18.7)
Accumulated other comprehensive (earnings) loss4.1 4.6 (2.7)(3.2)
Net amount$(23.6)$(25.5)$(22.3)$(23.4)
Schedule of Assumptions Used to Determine Year-End Pension and Postretirement Benefit Obligations
Assumptions used to determine the year-end pension and postretirement benefit obligations are as follows:
20242023
Pension
Weighted average discount rate5.67 %5.23 %
Mortality tablePriH-2012/Scale MP - 2021PriH-2012/Scale
MP - 2021
Postretirement
Discount rate5.74 %5.20 %
Health care cost trend rate assumed for next year7.00 %6.75 %
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)5.00 %5.00 %
Year that the rate reaches the ultimate trend20332031
Schedule of Components of Net Periodic Benefit Cost
The following presents detail of the components of the net periodic benefit cost:
(In millions)202420232022
Components of Net Periodic Cost
Pension
Service cost$— $— $— 
Interest cost1.5 1.6 1.1 
Expected return on assets— — — 
Amortization of actuarial loss0.1 — 0.8 
Curtailment/Settlement (gain) loss— — — 
Net periodic benefit cost$1.6 $1.6 $1.9 
Postretirement
Interest cost$1.0 $1.1 $0.8 
Amortization of service credit(0.2)(0.3)(0.3)
Amortization of actuarial (gain) loss(0.1)(0.2)0.1 
Curtailment/Settlement (gain) loss(0.2)— — 
Net periodic benefit cost$0.5 $0.6 $0.6 
Schedule of Assumptions Used to Determine Net Periodic Benefit Cost of Pension Plan and Postretirement Plan
Assumptions used to determine net periodic benefit cost of the pension plans and postretirement plan is as follows:
202420232022
Pension
Weighted average discount rate5.43 %5.61 %2.91 %
Long-term rate of return on plan assetsN/AN/AN/A
Postretirement
Discount rate5.41 %5.58 %3.03 %
Health care cost trend rate assumed for next year6.75 %7.00 %6.00 %
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)5.00 %5.00 %5.00 %
Year that the rate reaches the ultimate trend rate203120312025
Schedule of Expected Benefit Payments Expected benefit payments under the defined benefit pension plans and the postretirement benefit plans for the next five years subsequent to 2024 and in the aggregate for the following five years are as follows:
(In millions)PensionPostretirement
2025$2.9 $1.7 
20262.8 1.6 
20272.8 1.6 
20282.7 1.5 
20292.6 1.5 
2030 through 203411.6 6.9