Leases (Tables)

12 Months Ended

Dec. 29, 2024

Leases [Abstract]

Schedule of Lease Cost

Information related to the Company's leases are as follows:

(In millions)	2024			2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	40.0		48.6		52.4
Right-of-use assets obtained in exchange for lease obligations:
Operating leases net of lease modifications	$	31.7		87.8		5.8
Weighted Average Remaining Lease Term:
Operating leases	7.6 years			7.1 years		4.4 years
Weighted Average Discount Rate:
Operating leases	4.0		%	3.8	%	3.4	%

Schedule of Maturities of Operating Lease Liabilities

The following is a reconciliation of future undiscounted cash flows to the operating liabilities, and the related right of use assets, included in our Consolidated Balance Sheets as of December 29, 2024:

(In millions)	2024
2025	$	36.7
2026	31.6
2027	23.7
2028	20.8
2029	8.4
2030 and thereafter	51.0
Total future lease payments	172.2
Less imputed interest	28.0
Present value of future operating lease payments	144.2
Less current portion of operating lease liabilities (1)	29.8
Non-current operating lease liability (2)	$	114.4
Operating lease right-of-use assets, net (3)	$	119.0

(1) Included in Accrued liabilities on the Consolidated Balance Sheets

(2) Included in Other liabilities on the Consolidated Balance Sheets

(3) Included in Property, plant and equipment on the Consolidated Balance Sheets