XML 59 R46.htm IDEA: XBRL DOCUMENT v3.25.4
Share-Based Awards (Tables)
12 Months Ended
Dec. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards Total share-based compensation expense was recorded as follows:
(In millions)202520242023
Product development$13.5 $10.2 $7.0 
Selling, distribution and administration 66.9 40.6 64.9 
Total share-based compensation expense before income taxes$80.4 $50.8 $71.9 
Total share-based compensation expense, net of performance adjustments, by award type is as follows:
(In millions)202520242023
Stock performance awards$20.4 $(6.4)$15.8 
Restricted stock units56.0 51.0 47.8 
Stock options2.4 4.4 7.0 
Non-employee awards1.6 1.8 1.3 
Total share-based compensation expense before income taxes$80.4 $50.8 $71.9 
Schedule of Stock Performance Awards
Stock performance award activity during 2025 was as follows:
(In millions, except per share data)SharesWeighted Average Fair Value on
Grant Date
Outstanding, beginning of year
0.9 $61.07 
Granted0.2 $61.24 
Forfeited(0.3)$71.70 
Vested— $87.40 
Outstanding, end of year
0.8 $55.15 
Schedule of Restricted Stock Awards and Restricted Stock Units
Restricted stock unit activity during 2025 was as follows:
(In millions, except per share data)SharesWeighted-Average Fair Value on
Grant Date
Outstanding, beginning of year
2.4 $56.04 
Granted1.4 $63.14 
Forfeited(0.5)$55.86 
Vested(1.0)$58.31 
Outstanding, end of year
2.3 $59.41 
Schedule of Stock Option Information
Stock option activity during 2025 was as follows:
(In millions, except per share data)OptionsWeighted-Average Exercise Price
Outstanding, beginning of year
1.5 $76.11 
Granted— $— 
Exercised(0.2)$55.78 
Expired or forfeited(0.6)$88.48 
Outstanding, end of year
0.7 $72.07 
Exercisable, end of year
0.6 $75.93 
Schedule of Share-based Payment Award, Stock Option, Valuation Assumptions The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants in the fiscal years 2025, 2024, and 2023:
202520242023
Risk-free interest rateN/A4.46 %4.44 %
Expected dividend yieldN/A4.63 %4.95 %
Expected volatilityN/A33 %38 %
Expected option lifeN/A3 years3 years