STOCK COMPENSATION PLANS (Tables)

3 Months Ended

Mar. 29, 2026

Share-Based Payment Arrangement [Abstract]

For the periods presented, compensation expense for all types of stock-based compensation programs and the related income tax benefit recognized were as follows:


	Three Months Ended
		March 29, 2026		March 30, 2025
Pre-tax compensation expense		$	17,132	$	13,559
Related income tax benefit		4,557		3,308

Schedule of Activity Relating to the Grants of Stock Options

A summary of activity relating to grants of stock options for the period ended March 29, 2026 is as follows:


Stock Options	Shares	Weighted-Average Exercise Price (per share)	Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at beginning of year	368,560	$110.30	2.2 years

Exercised	(158,058)	$100.34


Outstanding as of March 29, 2026	210,066	$117.52	2.4 years	$	20,340
Options exercisable as of March 29, 2026	204,603	$115.90	2.2 years	$	20,131

Schedule of Activity Relating to Grants of PSUs and RSUs

A summary of activity relating to grants of PSUs and RSUs for the period ended March 29, 2026 is as follows:


Performance Stock Units and Restricted Stock Units	Number of units	Weighted-average grant date fair value for equity awards (per unit)
Outstanding at beginning of year	1,038,893	$192.64
Granted	297,233	$235.79
Performance assumption change (1)	31,199	$554.65
Vested	(214,703)	$228.52
Forfeited	(19,674)	$190.73
Outstanding as of March 29, 2026	1,132,948	$207.19

(1)Reflects the net number of PSUs above and below target levels based on the performance metrics.

Schedule of Information Pertaining to Fair Value of PSUs and RSUs Granted for Potential Future Distribution

The following table sets forth information about the fair value of the PSUs and RSUs granted for potential future distribution to employees and non-employee directors. In addition, the table provides weighted average assumptions used to determine the fair value of the market-based total shareholder return component using the Monte Carlo simulation model on the date of grant.


	Three Months Ended
	March 29, 2026			March 30, 2025
Units granted	297,233			420,478
Weighted-average fair value at date of grant	$	235.79		$	166.02
Monte Carlo simulation assumptions:
Estimated values	$	128.04		$	65.27
Dividend yields	2.5		%	3.3		%
Expected volatility	24.6		%	21.7		%