XML 52 R41.htm IDEA: XBRL DOCUMENT v3.24.3
Financial Instruments Measured at Fair Value - Derivatives (Details)
€ in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
USD ($)
Sep. 30, 2023
USD ($)
Apr. 01, 2023
USD ($)
Sep. 28, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 28, 2024
EUR (€)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
EUR (€)
Financial Instruments Measured at Fair Value                
Derivative Instruments, Gain (Loss) Recognized in Income $ 2,171 $ 874   $ 5,835 $ 1,414      
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax (5,794) 5,448   1,926 4,487      
Proceeds from settlement of net investment hedge 10,600   $ 10,700          
Derivative, Notional Amount 1,100,000     1,100,000     $ 1,000,000  
Other comprehensive income (loss), derivative, excluded component, increase (decrease), before adjustments, after tax (3,500) (900)   (2,100) (1,000)      
Change in unrealized gain (loss) on hedged item in fair value hedge   200   (400) 1,100      
Foreign exchange forward                
Financial Instruments Measured at Fair Value                
Derivative, Notional Amount | €           € 200,000   € 250,000
Net investment hedging | Designated as hedging instrument                
Financial Instruments Measured at Fair Value                
Derivative Instruments, Gain (Loss) Recognized in Income 1,722 1,804   5,330 5,656      
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax (5,110) 5,448   2,610 3,902      
Cash flow hedging | Designated as hedging instrument | Interest rate swap                
Financial Instruments Measured at Fair Value                
Derivative Instruments, Gain (Loss) Recognized in Income 449 (683)   51 (2,199)      
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax (684) 0   (684) 585      
Fair value hedging | Interest rate swap                
Financial Instruments Measured at Fair Value                
Derivative, fixed interest rate             6.125% 6.125%
Derivative, variable interest rate             0.508% 0.508%
Derivative, Notional Amount             $ 500,000  
Fair value hedging | Designated as hedging instrument | Interest rate swap                
Financial Instruments Measured at Fair Value                
Derivative Instruments, Gain (Loss) Recognized in Income $ 0 $ (247)   $ 454 $ (2,043)      
Maturity September 2024 | Foreign exchange forward                
Financial Instruments Measured at Fair Value                
Derivative, Notional Amount | €               € 50,000
Maturity April 2025 | Foreign exchange forward                
Financial Instruments Measured at Fair Value                
Derivative, Notional Amount | €           100,000   100,000
Maturity January 2028 | Foreign exchange forward                
Financial Instruments Measured at Fair Value                
Derivative, Notional Amount | €           € 100,000   € 100,000