XML 75 R57.htm IDEA: XBRL DOCUMENT v3.25.0.1
Financial Instruments Measured at Fair Value - Derivatives (Details)
€ in Thousands
3 Months Ended 12 Months Ended
Sep. 28, 2024
USD ($)
Apr. 01, 2023
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2024
EUR (€)
Dec. 31, 2023
EUR (€)
Financial Instruments Measured at Fair Value              
Derivative Instruments, Gain (Loss) Recognized in Income     $ 7,794,000 $ 4,117,000 $ 5,219,000    
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]     Interest Income (Expense), Net Interest Income (Expense), Net Interest Income (Expense), Net    
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax     $ 12,311,000 $ (1,691,000) $ 41,411,000    
Proceeds from settlement of net investment hedge $ 10,600,000 $ 10,700,000 10,635,000 10,725,000 0    
Derivative, Notional Amount     1,100,000,000 1,000,000,000.0      
Other comprehensive income (loss), derivative, excluded component, increase (decrease), before adjustments, after tax     (4,000,000.0) (1,800,000) 1,800,000    
Change in unrealized gain (loss) on hedged item in fair value hedge     (400,000) (5,800)      
Foreign exchange forward              
Financial Instruments Measured at Fair Value              
Derivative, Notional Amount     200,000,000 250,000,000      
Net investment hedging | Designated as hedging instrument              
Financial Instruments Measured at Fair Value              
Derivative Instruments, Gain (Loss) Recognized in Income     6,747,000 7,460,000 8,805,000    
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax     12,996,000 (2,276,000) 15,474,000    
Cash flow hedging | Designated as hedging instrument | Interest rate swap              
Financial Instruments Measured at Fair Value              
Derivative Instruments, Gain (Loss) Recognized in Income     593,000 (2,889,000) (3,586,000)    
Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax     (685,000) $ 585,000 25,937,000    
Fair value hedging | Interest rate swap              
Financial Instruments Measured at Fair Value              
Derivative, variable interest rate       0.508%     0.508%
Derivative, average fixed interest rate       6.125%     6.125%
Derivative, Notional Amount       $ 500,000,000      
Fair value hedging | Designated as hedging instrument | Interest rate swap              
Financial Instruments Measured at Fair Value              
Derivative Instruments, Gain (Loss) Recognized in Income     $ 454,000 $ (454,000) $ 0    
Maturity September 2024 | Foreign exchange forward              
Financial Instruments Measured at Fair Value              
Derivative, Notional Amount | €           € 0 € 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