Debt (Tables)

6 Months Ended

Jun. 28, 2025

Debt Disclosure [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The fair values and carrying values of the Company’s debt instruments are detailed as follows:

	June 28, 2025			December 31, 2024
(In millions)	Fair Value		Carrying Value	Fair Value	Carrying Value
1.750% Senior Notes, payable June 12, 2027; interest payable annually	$	576.0	585.9	509.0	520.3
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually	478.0		500.0	462.0	500.0
5.85% Senior Notes, payable September 18, 2028; interest payable semi-annually	624.0		600.0	617.0	600.0
United States commercial paper	81.0		81.0	486.0	486.0
European commercial paper	325.2		325.2	49.4	49.4
Senior Credit Facility, payable August 12, 2027	26.4		26.4	—	—
Finance leases and other	90.0		90.0	89.5	89.5
Unamortized debt issuance costs	(7.5)		(7.5)	(8.4)	(8.4)
Total debt	2,193.1		2,201.0	2,204.5	2,236.8
Less: current portion of long term-debt and commercial paper	458.8		458.8	559.4	559.4
Long-term debt, less current portion	$	1,734.3	1,742.2	1,645.1	1,677.4