Stockholders' Equity (Tables)

9 Months Ended

Sep. 27, 2025

The following tables reflect the changes in stockholders’ equity for the three months ended September 27, 2025, and September 28, 2024.


		Total Stockholders’ Equity
		Common Stock		Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock		Noncontrolling Interests	Total Stockholders’ Equity
(In millions)	Shares	Amount	Shares				Amount

Balance as of June 28, 2025		69.5	$0.7	$1,978.1	$7,476.1	($947.6)	(7.3)	($215.2)	$5.5	$8,297.6
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards		—	—	(0.2)	—	—	—	—	—	(0.2)
Stock-based compensation expense		—	—	7.5	—	—	—	—	—	7.5

Repurchases of common stock		(0.3)	—	—	(40.6)	—	—	—	—	(40.6)


Net earnings attributable to noncontrolling interests		—	—	—	—	—	—	—	—	—
Currency translation adjustment on noncontrolling interests		—	—	—	—	—	—	—	(0.1)	(0.1)
De-consolidation of noncontrolling interests		—	—	—	—	—	—	—	—	—

Currency translation adjustment		—	—	—	—	(32.0)	—	—	—	(32.0)
Prior pension and post-retirement benefit service cost and actuarial loss		—	—	—	—	—	—	—	—	—

Net earnings		—	—	—	108.8	—	—	—	—	108.8
Balances as of September 27, 2025		69.2	$0.7	$1,985.4	$7,544.3	($979.6)	(7.3)	($215.2)	$5.4	$8,341.0


		Total Stockholders’ Equity
		Common Stock		Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock		Noncontrolling Interests	Total Stockholders’ Equity
(In millions)	Shares	Amount	Shares				Amount















Balance as of June 29, 2024		70.4	$0.7	$1,955.0	$7,144.8	($1,238.7)	(7.3)	($215.3)	$6.0	$7,652.5
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards		—	—	(0.2)	—	—	—	—	—	(0.2)
Stock-based compensation expense		—	—	7.0	—	—	—	—	—	7.0

Repurchases of common stock		—	—	—	—	—	—	—	—	—


Net earnings attributable to noncontrolling interests		—	—	—	—	—	—	—	—	—
Currency translation adjustment on noncontrolling interests		—	—	—	—	—	—	—	0.2	0.2
Purchase of noncontrolling interest, net of taxes		—	—	—	—	—	—	—	—	—

Currency translation adjustment		—	—	—	—	34.2	—	—	—	34.2
Prior pension and post-retirement benefit service cost and actuarial gain		—	—	—	—	—	—	—	—	—

Net earnings		—	—	—	162.0	—	—	—	—	162.0
Balances as of September 28, 2024		70.4	$0.7	$1,961.8	$7,306.8	($1,204.5)	(7.3)	($215.3)	$6.2	$7,855.7

The following tables reflect the changes in stockholders’ equity for the nine months ended September 27, 2025, and September 28, 2024.


		Total Stockholders’ Equity
		Common Stock		Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock		Noncontrolling Interest	Total Stockholders’ Equity
(In millions)	Shares	Amount	Shares				Amount

Balances as of December 31, 2024		69.9	$0.7	$1,968.8	$7,325.1	($1,527.9)	(7.3)	($215.3)	$5.5	$7,556.9
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards		0.2	—	(6.0)	—	—	—	0.1	—	(5.9)
Stock-based compensation expense		—	—	22.6	—	—	—	—	—	22.6

Repurchases of common stock		(0.9)	—	—	(108.7)	—	—	—	—	(108.7)


Net earnings attributable to noncontrolling interests		—	—	—	—	—	—	—	—	—
Currency translation adjustment on noncontrolling interests		—	—	—	—	—	—	—	0.5	0.5
De-consolidation of noncontrolling interest		—	—	—	—	—	—	—	(0.6)	(0.6)

Currency translation adjustment		—	—	—	—	548.3	—	—	—	548.3
Prior pension and post-retirement benefit service cost and actuarial loss		—	—	—	—	—	—	—	—	—

Net earnings		—	—	—	327.9	—	—	—	—	327.9
Balances as of September 27, 2025		69.2	$0.7	$1,985.4	$7,544.3	($979.6)	(7.3)	($215.2)	$5.4	$8,341.0


		Total Stockholders’ Equity
		Common Stock		Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock		Noncontrolling Interest	Total Stockholders’ Equity
(In millions)	Shares	Amount	Shares				Amount

Balances as of December 31, 2023		71.0	$0.7	$1,947.5	$6,970.2	($1,080.0)	(7.3)	($215.4)	$6.1	$7,629.1
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards		0.2	—	(6.3)	—	—	—	0.1	—	(6.2)
Stock-based compensation expense		—	—	20.6	—	—	—	—	—	20.6

Repurchases of common stock		(0.8)	—	—	(87.9)	—	—	—	—	(87.9)


Net earnings attributable to noncontrolling interests		—	—	—	—	—	—	—	0.1	0.1
Currency translation adjustment on noncontrolling interests		—	—	—	—	—	—	—	—	—
Purchase of noncontrolling interest, net of taxes		—	—	—	—	—	—	—	—	—

Currency translation adjustment		—	—		—	(124.5)	—	—	—	(124.5)
Prior pension and post-retirement benefit service cost and actuarial gain		—	—	—	—	—	—	—	—	—

Net earnings		—	—	—	424.5	—	—	—	—	424.5
Balances as of September 28, 2024		70.4	$0.7	$1,961.8	$7,306.8	($1,204.5)	(7.3)	($215.3)	$6.2	$7,855.7