Stockholders' Equity

3 Months Ended

Apr. 04, 2026

Equity [Abstract]

Stockholders' Equity

Accumulated Other Comprehensive Income (Loss)

(In millions)	Foreign Currency Translation Adjustments		Prior Pension and Post-Retirement Benefit Service Cost and Actuarial Gain (Loss)	Total
Balance as of December 31, 2025	$	(908.6)	0.7	(907.9)
Current period other comprehensive income (loss)	(51.4)		—	(51.4)
Balance as of April 4, 2026	$	(960.0)	0.7	(959.3)

Stockholders’ Equity

The following tables reflect the changes in stockholders’ equity for the three months ended April 4, 2026, and March 29, 2025.

	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 December 31, 2025	68.8	$0.7	$1,992.6	$7,503.1	($907.9)	(7.3)	($215.2)	$5.4	$8,378.7
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	—	—	7.4	—	—	—	—	—	7.4
Repurchases of common stock	(0.6)	—	—	(64.6)	—	—	—	—	(64.6)
Net earnings attributable to noncontrolling interests	—	—	—	—	—	—	—	(0.1)	(0.1)
Currency translation adjustment on noncontrolling interests	—	—	—	—	—	—	—	(1.2)	(1.2)
De-consolidation of noncontrolling interests	—	—	—	—	—	—	—	—	—
Currency translation adjustment	—	—	—	—	(51.4)	—	—	—	(51.4)
Prior pension and post-retirement benefit service cost and actuarial loss	—	—	—	—	—	—	—	—	—
Net earnings	—	—	—	117.1	—	—	—	—	117.1
Balances as of April 4, 2026	68.4	$0.7	$1,993.7	$7,555.6	($959.3)	(7.3)	($215.1)	$4.1	$8,379.7

	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 December 31, 2024	69.9	$0.7	$1,968.8	$7,283.0	($1,527.9)	(7.3)	($215.3)	$5.5	$7,514.8
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards	0.1	—	(5.2)	—	—	—	0.1	—	(5.1)
Stock-based compensation expense	—	—	7.6	—	—	—	—	—	7.6
Repurchases of common stock	(0.2)	—	—	(25.5)	—	—	—	—	(25.5)
Net earnings attributable to noncontrolling interests	—	—	—	—	—	—	—	—	—
Currency translation adjustment on noncontrolling interests	—	—	—	—	—	—	—	0.3	0.3
Purchase of noncontrolling interest, net of taxes	—	—	—	—	—	—	—	—	—
Currency translation adjustment	—	—	—	—	255.1	—	—	—	255.1
Prior pension and post-retirement benefit service cost and actuarial gain	—	—	—	—	—	—	—	—	—
Net earnings	—	—	—	72.6	—	—	—	—	72.6
Balances as of March 29, 2025	69.8	$0.7	$1,971.2	$7,330.1	($1,272.8)	(7.3)	($215.2)	$5.8	$7,819.8