XML 68 R61.htm IDEA: XBRL DOCUMENT v3.24.3
Derivative Financial Instruments and Fair Value Measurements - Additional Information (Details)
€ in Millions, $ in Millions
9 Months Ended
Sep. 26, 2024
USD ($)
Apr. 18, 2024
USD ($)
Jun. 09, 2022
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
EUR (€)
Sep. 26, 2024
EUR (€)
Dec. 31, 2023
USD ($)
Jun. 09, 2022
EUR (€)
Mar. 31, 2022
EUR (€)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Net cash inflow       $ (41.9) $ (52.5)          
Forward agreement gain/loss     $ 2.0              
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value measured on a recurring basis                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Deferred compensation plan assets       168.1       $ 144.2    
Cash flow hedge                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Principal amount | €                 € 400.0  
Forward agreement notional amount | €                 € 300.0  
Forward agreement interest rate                 1.936%  
Derivatives Notes Repay | €                 € 400.0  
Forward agreement maturity date     Sep. 30, 2022              
Fair Value Hedge                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Principal amount | €             € 63.6     € 236.9
Net cash inflow $ 1.6 $ 14.9                
Euro-denominated notes | Estimate of fair value measurement | Significant Other Observable Inputs (Level 2)                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Carrying value of long-term debt       999.0       977.6    
Euro-denominated notes | Carrying value | Significant Other Observable Inputs (Level 2)                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Carrying value of long-term debt       998.2       $ 988.2    
Cross-currency swap | Fair Value Hedge                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Interest rate (as a percent)             3.27%     3.45%
Designated as hedging instrument | Notes due June 2027 | Euro-denominated notes                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Principal amount       442.7   € 400.0        
Designated as hedging instrument | Notes Due June 2026 | Euro-denominated notes                    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]                    
Principal amount       $ 555.5   € 500.0