Fair Value Measurements (Tables)

6 Months Ended

Jun. 29, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Carried at Fair Value, Measured on a Recurring Basis

Assets and liabilities carried at fair value, measured on a recurring basis, as of June 29, 2024 were as follows:

			Fair Value Measurements Using
(In millions)	Total		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets
Investments	$	48.8	$	29.2	$	19.6	$	—
Derivative assets	5.8		—		5.8		—
Bank drafts	6.1		6.1		—		—
Cross-currency swap	9.8		—		9.8		—
Liabilities
Derivative liabilities	$	7.8	$	.7	$	7.1	$	—
Contingent consideration liabilities	9.9		—		—		9.9

Assets and liabilities carried at fair value, measured on a recurring basis, as of December 30, 2023 were as follows:

			Fair Value Measurements Using
(In millions)	Total		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets
Investments	$	37.8	$	19.6	$	18.2	$	—
Derivative assets	6.3		—		6.3		—
Bank drafts	5.3		5.3		—		—
Cross-currency swap	2.3		—		2.3		—
Liabilities
Derivative liabilities	$	7.6	$	1.6	$	6.0	$	—
Contingent consideration liabilities	10.0		—		—		10.0