Fair Value Measurements (Tables)

9 Months Ended

Sep. 28, 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 September 28, 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	$	48.0	$	27.1	$	20.9	$	—
Derivative assets	8.0		—		8.0		—
Bank drafts	5.6		5.6		—		—
Cross-currency swap	4.6		—		4.6		—
Liabilities
Derivative liabilities	$	10.4	$	.6	$	9.8	$	—
Contingent consideration liabilities	10.0		—		—		10.0

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