Recent Accounting Requirements

9 Months Ended

Sep. 27, 2025

Accounting Policies [Abstract]

Recent Accounting Requirements

Recent Accounting Requirements

In September 2025, the Financial Accounting Standards Board issued guidance changing the capitalization criteria for internal-use software, eliminating references to project stages and requiring that projects meet completion probability before costs can be capitalized. This guidance is effective for fiscal years beginning after December 15, 2027, including interim periods within those fiscal years. We are currently assessing the impact of this guidance on our consolidated financial statements.