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GOODWILL AND OTHER INTANGIBLES RESULTING FROM BUSINESS ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Net Carrying Amount of Goodwill
Changes in the net carrying amount of goodwill for 2025 and 2024 by reportable segment are shown below.
(In millions)Materials GroupSolutions GroupTotal
Goodwill as of December 30, 2023
$630.7 $1,382.9 $2,013.6 
Acquisition adjustments(1)
— (2.7)(2.7)
Translation adjustments(24.6)(10.1)(34.7)
Goodwill as of December 28, 2024
606.1 1,370.1 1,976.2 
Acquisition(2)
237.6 — 237.6 
Translation adjustments42.3 16.4 58.7 
Goodwill as of December 31, 2025
$886.0 $1,386.5 $2,272.5 
(1) Measurement period adjustments related to the finalization of the purchase price allocation for our 2023 Acquisitions.
(2) Goodwill acquired related to our 2025 acquisition of Taylor Adhesives. We expect nearly all of the recognized goodwill related to this acquisition not to be deductible for income tax purposes.
Schedule of the Amounts and Weighted Average Useful Lives of Finite-Lived Intangible Assets
The table below summarizes the amounts and useful lives of the intangible assets associated with our acquisition of Taylor Adhesives as of the acquisition date.
Amount
(in millions)
Amortization
period
(in years)
Customer relationships$112.5 9
Developed technology
27.1 8
Schedule of Finite-Lived Intangible Assets Resulting from Business Acquisitions
The table below sets forth our finite-lived intangible assets resulting from business acquisitions at December 31, 2025 and December 28, 2024, which continue to be amortized.
20252024
(In millions)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$1,040.8 $509.5 $531.3 $916.0 $438.5 $477.5 
Patented and other developed technology305.0 187.2 117.8 275.2 156.8 118.4 
Trade names and trademarks17.5 14.0 3.5 17.1 12.8 4.3 
Other intangibles3.3 3.2 .1 3.2 2.6 .6 
Total$1,366.6 $713.9 $652.7 $1,211.5 $610.7 $600.8 
Schedule of Estimated Amortization Expense for Finite Lived Intangible Assets Resulting From Business Acquisitions
We expect estimated amortization expense for finite-lived intangible assets resulting from business acquisitions for each of the next five fiscal years and thereafter to be as follows:
(In millions)Estimated
Amortization
Expense
2026$102.0 
2027101.7 
202893.6 
202978.4 
203076.5 
2031 and thereafter200.5