Venture Investments (Tables)

9 Months Ended

Sep. 30, 2026

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investment

Venture investments by form and measurement category as of September 30, 2026 were as follows:

			Fair Value Measurements Using
(In millions)	Total		Fair Value (Level 1)		Measurement Alternative		Other
Venture investments
Equity securities	$	133.6	$	.2	$	133.4	$	—
Other investments	4.3		—		—		4.3
Total	$	137.9	$	.2	$	133.4	$	4.3

Venture investments by form and measurement category as of December 31, 2025 were as follows:

			Fair Value Measurements Using
(In millions)	Total		Fair Value (Level 1)		Measurement Alternative		Other
Venture investments
Equity securities	$	58.8	$	1.1	$	57.7	$	—
Other investments	2.9		—		—		2.9
Total	$	61.7	$	1.1	$	57.7	$	2.9

Schedule of Unrealized Gain (Loss) on Investments

Unrealized gain (loss) on venture investments, net, was as follows and recorded in “Other expense (income), net” in the unaudited Condensed Consolidated Statements of Income:

	Three Months Ended				Nine Months Ended
(In millions)	September 30, 2026		September 27, 2025		September 30, 2026		September 27, 2025
Unrealized gain (loss) on venture investments, net	$	(1.0)	$	(2.2)	$	(1.7)	$	(6.9)