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Fair Value Measurement (Tables)
6 Months Ended
Jun. 29, 2024
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. 
  Fair Value Measurements at June 29, 2024 Using
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)Total(Level 1)(Level 2)(Level 3)
Assets
Derivative assets$17,916 $— $17,916 $— 
Total Assets$17,916 $— $17,916 $— 
Liabilities
Derivative liabilities$27,147 $— $27,147 $— 
Contingent consideration20,924 — — 20,924 
6% Senior notes985,300 — 985,300 — 
5.25% Senior notes488,100 — 488,100 — 
3.625% Senior notes543,949 — 543,949 — 
Term loan A-1396,010 — 396,010 — 
Term loan A-2472,625 — 472,625 — 
Term loan A-3297,008 — 297,008 — 
Term loan A-4481,953 — 481,953 — 
Revolver debt601,039 — 601,039 — 
Total Liabilities$4,314,055 $— $4,293,131 $20,924 

  Fair Value Measurements at December 30, 2023 Using
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)Total(Level 1)(Level 2)(Level 3)
Assets
Derivative assets$29,000 $— $29,000 $— 
Total Assets$29,000 $— $29,000 $— 
Liabilities
Derivative liabilities$19,997 $— $19,997 $— 
Contingent consideration86,495 — — 86,495 
6% Senior notes1,000,000 — 1,000,000 — 
5.25% Senior notes493,100 — 493,100 — 
3.625% Senior notes560,994 — 560,994 — 
Term loan A-1398,000 — 398,000 — 
Term loan A-2478,844 — 478,844 — 
Term loan A-3298,500 — 298,500 — 
Term loan A-4488,172 — 488,172 — 
Revolver debt604,766 — 604,766 — 
Total Liabilities$4,428,868 $— $4,342,373 $86,495 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation The changes in contingent consideration are due to the following:
(in thousands of dollars)Contingent Consideration
Balance as of December 30, 2023$86,495 
Total included in earnings during period(58,371)
Exchange rate changes(7,200)
Balance as of June 29, 2024$20,924