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Fair Value Measurement (Tables)
9 Months Ended
Sep. 27, 2025
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 September 27, 2025 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$29,328 $— $29,328 $— 
Total Assets$29,328 $— $29,328 $— 
Liabilities
Derivative liabilities$3,147 $— $3,147 $— 
Total Liabilities$3,147 $— $3,147 $— 

  Fair Value Measurements at December 28, 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$30,693 $— $30,693 $— 
Total Assets$30,693 $— $30,693 $— 
Liabilities
Derivative liabilities$41,920 $— $41,920 $— 
Contingent consideration28,862 — — 28,862 
Total Liabilities$70,782 $— $41,920 $28,862 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The changes in contingent consideration liability are due to the following:

(in thousands of dollars)Contingent Consideration
Balance as of December 28, 2024$28,862 
Total included in earnings during period18,024 
Exchange rate changes5,807 
Payments(52,693)
Balance as of September 27, 2025$— 
Fair Value, by Balance Sheet Grouping
Fair value of financial instruments that are not carried at fair value are as follows:

  Fair Value Measurements at September 27, 2025 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)
Liabilities
6% Senior notes$1,009,300 $— $1,009,300 $— 
5.25% Senior notes498,550 — 498,550 — 
4.5% Senior notes886,645 — 886,645 — 
Term Loan A895,500 — 895,500 — 
Revolver debt741,460 — 741,460 — 
Total Liabilities$4,031,455 $— $4,031,455 $— 

  Fair Value Measurements at December 28, 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)
Liabilities
6% Senior notes$982,500 $— $982,500 $— 
5.25% Senior notes490,000 — 490,000 — 
3.625% Senior notes534,908 — 534,908 — 
Term loan A-1395,015 — 395,015 — 
Term loan A-2469,516 — 469,516 — 
Term loan A-3296,261 — 296,261 — 
Term loan A-4478,844 — 478,844 — 
Revolver debt264,330 — 264,330 — 
Total Liabilities$3,911,374 $— $3,911,374 $—