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Taxes on income from continuing operations
6 Months Ended
Jun. 29, 2025
Income Tax Disclosure [Abstract]  
Taxes on income from continuing operations Taxes on income from continuing operations
 Three Months EndedSix Months Ended
 June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Effective income tax rate (1)
9.4%17.8%10.9%(33.8)%
(1) The effective income tax rates for the three and six months ended June 29, 2025 and the three months ended June 30, 2024 represent income tax expense. The effective income tax rate for the six months ended June 30, 2024 represents an income tax benefit.

The effective income tax rates for the three and six months ended June 29, 2025 and were 9.4% and 10.9%, respectively. The effective income tax rates for the three and six months ended June 29, 2025 reflect non-taxable favorable adjustments incurred in relation to foreign currency exchange rates, largely stemming from non-designated foreign currency forward contracts designed to hedge against the cash consideration for the VI Business acquisition. All periods include a tax benefit from research and development tax credits. The effective income tax rate for the six months ended June 30, 2024 reflects a tax benefit associated with a pension charge recognized in connection with the termination of the TRIP defined benefit plan.
See Note 15 for subsequent event related to taxes on income from continuing operations.