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Financial instruments (Tables)
 6 Months Ended
Jun. 29, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Exchange Gains and Losses Recognized Within AOCI and the Interest Benefit Recognized Within Interest Expense The following table summarizes the foreign exchange gains and losses recognized within AOCI and the interest benefit recognized within interest expense related to cross currency swaps for the three and six months ended June 29, 2025 and June 30, 2024:
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Foreign exchange (loss) gain
$(61,063)$5,297 $(83,563)$14,190 
Interest benefit3,245 4,280 7,484 8,000 
Fair Values of Derivative Instruments Designated as Hedging Instruments
The following table presents the locations in the condensed consolidated balance sheet and fair value of derivative financial instruments as of June 29, 2025 and December 31, 2024:
June 29, 2025December 31, 2024
Fair Value
Asset derivatives:
Designated foreign currency forward contracts$4,192 $5,780 
Non-designated foreign currency forward contracts83,109 254 
Cross-currency interest rate swaps8,122 15,972 
Prepaid expenses and other current assets95,423 22,006 
Cross-currency interest rate swaps— 5,409 
Other assets— 5,409 
Total asset derivatives$95,423 $27,415 
Liability derivatives:  
Designated foreign currency forward contracts$9,785 $3,078 
Non-designated foreign currency forward contracts253 931 
Cross-currency interest rate swaps54,283 9,575 
Other current liabilities64,321 13,584 
Cross-currency interest rate swaps50,517 — 
Other liabilities50,517 — 
Total liability derivatives$114,838 $13,584