Financial Instruments and Risk Management (Tables)

12 Months Ended

Dec. 30, 2023

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	December 30, 2023		December 31, 2022
Foreign exchange hedge contracts	$	269.0	$	334.2
Interest rate swap	75.3		176.2

Schedule of Derivative Assets at Fair Value [Table Text Block]

The recorded fair values of the Company’s derivative instruments are as follows:

(In millions)	December 30, 2023		December 31, 2022
Financial assets:
Foreign exchange hedge contracts	$	—	$	7.5
Interest rate swap	1.8		6.1
Financial liabilities:
Foreign exchange hedge contracts	$	(5.1)	$	(1.3)