Financial Instruments and Risk Management (Tables)

6 Months Ended

Jun. 29, 2024

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)	June 29, 2024		December 30, 2023		July 1, 2023
Foreign exchange hedge contracts	$	257.9	$	269.0	$	295.0
Interest rate swap	41.1		75.3		119.9

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)	June 29, 2024		December 30, 2023		July 1, 2023
Financial assets:
Foreign exchange hedge contracts	$	3.2	$	—	$	1.6
Interest rate swap	0.8		1.8		3.9
Financial liabilities:
Foreign exchange hedge contracts	$	(1.0)	$	(5.1)	$	(4.7)