Financial Instruments (Tables)

9 Months Ended

Oct. 01, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The carrying costs, which are equal to the outstanding principal amounts, and fair values of the Company's long-term borrowings as of October 1, 2023, September 25, 2022 and December 25, 2022 are as follows:

	October 1, 2023			September 25, 2022			December 25, 2022
	Carrying Cost		Fair Value	Carrying Cost		Fair Value	Carrying Cost		Fair Value
3.90% Notes Due 2029	$	900.0	797.4	$	900.0	804.6	$	900.0	808.2
3.55% Notes Due 2026	675.0		629.3	675.0		633.4	675.0		635.3
3.00% Notes Due 2024	500.0		483.2	500.0		481.1	500.0		482.2
6.35% Notes Due 2040	500.0		483.7	500.0		497.8	500.0		498.4
3.50% Notes Due 2027	500.0		461.4	500.0		461.5	500.0		465.8
5.10% Notes Due 2044	300.0		245.1	300.0		258.3	300.0		261.1
6.60% Debentures Due 2028	109.9		113.0	109.9		114.1	109.9		112.1
Variable % Notes Due December 30, 2024	250.0		250.0	325.0		325.0	310.0		310.0
Production Financing Facilities(1)	—			62.6		62.6	53.2		53.2
Total long-term debt	$	3,734.9	3,463.1	$	3,872.5	3,638.4	$	3,848.1	3,626.3
Less: Deferred debt expenses	20.3		—	24.8		—	23.7		—
Less: Current portion	60.0		—	122.6		—	113.2		—
Long-term debt	$	3,654.6	3,463.1	$	3,725.1	3,638.4	$	3,711.2	3,626.3

(1) During the third quarter of 2023, all production financing facilities attributable to the non-core eOne Film and TV business, which were previously classified within Current portion of long-term debt, have been transferred to Liabilities held for sale.

Schedule of Production Financing Loans

The production financing facilities as of October 1, 2023, September 25, 2022 and December 25, 2022 are as follows:

	October 1, 2023		September 25, 2022		December 25, 2022
Production financing facilities included in the consolidated balance sheet as:
Current liabilities (1)	$	—	$	184.9	$	195.6

(1) During the third quarter of 2023, production financing facilities of $150.9 million attributable to the non-core eOne Film and TV business, which were previously classified within Current portion of long-term debt, have been transferred to Liabilities held for sale.

Schedule of Production Financing Loans

The following table represents the movements in production financing loans during the first nine months of 2023:

	Production Financing
December 25, 2022	$	195.6
Drawdowns	117.9
Repayments	(162.0)
Reclass to Liabilities held for sale (2)	(150.9)
Foreign exchange differences	(0.6)
Balance at October 1, 2023	$	—

(2) See note 15 for additional information on assets and liabilities held for sale.