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Stock Options, Other Stock Awards and Warrants (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards
Total compensation expense related to stock options, restricted stock units, including those awards made to non-employee members of its Board of Directors, and stock performance awards for the years ended December 31, 2023, December 25, 2022 and December 26, 2021 was $71.9 million, $81.3 million and $97.8 million, respectively, and was recorded as follows:
(In millions)202320222021
Product development$7.0 4.8 3.7 
Selling, distribution and administration
64.9 76.5 94.1 
Total stock compensation expense before income taxes71.9 81.3 97.8 
Income tax benefit9.2 9.0 10.2 
Total stock compensation expense after income taxes$62.7 72.3 87.6 
The following table represents total stock compensation expense, net of performance adjustments, by award type related to stock performance awards, restricted stock units, stock options and awards made to non-employee members of the Company’s Board of Directors, for the years ended December 31, 2023, December 25, 2022 and December 26, 2021:
(In millions)202320222021
Stock performance awards$15.8 9.6 26.9 
Restricted stock units47.8 60.7 50.9 
Stock options7.0 8.9 18.4 
Non-employee awards1.3 2.1 1.6 
Total stock compensation expense before income taxes71.9 81.3 97.8 
Income tax benefit9.2 9.0 10.2 
Total compensation expense after income taxes$62.7 72.3 87.6 
Schedule of Stock Performance Awards
Information with respect to Stock Performance Awards for 2023, 2022 and 2021 is as follows:
(In millions, except per share data)202320222021
Outstanding at beginning of year0.8 0.7 0.6 
Granted0.7 0.4 0.2 
Forfeited(0.2)(0.1)— 
Canceled(0.1)— (0.1)
Vested(0.2)(0.2)— 
Outstanding at end of year1.0 0.8 0.7 
Weighted average grant-date fair value:
Granted$56.00 88.77 96.06 
Forfeited$74.06 80.77 — 
Canceled$56.49 — 77.33 
Vested$56.49 86.90 — 
Outstanding at end of year$70.15 78.15 75.74 
Schedule of Restricted Stock Awards and Restricted Stock Units
Information with respect to the remaining Restricted Stock Awards and Restricted Stock Units for 2023, 2022 and 2021 is as follows:
(In millions, except per share data)202320222021
Outstanding at beginning of year1.2 1.1 1.0 
Granted1.2 0.7 0.7 
Forfeited(0.2)(0.1)(0.1)
Vested(0.6)(0.5)(0.5)
Outstanding at end of year1.6 1.2 1.1 
Weighted average grant-date fair value:
Granted$56.80 86.41 91.06 
Forfeited$74.22 91.18 85.88 
Vested$90.32 91.33 91.42 
Outstanding at end of year$66.08 88.85 91.78 
Schedule of Stock Option Information
Information with respect to stock options for each of the three fiscal years ended December 31, 2023 is as follows:
(In millions, except per share data)202320222021
Outstanding at beginning of year1.8 2.9 2.8 
Granted1.4 0.6 0.6 
Exercised— (0.8)(0.5)
Expired or forfeited(0.9)(0.9)— 
Outstanding at end of year2.3 1.8 2.9 
Exercisable at end of year0.9 0.8 2.1 
Weighted average exercise price:
Granted$55.92 94.89 90.31 
Exercised$— 85.60 65.12 
Expired or forfeited$81.22 97.16 95.59 
Outstanding at end of year$75.24 93.62 92.15 
Exercisable at end of year$93.96 92.95 92.05 
Schedule of Share-based Payment Award, Stock Option, Valuation Assumptions The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants in the fiscal years 2023, 2022 and 2021:
202320222021
Risk-free interest rate4.44 %1.79 %0.50 %
Expected dividend yield4.95 %2.95 %3.01 %
Expected volatility38 %37 %38 %
Expected option life3 years4 years4 years