Business Segment Information (Tables)

9 Months Ended

Aug. 27, 2023

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Business segment information for the Company is as follows: 

	Three Months Ended				Nine Months Ended
	August 27, 2023		August 28, 2022		August 27, 2023		August 28, 2022
	(Dollars in millions)
Net revenues:
Americas	$	766.7	$	805.1	$	2,198.6	$	2,347.0
Europe	384.1		390.3		1,200.5		1,226.8
Asia	246.5		220.6		797.7		700.9
Total segment net revenues	1,397.3		1,416.0		4,196.8		4,274.7
Other Brands	113.7		101.2		339.9		305.2
Total net revenues	$	1,511.0	$	1,517.2	$	4,536.7	$	4,579.9
Income before income taxes:
Americas	$	135.6	$	177.1	$	323.4	$	513.6
Europe	68.1		84.4		240.4		287.8
Asia	30.2		19.9		116.0		82.6
Total segment operating income	233.9		281.4		679.8		884.0
Other Brands	(1.8)		2.4		(0.4)		16.0
Restructuring charges, net	(1.5)		1.5		(19.3)		3.3
Goodwill and other intangible asset impairment charges(1)	(90.2)		—		(90.2)		(11.6)
Corporate expenses	(105.6)		(86.2)		(367.8)		(382.2)
Interest expense	(11.5)		(7.7)		(35.4)		(16.3)
Other (expense) income, net(2)	(26.7)		(5.2)		(38.1)		16.7
(Loss) income before income taxes	$	(3.4)	$	186.2	$	128.6	$	509.9