Quarterly report [Sections 13 or 15(d)]

SUPPLY CHAIN FINANCING

v3.26.1
SUPPLY CHAIN FINANCING
3 Months Ended
Apr. 04, 2026
Supply Chain Financing [Abstract]  
Supplier Finance Program SUPPLY CHAIN FINANCING
The Company facilitates voluntary Supply Chain Finance ("SCF") programs with its financial institutions that allow certain suppliers the option to sell or assign their rights to receivables due from the Company, enabling the suppliers to receive payment from the financial institutions sooner than our negotiated payment terms. At March 2026, December 2025 and March 2025, accounts payable included total outstanding balances of $29.0 million, $21.5 million and $39.8 million, respectively, due to suppliers that participate in the SCF programs.