Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.2
Subsequent Events
6 Months Ended
Jun. 28, 2025
Subsequent Events [Abstract]  
Subsequent Events

16. SUBSEQUENT EVENTS

On July 4, 2025, the One Big Beautiful Bill Act ("OBBBA") was enacted in the U.S. The OBBBA includes significant provisions, such as the permanent extension of certain expiring business tax provisions of the Tax Cuts and Jobs Act, modifications to the international tax framework and the restoration of favorable tax treatment for certain business provisions. The legislation has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. We will continue to monitor federal and state level guidance, including state conformity to these federal tax changes, as further legislative and administrative updates become available. We are currently assessing its impact on our consolidated financial statements.