Financial instruments (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Foreign Exchange Gains and Losses Recognized Within AOCI and the Interest Benefit Recognized Within Interest Expense

The following table summarizes the foreign exchange gains and losses recognized within AOCI and the interest benefit recognized within interest expense related to cross currency swaps for the three months ended March 31, 2026 and March 30, 2025:


	Three Months Ended
	March 31, 2026		March 30, 2025
Foreign exchange gain (loss)	$	12,738	$	(22,499)
Interest benefit	8,305		4,239

Schedule of Fair Values of Derivative Instruments Designated as Hedging Instruments

The following table presents the locations in the condensed consolidated balance sheet and fair value of derivative instruments as of March 31, 2026 and December 31, 2025:


	March 31, 2026		December 31, 2025

Asset derivatives:
Designated foreign currency forward contracts	$	2,741	$	3,563
Non-designated foreign currency forward contracts	214		279
Cross-currency interest rate swaps	23,652		26,260
Prepaid expenses and other current assets	26,607		30,102
Cross-currency interest rate swaps	3,243		1,777
Other assets	3,243		1,777
Total asset derivatives	$	29,850	$	31,879
Liability derivatives:
Designated foreign currency forward contracts	$	2,139	$	1,170
Non-designated foreign currency forward contracts	938		624
Cross-currency interest rate swaps	15,865		56,321
Other current liabilities	18,942		58,115
Cross-currency interest rate swaps	37,121		76,139
Other liabilities	37,121		76,139
Total liability derivatives	$	56,063	$	134,254

TELEFLEX INC 10-Q