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Derivative Instruments (Tables)
 12 Months Ended
Jan. 01, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Foreign Currency Contracts As of January 1, 2023, Teledyne had foreign currency contracts of this type primarily in the following pairs (in millions):
Contracts to BuyContracts to Sell
CurrencyAmountCurrencyAmount
Canadian Dollars$236.1 U.S. DollarsUS$178.6 
Euros€237.4 U.S. DollarsUS$237.2 
Great Britain Pounds£89.5 U.S. DollarsUS$104.9 
U.S. DollarsUS$15.6 Swedish Kronakr168.8 
Danish KroneKr.74.6 U.S. DollarsUS$10.0 
Swedish Kronakr491.1 Euros€46.0 
Norwegian Kronekr214.7 Swedish Kronakr231.4 
Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges
The effect of derivative instruments designated as cash flow hedges for 2022 and 2021 was as follows (in millions):
 20222021
Net gain (loss) recognized in AOCI - foreign exchange contracts (a)$17.6 $23.6 
Net gain (loss) recognized in AOCI - interest rate contracts$1.7 $0.4 
Net gain (loss) reclassified from AOCI into revenue/cost of sales - foreign exchange contracts$4.8 $9.2 
Net gain (loss) reclassified from AOCI into interest expense - foreign exchange contracts$5.2 $3.4 
Net gain (loss) reclassified from AOCI into interest expense -interest rate contracts$0.4 $(1.6)
Net gain (loss) reclassified from AOCI into other income and expense, net - foreign exchange contracts (b)$15.5 $20.7 
(a)Effective portion
(b)Amount reclassified to offset earnings impact of liability hedged by cross currency swap