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Accumulated Other Comprehensive Income (Loss) | 3 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) ("AOCI") by component, net of tax, for the first quarter ended March 31, 2024 and April 2, 2023 are as follows (in millions):
| Foreign Currency Translation |  | Cash Flow Hedges and Other |  | Pension and Postretirement Benefits |  | Total
Balance at December 31, 2023 | $ | (392.7) |  |  | $ | 8.2 |  |  | $ | (249.6) |  |  | $ | (634.1) |
Other comprehensive income (loss) before reclassifications | (88.8) |  |  | 2.7 |  |  | — |  |  | (86.1) |
Amounts reclassified from AOCI | — |  |  | (6.9) |  |  | 2.1 |  |  | (4.8) |
Net other comprehensive income (loss) | (88.8) |  |  | (4.2) |  |  | 2.1 |  |  | (90.9) |
Balance at March 31, 2024 | $ | (481.5) |  |  | $ | 4.0 |  |  | $ | (247.5) |  |  | $ | (725.0) |
| Foreign Currency Translation |  | Cash Flow Hedges and Other |  | Pension and Postretirement Benefits |  | Total
Balance at January 1, 2023 | $ | (472.3) |  |  | $ | 1.3 |  |  | $ | (255.5) |  |  | $ | (726.5) |
Other comprehensive income (loss) before reclassifications | (4.3) |  |  | 9.8 |  |  | — |  |  | 5.5 |
Amounts reclassified from AOCI | — |  |  | (7.3) |  |  | 1.5 |  |  | (5.8) |
Net other comprehensive income (loss) | (4.3) |  |  | 2.5 |  |  | 1.5 |  |  | (0.3) |
Balance at April 2, 2023 | $ | (476.6) |  |  | $ | 3.8 |  |  | $ | (254.0) |  |  | $ | (726.8) |
The reclassifications out of AOCI to net income for the first quarter ended March 31, 2024 and April 2, 2023 are as follows (in millions):
| Amount Reclassified from AOCI for the Quarter Ended |  | Amount Reclassified from AOCI for the Quarter Ended | Statement of Income (Loss) Presentation
| March 31, 2024 |  | April 2, 2023 |
(Gain) loss on cash flow hedges: |  |  |  |
Gain recognized in income on derivatives | $ | (9.3) |  |  | $ | (9.8) |  | See Note 13
Income tax impact | 2.4 |  |  | 2.5 |  | Provision for income taxes
Total | $ | (6.9) |  |  | $ | (7.3) |  |
Amortization of defined benefit pension and postretirement plan items: |  |  |  |
Amortization of prior service cost | $ | (0.1) |  |  | $ | (0.4) |  | Costs and expenses
Amortization of net actuarial loss | 2.9 |  |  | 2.4 |  | Costs and expenses
Total before tax | 2.8 |  |  | 2.0 |  |
Income tax impact | (0.7) |  |  | (0.5) |  | Provision for income taxes
Total | $ | 2.1 |  |  | $ | 1.5 |  |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
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