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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 29, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in AOCI for the fiscal years ended December 29, 2024, and December 31, 2023:
(in millions)Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotal
Balance as of January 1, 2023$(472.3)$1.3 $(255.5)$(726.5)
Other comprehensive income (loss) before reclassifications79.6 14.8 — 94.4 
Amounts reclassified from AOCI— (7.9)5.9 (2.0)
Net other comprehensive income (loss)79.6 6.9 5.9 92.4 
Balance as of December 31, 2023(392.7)8.2 (249.6)(634.1)
Other comprehensive income (loss) before reclassifications(209.6)(6.0)— (215.6)
Amounts reclassified from AOCI— (4.4)14.2 9.8 
Net other comprehensive income (loss)(209.6)(10.4)14.2 (205.8)
Balance as of December 29, 2024$(602.3)$(2.2)$(235.4)$(839.9)
The reclassification out of AOCI for the fiscal years ended December 29, 2024, and December 31, 2023, are as follows:
20242023
(in millions)Amount reclassified from AOCI Amount reclassified from AOCIFinancial Statement Presentation
Gain (loss) on cash flow hedges:
Gain (loss) recognized in income on derivatives$(6.0)$(10.6)See Note 14
Income tax impact1.6 2.7 Provision for income taxes
Total$(4.4)$(7.9)
Amortization of defined benefit pension and postretirement plan items:
Amortization of prior service cost$(0.4)$(1.7)See Note 10
Amortization of net actuarial loss11.7 10.1 See Note 10
Pension adjustments7.3 (1.0)See Note 10
Total before tax18.6 7.4 
Income tax impact(4.4)(1.5)
Net of tax$14.2 $5.9