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Accumulated Other Comprehensive Income (Loss) - (Tables)
3 Months Ended
Apr. 02, 2022
Equity [Abstract]  
Net Changes in Accumulated OCI by Component, Net of Tax
The following is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended April 2, 2022:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of January 1, 2022$(145.1)$8.9 $(207.7)$(343.9)
Other comprehensive loss before reclassifications(9.7)— — (9.7)
Amounts reclassified from Accumulated OCI— (0.4)3.4 3.0 
Net other comprehensive income (loss)(9.7)(0.4)3.4 (6.7)
Balance as of April 2, 2022$(154.8)$8.5 $(204.3)$(350.6)
The following is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended April 3, 2021:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of January 2, 2021$(74.7)$10.5 $(301.6)$(365.8)
Other comprehensive loss before reclassifications(29.0)— — (29.0)
Amounts reclassified from Accumulated OCI— (0.4)6.9 6.5 
Net other comprehensive income (loss)(29.0)(0.4)6.9 (22.5)
Balance as of April 3, 2021$(103.7)$10.1 $(294.7)$(388.3)
Reclassifications Out of Accumulated OCI
The reclassifications out of Accumulated OCI for the three month periods ended April 2, 2022, and April 3, 2021, are as follows:
Amount Reclassified from Accumulated OCI
Three Months Ended
April 2, 2022April 3, 2021Statement of Earnings
Presentation
(Amounts in millions)
Gains on cash flow hedges:
Treasury locks$0.4 $0.4 Interest expense
Income tax expense— — Income tax expense
Net of tax0.4 0.4 
Amortization of net unrecognized losses
$(4.5)$(9.1)See footnote below*
Income tax benefit1.1 2.2 Income tax expense
Net of tax(3.4)(6.9)
Total reclassifications for the period, net of tax
$(3.0)$(6.5)
*These Accumulated OCI components are included in the computation of net periodic pension and postretirement health care costs; see Note 11 and Note 12 for further information.