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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 29, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended June 29, 2024:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of March 30, 2024$(256.6)$5.3 $(242.0)$(493.3)
Other comprehensive loss before reclassifications(12.8)— — (12.8)
Amounts reclassified from Accumulated OCI— (0.4)1.7 1.3 
Net other comprehensive income (loss)(12.8)(0.4)1.7 (11.5)
Balance as of June 29, 2024$(269.4)$4.9 $(240.3)$(504.8)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the six months ended June 29, 2024:

(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of December 30, 2023$(211.8)$5.7 $(243.4)$(449.5)
Other comprehensive loss before reclassifications(57.6)— — (57.6)
Amounts reclassified from Accumulated OCI— (0.8)3.1 2.3 
Net other comprehensive income (loss)(57.6)(0.8)3.1 (55.3)
Balance as of June 29, 2024$(269.4)$4.9 $(240.3)$(504.8)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended July 1, 2023:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of April 1, 2023$(254.4)$6.9 $(263.1)$(510.6)
Other comprehensive income before reclassifications0.2 — — 0.2 
Amounts reclassified from Accumulated OCI— (0.4)0.1 (0.3)
Net other comprehensive income (loss)0.2 (0.4)0.1 (0.1)
Balance as of July 1, 2023$(254.2)$6.5 $(263.0)$(510.7)

Below is a summary of net changes in Accumulated OCI by component and net of tax for the six months ended July 1, 2023:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of December 31, 2022$(272.5)$7.3 $(263.1)$(528.3)
Other comprehensive income before reclassifications18.3 — — 18.3 
Amounts reclassified from Accumulated OCI— (0.8)0.1 (0.7)
Net other comprehensive income (loss)18.3 (0.8)0.1 17.6 
Balance as of July 1, 2023$(254.2)$6.5 $(263.0)$(510.7)

The reclassifications out of Accumulated OCI for the three and six month periods ended June 29, 2024, and July 1, 2023, are as follows:
Amount Reclassified from Accumulated OCI
Three Months EndedSix Months Ended
(Amounts in millions)June 29, 2024July 1, 2023June 29, 2024July 1, 2023Statement of Earnings
Presentation
Gains on cash flow hedges:
Treasury locks$0.4 $0.4 $0.8 $0.8 Interest expense
Income tax expense— — — — Income tax expense
Net of tax0.4 0.4 0.8 0.8 
Amortization of net unrecognized losses
$(2.2)$(0.1)$(4.0)$(0.1)See footnote below*
Income tax benefit0.5 — 0.9 — Income tax expense
Net of tax(1.7)(0.1)(3.1)(0.1)
Total reclassifications for the period, net of tax
$(1.3)$0.3 $(2.3)$0.7 
*These Accumulated OCI components are included in the computation of net periodic pension and postretirement health care costs; see Note 10 and Note 11 for additional information.