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Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 28, 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 September 28, 2024:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of June 29, 2024$(269.4)$4.9 $(240.3)$(504.8)
Other comprehensive income before reclassifications79.0 — — 79.0 
Amounts reclassified from Accumulated OCI— (0.4)1.5 1.1 
Net other comprehensive income (loss)79.0 (0.4)1.5 80.1 
Balance as of September 28, 2024$(190.4)$4.5 $(238.8)$(424.7)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the nine months ended September 28, 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 income before reclassifications21.4 — — 21.4 
Amounts reclassified from Accumulated OCI— (1.2)4.6 3.4 
Net other comprehensive income (loss)21.4 (1.2)4.6 24.8 
Balance as of September 28, 2024$(190.4)$4.5 $(238.8)$(424.7)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended September 30, 2023:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of July 1, 2023$(254.2)$6.5 $(263.0)$(510.7)
Other comprehensive loss before reclassifications(52.3)— — (52.3)
Amounts reclassified from Accumulated OCI— (0.4)0.1 (0.3)
Net other comprehensive income (loss)(52.3)(0.4)0.1 (52.6)
Balance as of September 30, 2023$(306.5)$6.1 $(262.9)$(563.3)

Below is a summary of net changes in Accumulated OCI by component and net of tax for the nine months ended September 30, 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 loss before reclassifications(34.0)— — (34.0)
Amounts reclassified from Accumulated OCI— (1.2)0.2 (1.0)
Net other comprehensive income (loss)(34.0)(1.2)0.2 (35.0)
Balance as of September 30, 2023$(306.5)$6.1 $(262.9)$(563.3)

The reclassifications out of Accumulated OCI for the three and nine month periods ended September 28, 2024, and September 30, 2023, are as follows:
Amount Reclassified from Accumulated OCI
Three Months EndedNine Months Ended
(Amounts in millions)September 28, 2024September 30, 2023September 28, 2024September 30, 2023Statement of Earnings
Presentation
Gains on cash flow hedges:
Treasury locks$0.4 $0.4 $1.2 $1.2 Interest expense
Income tax expense— — — — Income tax expense
Net of tax0.4 0.4 1.2 1.2 
Amortization of net unrecognized losses
$(2.0)$(0.1)$(6.0)$(0.2)See footnote below*
Income tax benefit0.5 — 1.4 — Income tax expense
Net of tax(1.5)(0.1)(4.6)(0.2)
Total reclassifications for the period, net of tax
$(1.1)$0.3 $(3.4)$1.0 
*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.