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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 29, 2025
Equity [Abstract]  
Schedule of Net Changes in Accumulated OCI by Component, Net of Tax
Below is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended March 29, 2025:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow
Hedges
Defined
Benefit
Pension and
Postretirement
Plans
Total
Balance as of December 28, 2024$(320.6)$4.0 $(258.4)$(575.0)
Other comprehensive income before reclassifications72.0 — — 72.0 
Amounts reclassified from Accumulated OCI— (0.4)3.9 3.5 
Net other comprehensive income (loss)72.0 (0.4)3.9 75.5 
Balance as of March 29, 2025$(248.6)$3.6 $(254.5)$(499.5)
Below is a summary of net changes in Accumulated OCI by component and net of tax for the three months ended March 30, 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(44.8)— — (44.8)
Amounts reclassified from Accumulated OCI— (0.4)1.4 1.0 
Net other comprehensive income (loss)(44.8)(0.4)1.4 (43.8)
Balance as of March 30, 2024$(256.6)$5.3 $(242.0)$(493.3)
Schedule of Reclassifications Out of Accumulated OCI
The reclassifications out of Accumulated OCI for the three month periods ended March 29, 2025, and March 30, 2024, are as follows:
Amount Reclassified from Accumulated OCI
Three Months Ended
(Amounts in millions)March 29, 2025March 30, 2024Statement of Earnings
Presentation
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:
$(5.2)$(1.8)See footnote below*
Income tax benefit1.3 0.4 Income tax expense
Net of tax(3.9)(1.4)
Total reclassifications for the period, net of tax
$(3.5)$(1.0)
*These Accumulated OCI components are included in the computation of net periodic pension and postretirement health care costs; see Note 9 and Note 10 for additional information.