XML 52 R41.htm IDEA: XBRL DOCUMENT
v3.25.3

Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
--- | ---
Sep. 27, 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 September 27, 2025:
(Amounts in millions) | Foreign Currency Translation |  | Cash Flow Hedges |  | Defined Benefit Pension and Postretirement Plans |  | Total
Balance as of June 28, 2025 | $ | (155.2) |  |  | $ | 3.2 |  |  | $ | (250.5) |  |  | $ | (402.5) |
Other comprehensive income before reclassifications | 5.2 |  |  | — |  |  | — |  |  | 5.2 |
Amounts reclassified from Accumulated OCI | — |  |  | (0.4) |  |  | 4.0 |  |  | 3.6 |
Net other comprehensive income (loss) | 5.2 |  |  | (0.4) |  |  | 4.0 |  |  | 8.8 |
Balance as of September 27, 2025 | $ | (150.0) |  |  | $ | 2.8 |  |  | $ | (246.5) |  |  | $ | (393.7) |
Below is a summary of net changes in Accumulated OCI by component and net of tax for the nine months ended September 27, 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 reclassifications | 170.6 |  |  | — |  |  | — |  |  | 170.6 |
Amounts reclassified from Accumulated OCI | — |  |  | (1.2) |  |  | 11.9 |  |  | 10.7 |
Net other comprehensive income (loss) | 170.6 |  |  | (1.2) |  |  | 11.9 |  |  | 181.3 |
Balance as of September 27, 2025 | $ | (150.0) |  |  | $ | 2.8 |  |  | $ | (246.5) |  |  | $ | (393.7) |
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 reclassifications | 79.0 |  |  | — |  |  | — |  |  | 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 reclassifications | 21.4 |  |  | — |  |  | — |  |  | 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) |
Schedule of Reclassifications Out of Accumulated OCI | The reclassifications out of Accumulated OCI for the three and nine month periods ended September 27, 2025, and September 28, 2024, are as follows:
| Amount Reclassified from Accumulated OCI |  |
| Three Months Ended |  | Nine Months Ended |  |
(Amounts in millions) | September 27, 2025 |  | September 28, 2024 |  | September 27, 2025 |  | September 28, 2024 |  | Statement 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 tax | 0.4 |  |  | 0.4 |  |  | 1.2 |  |  | 1.2 |  |  |
Amortization of net unrecognized losses and prior service costs | $ | (5.3) |  |  | $ | (2.0) |  |  | $ | (15.9) |  |  | $ | (6.0) |  |  | See footnote below*
Income tax benefit | 1.3 |  |  | 0.5 |  |  | 4.0 |  |  | 1.4 |  |  | Income tax expense
Net of tax | (4.0) |  |  | (1.5) |  |  | (11.9) |  |  | (4.6) |  |  |
Total reclassifications for the period, net of tax | $ | (3.6) |  |  | $ | (1.1) |  |  | $ | (10.7) |  |  | $ | (3.4) |  |  |
* | 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.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration