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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 reclassifications5.2 — — 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 reclassifications170.6 — — 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 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)
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 EndedNine Months Ended
(Amounts in millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024Statement 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 and prior service costs
$(5.3)$(2.0)$(15.9)$(6.0)See footnote below*
Income tax benefit1.3 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.