v3.25.4
Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Jan. 03, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The following is a summary of net changes in Accumulated OCI by component and net of tax for 2025 and 2024:
(Amounts in millions)Foreign
Currency
Translation
Cash Flow HedgesDefined
Benefit
Pension and
Postretirement
Plans
Total
Balance at beginning of 2024$(211.8)$5.7 $(243.4)$(449.5)
Other comprehensive loss before reclassifications(108.8)— (21.1)(129.9)
Amounts reclassified from Accumulated OCI— (1.7)6.1 4.4 
Net other comprehensive loss(108.8)(1.7)(15.0)(125.5)
Balance as of 2024 year end$(320.6)$4.0 $(258.4)$(575.0)
Other comprehensive income before reclassifications182.3 — 23.6 205.9 
Amounts reclassified from Accumulated OCI— (1.7)16.0 14.3 
Net other comprehensive income (loss)182.3 (1.7)39.6 220.2 
Balance as of 2025 year end$(138.3)$2.3 $(218.8)$(354.8)
The reclassifications out of Accumulated OCI in 2025 and 2024 are as follows:
  
Amounts Reclassified from
Accumulated OCI
Statement of Earnings
Presentation
(Amounts in millions)20252024 
Gains on cash flow hedges:
Treasury locks$1.7 $1.7 Interest expense
Income tax expense— — Income tax expense
Net of tax1.7 1.7 
Amortization or settlement recognition of net unrecognized losses and net prior service costs
(21.3)(8.1)See footnote below*
Income tax benefit5.3 2.0 Income tax expense
Net of tax(16.0)(6.1)
Total reclassifications for the period, net of tax$(14.3)$(4.4)
*These Accumulated OCI components are included in the computation of net periodic pension and postretirement health care costs; see Note 11 and Note 12 for additional information.