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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 3 Months Ended
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Mar. 29, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Changes in Balances to Components of Accumulated Other Comprehensive Loss | The following tables summarize the changes in the balances for each component of Accumulated other comprehensive loss:
(Millions of Dollars) |  | Currency translation adjustment and other |  | Losses on cash flow hedges, net of tax |  | Gains on net investment hedges, net of tax |  | Pension (losses) gains, net of tax |  | Total
Balance - December 28, 2024 |  | $ | (2,170.2) |  |  | $ | (16.7) |  |  | $ | 78.4 |  |  | $ | (212.4) |  |  | $ | (2,320.9) |
Other comprehensive income (loss) before reclassifications |  | 136.5 |  |  | (8.1) |  |  | 2.0 |  |  | (2.7) |  |  | 127.7 |
Reclassification adjustments to earnings |  | — |  |  | (0.9) |  |  | — |  |  | 1.6 |  |  | 0.7 |
Net other comprehensive income (loss) |  | 136.5 |  |  | (9.0) |  |  | 2.0 |  |  | (1.1) |  |  | 128.4 |
Balance - March 29, 2025 |  | $ | (2,033.7) |  |  | $ | (25.7) |  |  | $ | 80.4 |  |  | $ | (213.5) |  |  | $ | (2,192.5) |
(Millions of Dollars) |  | Currency translation adjustment and other |  | (Losses) gains on cash flow hedges, net of tax |  | Gains on net investment hedges, net of tax |  | Pension (losses) gains, net of tax |  | Total
Balance - December 30, 2023 |  | $ | (1,832.3) |  |  | $ | (42.5) |  |  | $ | 64.9 |  |  | $ | (259.2) |  |  | $ | (2,069.1) |
Other comprehensive (loss) income before reclassifications |  | (130.8) |  |  | 5.1 |  |  | 6.5 |  |  | 1.0 |  |  | (118.2) |
Reclassification adjustments to earnings |  | — |  |  | (0.1) |  |  | — |  |  | 2.1 |  |  | 2.0 |
Net other comprehensive (loss) income |  | (130.8) |  |  | 5.0 |  |  | 6.5 |  |  | 3.1 |  |  | (116.2) |
Balance - March 30, 2024 |  | $ | (1,963.1) |  |  | $ | (37.5) |  |  | $ | 71.4 |  |  | $ | (256.1) |  |  | $ | (2,185.3) |
Schedule of Reclassifications out of Accumulated Other Comprehensive Loss | The reclassifications out of Accumulated other comprehensive loss for the three months ended March 29, 2025 and March 30, 2024 were as follows:
(Millions of Dollars) |  | 2025 |  | 2024 |  | Affected line item in Consolidated Statements of Operations And Comprehensive Income (Loss)
Realized gains on cash flow hedges |  | $ | 3.6 |  |  | $ | 1.7 |  |  | Cost of sales
Realized losses on cash flow hedges |  | (1.7) |  |  | (1.5) |  |  | Interest expense
Total before taxes |  | $ | 1.9 |  |  | $ | 0.2 |  |  |
Tax effect |  | (1.0) |  |  | (0.1) |  |  | Income taxes
Realized gains on cash flow hedges, net of tax |  | $ | 0.9 |  |  | $ | 0.1 |  |  |
Amortization of defined benefit pension items: |  |  |  |  |  |
Actuarial losses and prior service costs / credits |  | $ | (2.1) |  |  | $ | (2.8) |  |  | Other, net
Tax effect |  | 0.5 |  |  | 0.7 |  |  | Income taxes
Amortization of defined benefit pension items, net of tax |  | $ | (1.6) |  |  | $ | (2.1) |  |  |

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