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Accumulated Other Comprehensive Loss (Tables) | 6 Months Ended
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Jun. 01, 2025
Equity [Abstract] |
Schedule of accumulated other comprehensive loss | The following is a summary of the components of "Accumulated other comprehensive loss," net of related income taxes:
| Three Months Ended June 1, 2025
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |  |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at March 2, 2025 | $ | (139.9) |  |  | $ | 2.4 |  |  | $ | (289.7) |  |  |  |  | $ | (427.2) |
Other comprehensive (loss) income before reclassifications | (0.2) |  |  | (58.7) |  |  | 74.7 |  |  |  |  | 15.8 |
Amounts reclassified from accumulated other comprehensive loss | 1.7 |  |  | (3.4) |  |  | — |  |  |  |  | (1.7) |
Net increase (decrease) in other comprehensive (loss) income | 1.5 |  |  | (62.1) |  |  | 74.7 |  |  |  |  | 14.1 |
Accumulated other comprehensive loss at June 1, 2025 | $ | (138.4) |  |  | $ | (59.7) |  |  | $ | (215.0) |  |  |  |  | $ | (413.1) |
| Six Months Ended June 1, 2025
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |  |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at December 1, 2024 | $ | (141.2) |  |  | $ | (9.0) |  |  | $ | (284.3) |  |  |  |  | $ | (434.5) |
Other comprehensive (loss) income before reclassifications | (0.7) |  |  | (49.7) |  |  | 69.3 |  |  |  |  | $ | 18.9 |
Amounts reclassified from accumulated other comprehensive loss | 3.5 |  |  | (1.0) |  |  | — |  |  |  |  | $ | 2.5 |
Net increase (decrease) in other comprehensive (loss) income | 2.8 |  |  | (50.7) |  |  | 69.3 |  |  |  |  | 21.4 |
Accumulated other comprehensive loss at June 1, 2025 | $ | (138.4) |  |  | $ | (59.7) |  |  | $ | (215.0) |  |  |  |  | $ | (413.1) |
___________ (1)Amounts reclassified were recorded in “Other income (expense), net”. (2)Amounts reclassified were recorded within “Net revenues” and “Cost of goods sold”. For more information, refer to Note 4.
| Three Months Ended May 26, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at February 25, 2024 | $ | (151.7) |  |  | $ | (30.3) |  |  | $ | (201.3) |  |  | $ | (383.3) |
Other comprehensive (loss) income before reclassifications | (0.9) |  |  | (3.6) |  |  | 4.0 |  |  | (0.5) |
Amounts reclassified from accumulated other comprehensive loss | 2.4 |  |  | 6.7 |  |  | — |  |  | 9.1 |
Net increase (decrease) in other comprehensive income (loss) | 1.5 |  |  | 3.1 |  |  | 4.0 |  |  | 8.6 |
Accumulated other comprehensive loss at May 26, 2024 | $ | (150.2) |  |  | $ | (27.2) |  |  | $ | (197.3) |  |  | $ | (374.7) |
| Six Months Ended May 26, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at November 26, 2023 | $ | (153.2) |  |  | $ | (42.0) |  |  | $ | (195.7) |  |  | $ | (390.9) |
Other comprehensive (loss) income before reclassifications | (1.4) |  |  | (3.2) |  |  | (1.6) |  |  | (6.2) |
Amounts reclassified from accumulated other comprehensive loss | 4.4 |  |  | 18.0 |  |  | — |  |  | 22.4 |
Net increase (decrease) in other comprehensive (loss) income | 3.0 |  |  | 14.8 |  |  | (1.6) |  |  | 16.2 |
Accumulated other comprehensive loss at May 26, 2024 | $ | (150.2) |  |  | $ | (27.2) |  |  | $ | (197.3) |  |  | $ | (374.7) |
_____________ (1)Amounts reclassified were recorded in “Other income (expense), net”. (2)Amounts reclassified were recorded within “Net revenues” and “Cost of goods sold”. For more information, refer to Note 4.

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