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Equity - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Sep. 30, 2022 | Jul. 01, 2022 | Apr. 01, 2022 | Oct. 01, 2021 | Jul. 02, 2021 | Apr. 02, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  |  |  |  |  | $ 2,460,735 |  | $ (421,445) |  | $ (425,709) |  | $ (396,203) |
Other comprehensive income (loss) before reclassifications |  | $ (88,499) |  | $ (100,143) |  | (44,681) |  | (36,131) |  | 4,056 |  | (29,726) |
Foreign currency translation adjustment |  | (97,649) |  | (100,143) |  | (44,681) |  |  |  |  |  |  |
Unrealized gain on cash flow hedges |  | 9,150 |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from Accumulated other comprehensive loss |  | 1,576 | [1],[2] | 770 | [2] | 786 | [2] | 270 | [3] | 208 | [3] | 220 | [3]
Amounts contributed by Former Parent | [4] |  |  |  |  | (59,263) |  |  |  |  |  |  |
Net current period Other comprehensive loss |  | (86,923) |  | (99,373) |  | (103,158) |  | (35,861) |  | 4,264 |  | (29,506) |
Ending balance |  | 1,209,185 |  |  |  |  |  | (457,306) |  | (421,445) |  | (425,709) |
Total |  |  |  |  |  |  |  |  |  |  |  |  |
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | (663,419) |  | (564,046) |  | (460,888) |  |  |  |  |  |  |
Ending balance |  | (750,342) |  | (663,419) |  | (564,046) |  |  |  |  |  |  |
Net Unrecognized Pension And Other Post-Retirement Benefit Cost |  |  |  |  |  |  |  |  |  |  |  |  |
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | (71,008) |  | (70,424) |  | (21,196) |  | (28,364) |  | (28,446) |  | (29,378) |
Other comprehensive income (loss) before reclassifications |  | 3,685 |  | (1,354) |  | 490 |  | 508 |  | (126) |  | 712 |
Foreign currency translation adjustment |  | 3,685 |  | (1,354) |  | 490 |  |  |  |  |  |  |
Unrealized gain on cash flow hedges |  | 0 |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from Accumulated other comprehensive loss |  | 766 | [1],[2] | 770 | [2] | 786 | [2] | 270 | [3] | 208 | [3] | 220 | [3]
Amounts contributed by Former Parent | [4] |  |  |  |  | (50,504) |  |  |  |  |  |  |
Net current period Other comprehensive loss |  | 4,451 |  | (584) |  | (49,228) |  | 778 |  | 82 |  | 932 |
Ending balance |  | (66,557) |  | (71,008) |  | (70,424) |  | (27,586) |  | (28,364) |  | (28,446) |
Foreign Currency Translation Adjustment |  |  |  |  |  |  |  |  |  |  |  |  |
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | (592,411) |  | (493,622) |  | (439,692) |  | (393,081) |  | (397,263) |  | (366,825) |
Other comprehensive income (loss) before reclassifications |  | (108,755) |  | (98,789) |  | (45,171) |  | (36,639) |  | 4,182 |  | (30,438) |
Foreign currency translation adjustment |  | (108,755) |  | (98,789) |  | (45,171) |  |  |  |  |  |  |
Unrealized gain on cash flow hedges |  | 0 |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from Accumulated other comprehensive loss |  | 0 | [1],[2] | 0 | [2] | 0 | [2] | 0 | [3] | 0 | [3] | 0 | [3]
Amounts contributed by Former Parent | [4] |  |  |  |  | (8,759) |  |  |  |  |  |  |
Net current period Other comprehensive loss |  | (108,755) |  | (98,789) |  | (53,930) |  | (36,639) |  | 4,182 |  | (30,438) |
Ending balance |  | (701,166) |  | (592,411) |  | (493,622) |  | $ (429,720) |  | $ (393,081) |  | $ (397,263) |
Gains on Net Investment Hedges |  |  |  |  |  |  |  |  |  |  |  |  |
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | 0 |  | 0 |  | 0 |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications |  | 7,421 |  | 0 |  | 0 |  |  |  |  |  |  |
Foreign currency translation adjustment |  | 7,421 |  | 0 |  | 0 |  |  |  |  |  |  |
Unrealized gain on cash flow hedges |  | 0 |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from Accumulated other comprehensive loss | [2] | 0 | [1] | 0 |  | 0 |  |  |  |  |  |  |
Amounts contributed by Former Parent | [4] |  |  |  |  | 0 |  |  |  |  |  |  |
Net current period Other comprehensive loss |  | 7,421 |  | 0 |  | 0 |  |  |  |  |  |  |
Ending balance |  | 7,421 |  | 0 |  | 0 |  |  |  |  |  |  |
Gains on Cash Flow Hedges |  |  |  |  |  |  |  |  |  |  |  |  |
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | 0 |  | 0 |  | 0 |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications |  | 9,150 |  | 0 |  | 0 |  |  |  |  |  |  |
Foreign currency translation adjustment |  | 0 |  | 0 |  | 0 |  |  |  |  |  |  |
Unrealized gain on cash flow hedges |  | 9,150 |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from Accumulated other comprehensive loss | [2] | 810 | [1] | 0 |  | 0 |  |  |  |  |  |  |
Amounts contributed by Former Parent | [4] |  |  |  |  | 0 |  |  |  |  |  |  |
Net current period Other comprehensive loss |  | 9,960 |  | 0 |  | 0 |  |  |  |  |  |  |
Ending balance |  | $ 9,960 |  | $ 0 |  | $ 0 |  |  |  |  |  |  |
[1] | During the three months ended September 30, 2022, the amount on this line within the Gains on Cash Flow Hedge column, is a component of Interest expense (income) and other, net. See Note 10, “Derivatives”, for additional details.
[2] | The amounts on this line within the Net Unrecognized Pension And Other Post-Retirement Benefit Cost column are included in the computation of net periodic benefit cost. See Note 8, “Benefit Plans” for additional details.
[3] | Included in the computation of net periodic benefit cost. See Note 8, “Benefit Plans” for additional details.
[4] | Includes unrecognized pension and other post-retirement costs and accumulated currency translation adjustments of certain entities which were part of the Corporate segment of the Former Parent and were transferred to ESAB Corporation in anticipation of the Separation. See Note 1, “Organization and Basis of Presentation” for more information on the entities contributed from the Former Parent.

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