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Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Apr. 01, 2023

Equity [Abstract]

After-Tax Components of and Changes in Accumulated Other Comprehensive (Loss) Income

The after-tax components of and changes in accumulated other comprehensive (loss) income for the thirteen weeks ended April 1, 2023 and three months ended March 31, 2022 were as follows:

(In millions)		Foreign Currency Adjustments				Derivative Hedging Gain (Loss)				Defined Benefit Plan Adjustments				Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2021		$	3.3			$	2.9			$	(30.8	)		$	(24.6	)
Amounts classified into accumulated other    comprehensive (loss) income			11.6				49.2				0.2				61.0
Amounts reclassified from accumulated other    comprehensive (loss) income			—				(1.1	)			—				(1.1	)
Net current-period other comprehensive (loss) income			11.6				48.1				0.2				59.9
Balance at March 31, 2022		$	14.9			$	51.0			$	(30.6	)		$	35.3
Balance at December 31, 2022		$	(12.1	)		$	93.5			$	(44.0	)		$	37.4
Amounts classified into accumulated other    comprehensive (loss) income			8.0				(5.8	)			(0.2	)			2.0
Other			—				—				6.2				6.2
Amounts reclassified from accumulated other    comprehensive (loss) income			—				(2.7	)			—				(2.7	)
Net current-period other comprehensive (loss) income			8.0				(8.5	)			6.0				5.5
Balance at April 1, 2023		$	(4.1	)		$	85.0			$	(38.0	)		$	42.9

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

The reclassifications out of accumulated other comprehensive loss for the thirteen weeks ended April 1, 2023 and three months ended March 31, 2022 were as follows:

(In millions)
Details about Accumulated Other Comprehensive Loss Components		Amount Reclassified from Accumulated Other Comprehensive Loss								Affected Line Item in the Statement of Comprehensive Income
		Thirteen Weeks Ended April 1, 2023				Three Months Ended March 31, 2022
Gains (losses) on cash flow hedges
Foreign exchange contracts		$	2.0			$	0.4			Cost of products sold
Commodity contracts			0.2				0.1			Cost of products sold
Interest rate contracts			1.1				0.2			Interest expense
			3.3				0.7			Total before tax
			(0.6	)			(0.1	)		Tax expense
		$	2.7			$	0.6			Net of tax

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- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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