XML 53 R38.htm IDEA: XBRL DOCUMENT v3.24.0.1
Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables)
 12 Months Ended
Dec. 30, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income Loss Table
The following table summarizes the components of accumulated other comprehensive income (loss) and the changes in accumulated other comprehensive income (loss), net of tax, as applicable:
Foreign Currency
Translation Adjustment		Unrealized Gains
(Losses) on Debt
Securities		Pension and Post-retirement
Liabilities		Derivative Financial
Instruments		Accumulated Other
Comprehensive Income (Loss)
Balance as of January 2, 2021$(1.1)$0.4 $(6.7)$(1.8)$(9.2)
Other comprehensive income (loss) before reclassifications0.4 (0.3)1.2 0.4 1.7 
Tax (expense) or benefit— 0.1 (0.3)(0.1)(0.3)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— (0.0)0.3 0.7 1.1 
Balance as of January 1, 2022$(0.7)$0.1 $(5.4)$(0.7)$(6.8)
Other comprehensive income (loss) before reclassifications(2.4)(0.9)5.3 1.1 3.2 
Tax (expense) or benefit— 0.2 (1.3)(0.3)(1.3)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax(3.3)(0.0)0.2 (0.0)(3.1)
Balance as of December 31, 2022$(6.4)$(0.6)$(1.1)$0.1 $(8.0)
Other comprehensive income (loss) before reclassifications(0.2)0.3 (0.2)(3.4)(3.5)
Tax (expense) or benefit— (0.1)0.1 0.8 0.8 
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— 0.1 0.1 (0.2)0.0 
Balance as of December 30, 2023$(6.5)$(0.3)$(1.2)$(2.7)$(10.6)
Amounts in parentheses indicate reductions to equity.
Schedule of Reclassification out of Accumulated Other Comprehensive Income
The following table details the reclassifications from accumulated other comprehensive income (loss):
Details about Accumulated Other Comprehensive Income (Loss) ComponentsAffected Line Item in the Statement Where Net Income is Presented202320222021
Derivative financial instruments
Interest rate swapsInterest expense, net$0.2 $0.1 $(1.0)
Income tax expense(0.1)(0.0)0.2 
Unrealized gains (losses) on debt securities
Gain (loss) on sale of debt securitiesSelling and administrative expenses(0.1)0.0 0.0 
Income tax expense0.0 (0.0)(0.0)
Pension and post-retirement liabilities
Amortization of lossSelling and administrative expenses(0.1)(0.3)(0.5)
Income tax expense0.0 0.1 0.1 
Foreign currency translation
Lamex divestitureGain on sale of subsidiary— 3.3 — 
Net of tax$(0.0)$3.1 $(1.1)
Amounts in parentheses indicate reductions to profit.
Schedule of Dividends Declared and Paid Per Share
The Corporation declared and paid cash dividends per common share as follows:
202320222021
Dividends per common shares$1.28 $1.27 $1.24 
Schedule of Stock by Class The following table provides the average price per share issued under the MSPP:
202320222021
Average price per share$27.15 $26.50 $34.49 
Schedule of Repurchase Agreements The following table summarizes shares repurchased and settled by the Corporation:
202320222021
Shares repurchased0.0 1.7 1.5 
Average price per share$41.98 $38.11 $39.89 
Cash purchase price$(0.4)$(63.9)$(60.4)
Purchases unsettled as of year end0.1 — 1.3 
Prior year purchases settled in current year— (1.3)— 
Shares repurchased per cash flow$(0.3)$(65.2)$(59.2)