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Accumulated Other Comprehensive Loss (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The after-tax components of and changes in accumulated other comprehensive loss were as follows:
(U.S. Dollars presented in millions) |  | Foreign Currency Adjustments |  | Derivative Hedging Gain (Loss) |  | Pension and Other Postretirement Plans Adjustments |  | Accumulated Other Comprehensive (Loss) Income
Balance at December 27, 2020 |  | $ | 2.8 |  |  | $ | 2.5 |  |  | $ | (13.0) |  |  | $ | (7.7) |
Amounts classified into accumulated other comprehensive (loss) income . |  | (0.9) |  |  | 0.5 |  |  | 7.1 |  |  | 6.7 |
Amounts reclassified into earnings |  | — |  |  | (2.9) |  |  | — |  |  | (2.9) |
Net current period other comprehensive (loss) income |  | (0.9) |  |  | (2.4) |  |  | 7.1 |  |  | 3.8 |
Balance at December 26, 2021 |  | $ | 1.9 |  |  | $ | 0.1 |  |  | $ | (5.9) |  |  | $ | (3.9) |
Amounts classified into accumulated other comprehensive (loss) income |  | (9.9) |  |  | 7.2 |  |  | (4.5) |  |  | (7.2) |
Amounts reclassified into earnings |  | — |  |  | (4.5) |  |  | 1.1 |  |  | (3.4) |
Net current period other comprehensive (loss) income |  | (9.9) |  |  | 2.7 |  |  | (3.4) |  |  | (10.6) |
Balance at December 25, 2022 |  | $ | (8.0) |  |  | $ | 2.8 |  |  | $ | (9.3) |  |  | $ | (14.5) |
Amounts classified into accumulated other comprehensive (loss) income. |  | 12.1 |  |  | 9.6 |  |  | (3.1) |  |  | 18.6 |
Amounts reclassified into earnings |  | — |  |  | (10.2) |  |  | 2.4 |  |  | (7.8) |
Net current period other comprehensive (loss) income |  | 12.1 |  |  | (0.6) |  |  | (0.7) |  |  | 10.8 |
Balance at December 31, 2023 |  | $ | 4.1 |  |  | $ | 2.2 |  |  | $ | (10.0) |  |  | $ | (3.7) |
Reclassification out of Accumulated Other Comprehensive Income | The amounts recorded in accumulated other comprehensive loss for the years ended December 31, 2023, December 25, 2022, and December 26, 2021 were as follows:
(U.S. Dollars presented in millions) |  |
Details about Accumulated Other Comprehensive Loss Components |  | 2023 |  | 2022 |  | 2021 |  |
Foreign currency translation adjustments |  | $ | 12.1 |  |  | $ | (9.9) |  |  | $ | (0.9) |  |  |
|  | — |  |  | — |  |  | — |  |  | Tax expense
|  | $ | 12.1 |  |  | $ | (9.9) |  |  | $ | (0.9) |  |  | Net of tax
Cash flow hedges |  |  |  |  |  |  |  |
Unrealized holding gains arising during period |  | $ | 9.6 |  |  | $ | 7.2 |  |  | $ | 0.5 |  |  |
|  | — |  |  | — |  |  | — |  |  | Tax expense
|  | $ | 9.6 |  |  | $ | 7.2 |  |  | $ | 0.5 |  |  | Net of tax
Pension and Other Postretirement Plans items |  |  |  |  |  |  |  |
Net actuarial (losses) gains arising during period |  | $ | (4.1) |  |  | $ | (6.1) |  |  | $ | 9.4 |  |  |
|  | 1.0 |  |  | 1.6 |  |  | (2.3) |  |  | Tax benefit (expense)
|  | $ | (3.1) |  |  | $ | (4.5) |  |  | $ | 7.1 |  |  | Net of tax
Total amounts recorded in accumulated other comprehensive loss for the period |  | $ | 18.6 |  |  | $ | (7.2) |  |  | $ | 6.7 |  |  | Net of tax
The reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2023, December 25, 2022, and December 26, 2021 were as follows:
(U.S. Dollars presented in millions) |  |
Details about Accumulated Other Comprehensive Loss Components |  | 2023 |  | 2022 |  | 2021 |  | Affected Line Item in the Consolidated Statements of Income
Cash flow hedges |  |  |  |  |  |  |  |
Reclassification adjustment for gains included in net income |  | $ | (10.2) |  |  | $ | (4.5) |  |  | $ | (2.9) |  |  | Cost of products sold
|  | — |  |  | — |  |  | — |  |  | Tax expense
|  | $ | (10.2) |  |  | $ | (4.5) |  |  | $ | (2.9) |  |  | Net of tax
Pension and Other Postretirement Plans items |  |  |  |  |  |  |  |
Amortization of net actuarial loss and curtailment |  | $ | 3.2 |  |  | $ | 1.7 |  |  | $ | — |  |  | Other expense, net
|  | (0.8) |  |  | (0.6) |  |  | — |  |  | Tax benefit
|  | $ | 2.4 |  |  | $ | 1.1 |  |  | $ | — |  |  | Net of tax
Total reclassifications for the period |  | $ | (7.8) |  |  | $ | (3.4) |  |  | $ | (2.9) |  |  | Net of tax

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