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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Total accumulated other comprehensive loss consists of net income and other changes in business equity from transactions and other events from sources other than stockholders. It includes currency translation gains and losses, realized gains and losses from derivative instruments designated as cash flow hedges, and defined benefit plan adjustments. 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)
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
202320222021
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
202320222021Affected 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