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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Sep. 29, 2023
Equity [Abstract] |
Schedule of accumulated other comprehensive income (loss) | The following table includes the changes in accumulated other comprehensive loss by component (U.S. dollars in millions):
| Changes in Accumulated Other Comprehensive Loss by Component (1)
| Cash Flow Hedges |  | Foreign Currency Translation Adjustment |  | Retirement Benefit Adjustment |  | Total
| Nine months ended September 29, 2023
Balance at December 30, 2022 | $ | 6.0 |  |  | $ | (36.0) |  |  | $ | (11.5) |  |  | $ | (41.5) |
Other comprehensive income (loss) before reclassifications | 14.3 |  | (3) | (2.8) |  | (2) | — |  |  | 11.5 |
Amounts reclassified from accumulated other comprehensive loss | (5.2) |  |  | — |  |  | 0.4 |  |  | (4.8) |
Net current period other comprehensive income (loss) | 9.1 |  |  | (2.8) |  |  | 0.4 |  |  | 6.7 |
Balance at September 29, 2023 | $ | 15.1 |  |  | $ | (38.8) |  |  | $ | (11.1) |  |  | $ | (34.8) |
| Nine months ended September 30, 2022
Balance at December 31, 2021 | $ | (40.9) |  |  | $ | (17.4) |  |  | $ | (8.6) |  |  | $ | (66.9) |
Other comprehensive income (loss) before reclassifications | 66.4 |  | (3) | (35.5) |  | (2) | 0.2 |  |  | 31.1 |
Amounts reclassified from accumulated other comprehensive loss | (10.4) |  |  | — |  |  | 1.0 |  |  | (9.4) |
Net current period other comprehensive income (loss) | 56.0 |  |  | (35.5) |  |  | 1.2 |  |  | 21.7 |
Balance at September 30, 2022 | $ | 15.1 |  |  | $ | (52.9) |  |  | $ | (7.4) |  |  | $ | (45.2) |
(1) All amounts are net of tax and noncontrolling interest. (2) Includes losses of $2.7 million and $11.0 million for the nine months ended September 29, 2023 and nine months ended September 30, 2022, respectively, on intra-entity foreign currency transactions that are of a long-term-investment nature. (3) Includes a tax effect of $1.5 million and $(5.7) million for the nine months ended September 29, 2023 and nine months ended September 30, 2022, respectively.
Amounts reclassified from accumulated other comprehensive (loss) income | The following table includes details about amounts reclassified from accumulated other comprehensive loss by component (U.S. dollars in millions):
|  | Amount of (gain) loss reclassified from accumulated other comprehensive loss |  |
|  | September 29, 2023 |  | September 30, 2022 |  |
Details about accumulated other comprehensive loss components |  | Quarter ended |  | Nine months ended |  | Quarter ended |  | Nine months ended |  | Affected line item in the statement where net income is presented
Cash flow hedges: |  |  |  |  |  |  |  |  |  |
Designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Foreign currency cash flow hedges |  | $ | (1.0) |  |  | $ | (1.2) |  |  | $ | (10.4) |  |  | $ | (19.8) |  |  | Net sales
Foreign currency cash flow hedges |  | 0.1 |  |  | 2.2 |  |  | (0.2) |  |  | 3.9 |  |  | Cost of products sold
Interest rate swaps |  | (2.3) |  |  | (6.2) |  |  | 0.7 |  |  | 5.5 |  |  | Interest expense
Total |  | $ | (3.2) |  |  | $ | (5.2) |  |  | $ | (9.9) |  |  | $ | (10.4) |  |  |
Amortization of retirement benefits: |  |  |  |  |  |  |  |  |  |
Actuarial losses |  | 0.1 |  |  | 0.4 |  |  | 0.2 |  |  | 0.6 |  |  | Other expense, net
Curtailment and settlement losses |  | — |  |  | — |  |  | 0.4 |  |  | 0.4 |  |  | Other expense, net
Total |  | $ | 0.1 |  |  | $ | 0.4 |  |  | $ | 0.6 |  |  | $ | 1.0 |  |  |

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