XML 42 R26.htm IDEA: XBRL DOCUMENT
v3.22.2

ACCUMULATED OTHER COMPREHENSIVE INCOME | 9 Months Ended
--- | ---
Jul. 03, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME | ACCUMULATED OTHER COMPREHENSIVE INCOME The change in the components of AOCI for the nine month period ended July 3, 2022 was as follows:
(in millions) |  | Foreign Currency Translation |  | Derivative Instruments |  | Defined Benefit Pension |  | Total
Balance at September 30, 2021 |  | $ | (194.8) |  |  | $ | 6.4 |  |  | $ | (46.9) |  |  | $ | (235.3) |
Other comprehensive income before reclassification |  | 6.8 |  |  | 1.2 |  |  | 0.6 |  |  | 8.6 |
Net reclassification for (gain) loss to income from continuing operations |  | — |  |  | (2.1) |  |  | 1.0 |  |  | (1.1) |
Net reclassification for gain to income from discontinued operations |  | — |  |  | (0.5) |  |  | — |  |  | (0.5) |
Other comprehensive income (loss) before tax |  | 6.8 |  |  | (1.4) |  |  | 1.6 |  |  | 7.0 |
Deferred tax effect |  | (4.5) |  |  | 4.5 |  |  | (2.9) |  |  | (2.9) |
Other comprehensive income (loss), net of tax |  | 2.3 |  |  | 3.1 |  |  | (1.3) |  |  | 4.1 |
Less: other comprehensive income from discontinued operations attributable to non-controlling interest |  | 0.1 |  |  | — |  |  | — |  |  | 0.1 |
Other comprehensive income (loss) attributable to controlling interest |  | 2.2 |  |  | 3.1 |  |  | (1.3) |  |  | 4.0 |
Balance at January 2, 2022 |  | (192.6) |  |  | 9.5 |  |  | (48.2) |  |  | (231.3) |
Other comprehensive (loss) income before reclassification |  | (1.6) |  |  | 6.4 |  |  | 1.0 |  |  | 5.8 |
Net reclassification for (gain) loss to income from continuing operations |  | — |  |  | (1.5) |  |  | 1.0 |  |  | (0.5) |
Net reclassification for gain to income from discontinued operations |  | — |  |  | (0.7) |  |  | — |  |  | (0.7) |
Other comprehensive (loss) income before tax |  | (1.6) |  |  | 4.2 |  |  | 2.0 |  |  | 4.6 |
Deferred tax effect |  | (3.1) |  |  | (1.0) |  |  | (0.6) |  |  | (4.7) |
Other comprehensive (loss) income, net of tax |  | (4.7) |  |  | 3.2 |  |  | 1.4 |  |  | (0.1) |
Less: other comprehensive loss from continuing operations attributable to non-controlling interest |  | (0.1) |  |  | — |  |  | — |  |  | (0.1) |
Other comprehensive (loss) income attributable to controlling interest |  | (4.6) |  |  | 3.2 |  |  | 1.4 |  |  | — |
Balance at April 3, 2022 |  | $ | (197.2) |  |  | $ | 12.7 |  |  | $ | (46.8) |  |  | $ | (231.3) |
Other comprehensive (loss) income before reclassification |  | (26.7) |  |  | 4.3 |  |  | 2.3 |  |  | (20.1) |
Net reclassification for (gain) loss to income from continuing operations |  | — |  |  | (4.9) |  |  | 1.1 |  |  | (3.8) |
Net reclassification for gain to income from discontinued operations |  | — |  |  | (0.9) |  |  | (0.1) |  |  | (1.0) |
Other comprehensive (loss) income before tax |  | (26.7) |  |  | (1.5) |  |  | 3.3 |  |  | (24.9) |
Deferred tax effect |  | (6.6) |  |  | 0.9 |  |  | (0.9) |  |  | (6.6) |
Other comprehensive (loss) income, net of tax |  | (33.3) |  |  | (0.6) |  |  | 2.4 |  |  | (31.5) |
Less: other comprehensive loss from continuing operations attributable to non-controlling interest |  | (0.1) |  |  | — |  |  | — |  |  | (0.1) |
Less: other comprehensive loss from discontinued operations attributable to non-controlling interest |  | (0.3) |  |  | — |  |  | — |  |  | (0.3) |
Other comprehensive (loss) income attributable to controlling interest |  | (32.9) |  |  | (0.6) |  |  | 2.4 |  |  | (31.1) |
Balance at July 3, 2022 |  | $ | (230.1) |  |  | $ | 12.1 |  |  | $ | (44.4) |  |  | $ | (262.4) |
The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the periods indicated:
(in millions) |  | Three Month Period Ended July 3, 2022 |  | Nine Month Period Ended July 3, 2022
| Defined Benefit Pension |  | Derivative Instruments |  | Total |  | Defined Benefit Pension |  | Derivative Instruments |  | Total
Net Sales |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.1 |
Cost of goods sold |  | — |  |  | 4.8 |  |  | 4.8 |  |  | — |  |  | 8.4 |  |  | 8.4 |
Other non-operating expense (income), net |  | (1.1) |  |  | — |  |  | (1.1) |  |  | (3.1) |  |  | — |  |  | (3.1) |
Income from discontinued operations, net of tax |  | 0.1 |  |  | 0.9 |  |  | 1.0 |  |  | 0.1 |  |  | 2.1 |  |  | 2.2 |
The change in the components of AOCI for the nine month period ended July 4, 2021 was as follows:
(in millions) |  | Foreign Currency Translation |  | Derivative Instruments |  | Defined Benefit Pension |  | Total
Balance at September 30, 2020 |  | $ | (226.6) |  |  | $ | 3.6 |  |  | $ | (61.7) |  |  | $ | (284.7) |
Other comprehensive income (loss) income before reclassification |  | 19.4 |  |  | (12.4) |  |  | (2.2) |  |  | 4.8 |
Net reclassification for loss to income from continuing operations |  | — |  |  | 2.6 |  |  | 1.1 |  |  | 3.7 |
Net reclassification for loss to income from discontinued operations |  | — |  |  | 0.1 |  |  | — |  |  | 0.1 |
Other comprehensive income (loss) before tax |  | 19.4 |  |  | (9.7) |  |  | (1.1) |  |  | 8.6 |
Deferred tax effect |  | 5.3 |  |  | 2.5 |  |  | 0.2 |  |  | 8.0 |
Other comprehensive income (loss), net of tax |  | 24.7 |  |  | (7.2) |  |  | (0.9) |  |  | 16.6 |
Less: other comprehensive income from continuing operations attributable to non-controlling interest |  | 0.1 |  |  | — |  |  | — |  |  | 0.1 |
Less: other comprehensive income from discontinued operations attributable to non-controlling interest |  | 0.3 |  |  | — |  |  | — |  |  | 0.3 |
Other comprehensive income (loss) attributable to controlling interest |  | 24.3 |  |  | (7.2) |  |  | (0.9) |  |  | 16.2 |
Balance at January 3, 2021 |  | (202.3) |  |  | (3.6) |  |  | (62.6) |  |  | (268.5) |
Other comprehensive income before reclassification |  | 22.2 |  |  | 5.8 |  |  | 0.9 |  |  | 28.9 |
Net reclassification for loss to income from continuing operations |  | — |  |  | 3.1 |  |  | 1.1 |  |  | 4.2 |
Net reclassification for gain to income from discontinued operations |  | — |  |  | (0.1) |  |  | — |  |  | (0.1) |
Other comprehensive income before tax |  | 22.2 |  |  | 8.8 |  |  | 2.0 |  |  | 33.0 |
Deferred tax effect |  | (5.0) |  |  | (2.4) |  |  | (0.6) |  |  | (8.0) |
Other comprehensive income, net of tax |  | 17.2 |  |  | 6.4 |  |  | 1.4 |  |  | 25.0 |
Less: other comprehensive loss from continuing operations attributable to non-controlling interest |  | (0.1) |  |  | — |  |  | — |  |  | (0.1) |
Other comprehensive income attributable to controlling interest |  | 17.3 |  |  | 6.4 |  |  | 1.4 |  |  | 25.1 |
Balance at April 4, 2021 |  | (185.0) |  |  | 2.8 |  |  | (61.2) |  |  | (243.4) |
Other comprehensive income (loss) before reclassification |  | 1.0 |  |  | (1.0) |  |  | (0.2) |  |  | (0.2) |
Net reclassification for loss to income from continuing operations |  | — |  |  | 2.6 |  |  | 1.1 |  |  | 3.7 |
Net reclassification for loss to income from discontinued operations |  | — |  |  | 0.2 |  |  | (0.1) |  |  | 0.1 |
Other comprehensive income before tax |  | 1.0 |  |  | 1.8 |  |  | 0.8 |  |  | 3.6 |
Deferred tax effect |  | 0.9 |  |  | (0.4) |  |  | (0.2) |  |  | 0.3 |
Other comprehensive income, net of tax |  | 1.9 |  |  | 1.4 |  |  | 0.6 |  |  | 3.9 |
Less: other comprehensive income from discontinued operations attributable to non-controlling interest |  | 0.1 |  |  | — |  |  | — |  |  | 0.1 |
Other comprehensive income attributable to controlling interest |  | 1.8 |  |  | 1.4 |  |  | 0.6 |  |  | 3.8 |
Balance at July 4, 2021 |  | $ | (183.2) |  |  | $ | 4.2 |  |  | $ | (60.6) |  |  | $ | (239.6) |
The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the periods indicated:
(in millions) |  | Three Month Period Ended July 4, 2021 |  | Nine Month Period Ended July 4, 2021
| Defined Benefit Pension |  | Derivative Instruments |  | Total |  | Defined Benefit Pension |  | Derivative Instruments |  | Total
Net Sales |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.1 |
Cost of goods sold |  | — |  |  | (2.7) |  |  | (2.7) |  |  | — |  |  | (8.4) |  |  | (8.4) |
Other non-operating expense (income), net |  | (1.1) |  |  | — |  |  | (1.1) |  |  | (3.3) |  |  | — |  |  | (3.3) |
Income from discontinued operations, net of tax |  | 0.1 |  |  | (0.2) |  |  | (0.1) |  |  | 0.1 |  |  | (0.2) |  |  | (0.1) |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI https://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration