
(Millions of Dollars)	Currency translation adjustment and other		Losses on cash flow hedges, net of tax		Gains on net investment hedges, net of tax		Pension (losses) gains, net of tax		Total
Balance - December 28, 2024	$	(2,170.2)	$	(16.7)	$	78.4	$	(212.4)	$	(2,320.9)
Other comprehensive income (loss) before reclassifications	136.5		(8.1)		2.0		(2.7)		127.7

Reclassification adjustments to earnings	—		(0.9)		—		1.6		0.7
Net other comprehensive income (loss)	136.5		(9.0)		2.0		(1.1)		128.4
Balance - March 29, 2025	$	(2,033.7)	$	(25.7)	$	80.4	$	(213.5)	$	(2,192.5)


(Millions of Dollars)	Currency translation adjustment and other		(Losses) gains on cash flow hedges, net of tax		Gains on net investment hedges, net of tax		Pension (losses) gains, net of tax		Total
Balance - December 30, 2023	$	(1,832.3)	$	(42.5)	$	64.9	$	(259.2)	$	(2,069.1)
Other comprehensive (loss) income before reclassifications	(130.8)		5.1		6.5		1.0		(118.2)

Reclassification adjustments to earnings	—		(0.1)		—		2.1		2.0
Net other comprehensive (loss) income	(130.8)		5.0		6.5		3.1		(116.2)
Balance - March 30, 2024	$	(1,963.1)	$	(37.5)	$	71.4	$	(256.1)	$	(2,185.3)

The Company uses the portfolio method for releasing the stranded tax effects from Accumulated other comprehensive loss. The reclassifications out of Accumulated other comprehensive loss for the three months ended March 29, 2025 and March 30, 2024 were as follows:


(Millions of Dollars)	2025		2024		Affected line item in Consolidated Statements of Operations And Comprehensive Income (Loss)
Realized gains on cash flow hedges	$	3.6	$	1.7	Cost of sales
Realized losses on cash flow hedges	(1.7)		(1.5)		Interest expense
Total before taxes	$	1.9	$	0.2
Tax effect	(1.0)		(0.1)		Income taxes
Realized gains on cash flow hedges, net of tax	$	0.9	$	0.1





Amortization of defined benefit pension items:
Actuarial losses and prior service costs / credits	$	(2.1)	$	(2.8)	Other, net


Tax effect	0.5		0.7		Income taxes
Amortization of defined benefit pension items, net of tax	$	(1.6)	$	(2.1)