Accumulated Other Comprehensive Income (Loss) (Tables)

The changes in accumulated other comprehensive income (loss) (“AOCI”) by component, net of tax, as applicable, for the second quarter and six months ended June 29, 2025, and June 30, 2024, are as follows (in millions):


	Foreign Currency Translation		Cash Flow Hedges		Pension and Postretirement Benefits		Total
Balance at March 30, 2025	$	(451.5)	$	(0.9)	$	(233.9)	$	(686.3)
Other comprehensive income (loss) before reclassifications	224.4		2.6		—		227.0
Amounts reclassified from AOCI	—		(0.1)		1.7		1.6
Net other comprehensive income (loss)	224.4		2.5		1.7		228.6
Balance at June 29, 2025	$	(227.1)	$	1.6	$	(232.2)	$	(457.7)

	Foreign Currency Translation		Cash Flow Hedges		Pension and Postretirement Benefits		Total
Balance at March 31, 2024	$	(481.5)	$	4.0	$	(247.5)	$	(725.0)
Other comprehensive income (loss) before reclassifications	(5.8)		(2.0)		—		(7.8)
Amounts reclassified from AOCI	—		(0.3)		2.1		1.8
Net other comprehensive income (loss)	(5.8)		(2.3)		2.1		(6.0)
Balance at June 30, 2024	$	(487.3)	$	1.7	$	(245.4)	$	(731.0)

	Foreign Currency Translation		Cash Flow Hedges and Other		Pension and Postretirement Benefits		Total
Balance at December 29, 2024	$	(602.3)	$	(2.2)	$	(235.4)	$	(839.9)
Other comprehensive income (loss) before reclassifications	375.2		3.2		—		378.4
Amounts reclassified from AOCI	—		0.6		3.2		3.8
Net other comprehensive income (loss)	375.2		3.8		3.2		382.2
Balance at June 29, 2025	$	(227.1)	$	1.6	$	(232.2)	$	(457.7)

	Foreign Currency Translation		Cash Flow Hedges and Other		Pension and Postretirement Benefits		Total
Balance at December 31, 2023	$	(392.7)	$	8.2	$	(249.6)	$	(634.1)
Other comprehensive income (loss) before reclassifications	(94.6)		0.7		—		(93.9)
Amounts reclassified from AOCI	—		(7.2)		4.2		(3.0)
Net other comprehensive income (loss)	(94.6)		(6.5)		4.2		(96.9)
Balance at June 30, 2024	$	(487.3)	$	1.7	$	(245.4)	$	(731.0)

The reclassifications out of AOCI to net income for the second quarter ended June 29, 2025, and June 30, 2024 are as follows (in millions):


	Amount Reclassified from AOCI for the Quarter Ended June 29, 2025		Amount Reclassified from AOCI for the Quarter Ended June 30, 2024		Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives	$	(0.1)	$	(0.4)	See Note 13
Income tax impact	—		0.1		Provision for income taxes
Total	$	(0.1)	$	(0.3)

Amortization of defined benefit pension and postretirement plan items:
Amortization of prior service cost	$	—	$	(0.1)	Costs and expenses
Amortization of net actuarial loss	2.3		2.9		Costs and expenses
Total before tax	2.3		2.8
Income tax impact	(0.6)		(0.7)		Provision for income taxes
Total	$	1.7	$	2.1


	Amount Reclassified from AOCI for the Six Months Ended June 29, 2025		Amount Reclassified from AOCI for the Six Months Ended June 30, 2024		Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives	$	0.8	$	(9.7)	See Note 13
Income tax impact	(0.2)		2.5		Provision for income taxes
Total	$	0.6	$	(7.2)

Amortization of defined benefit pension and postretirement plan items:
Amortization of prior service cost	$	0.1	$	(0.2)	Costs and expenses
Amortization of net actuarial loss	4.1		5.8		Costs and expenses
Total before tax	4.2		5.6
Income tax impact	(1.0)		(1.4)		Provision for income taxes
Total	$	3.2	$	4.2