Reclassification of Accumulated Other Comprehensive Income |
The changes in Accumulated other comprehensive income by component are summarized below: | | | | | | | | | | | | | | | | | | ($ in millions) | Foreign Currency Translation Adjustments(c) | | Other Adjustments (b) | | Total | For the Three Months Ended June 27, 2025: | | | | | | Balance, March 28, 2025 | $ | 71.9 | | | $ | (0.9) | | | $ | 71.0 | | Other comprehensive income before reclassifications, net of income taxes | 55.0 | | | — | | | 55.0 | | Amounts reclassified from accumulated other comprehensive income: | | | | | | | | | | | | Increase | — | | | 0.1 | | (a) | 0.1 | | | | | | | | Amounts reclassified from accumulated other comprehensive income, net of income taxes | — | | | 0.1 | | | 0.1 | | Net current period other comprehensive income, net of income taxes | 55.0 | | | 0.1 | | | 55.1 | | Balance, June 27, 2025 | $ | 126.9 | | | $ | (0.8) | | | $ | 126.1 | | | | | | | | For the Three Months Ended June 28, 2024: | | | | | | Balance, March 29, 2024 | $ | 84.2 | | | $ | (1.5) | | | $ | 82.7 | | Other comprehensive loss before reclassifications, net of income taxes | (4.7) | | | — | | | (4.7) | | | | | | | | | | | | | | | | | | | | | | | | | | Net current period other comprehensive loss, net of income taxes | (4.7) | | | — | | | (4.7) | | Balance, June 28, 2024 | $ | 79.5 | | | $ | (1.5) | | | $ | 78.0 | | | | | | | | (a) This accumulated other comprehensive income component is included in the computation of net periodic pension cost. | (b) Includes balances relating to defined benefit plans and supplemental executive retirement plans. | (c) The income tax impact of foreign currency translation adjustments was not significant for the periods presented. |
| | | | | | | | | | | | | | | | | | ($ in millions) | Foreign Currency Translation Adjustments(d) | | Other Adjustments (b) | | Total | For the Six Months Ended June 27, 2025: | | | | | | Balance, December 31, 2024 | $ | 56.9 | | | $ | (0.9) | | | $ | 56.0 | | Other comprehensive income before reclassifications, net of income taxes | 70.0 | | | — | | | 70.0 | | Amounts reclassified from accumulated other comprehensive income: | | | | | | | | | | | | Increase | — | | | 0.1 | | (a) | 0.1 | | | | | | | | Amounts reclassified from accumulated other comprehensive income, net of income taxes | — | | | 0.1 | | | 0.1 | | Net current period other comprehensive income, net of income taxes | 70.0 | | | 0.1 | | | 70.1 | | Balance, June 27, 2025 | $ | 126.9 | | | $ | (0.8) | | | $ | 126.1 | | | | | | | | For the Six Months Ended June 28, 2024: | | | | | | Balance, December 31, 2023 | $ | 106.5 | | | $ | (1.6) | | | $ | 104.9 | | Other comprehensive loss before reclassifications, net of income taxes | (28.0) | | | — | | | (28.0) | | Amounts reclassified from accumulated other comprehensive income: | | | | | | Sale of business | 1.0 | | (c) | — | | | 1.0 | | Increase | — | | | 0.1 | | (a) | 0.1 | | Amounts reclassified from accumulated other comprehensive income, net of income taxes | 1.0 | | | 0.1 | | | 1.1 | | Net current period other comprehensive (loss) income, net of income taxes | (27.0) | | | 0.1 | | | (26.9) | | Balance, June 28, 2024 | $ | 79.5 | | | $ | (1.5) | | | $ | 78.0 | | | | | | | | (a) This accumulated other comprehensive income component is included in the computation of net periodic pension cost. | (b) Includes balances relating to defined benefit plans and supplemental executive retirement plans. | (c) Reclassified to (Loss) gain on sale of business in the Consolidated Condensed Statements of Earnings and Comprehensive Income. | (d) The income tax impact of foreign currency translation adjustments was not significant for the periods presented. |
|