v3.25.2
ACCUMULATED OTHER COMPREHENSIVE INCOME
 9 Months Ended
Jun. 29, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
NOTE 12 - ACCUMULATED OTHER COMPREHENSIVE INCOME
The change in the components of AOCI for the nine month period ended June 29, 2025, was as follows:
(in millions)Foreign Currency TranslationDerivative InstrumentsDefined Benefit PensionTotal
Balance at September 30, 2024
$(164.1)$(2.2)$(37.7)$(204.0)
Other comprehensive (loss) income before reclassification(65.1)15.0 1.8 (48.3)
Net reclassification for loss to income from continuing operations— 0.7 0.5 1.2 
Other comprehensive (loss) income before tax(65.1)15.7 2.3 (47.1)
Deferred tax effect2.3 (4.0)(0.6)(2.3)
Other comprehensive (loss) income, net of tax(62.8)11.7 1.7 (49.4)
Less: other comprehensive loss from continuing operations attributable to non-controlling interest(0.3)— — (0.3)
Other comprehensive (loss) income attributable to controlling interest(62.5)11.7 1.7 (49.1)
Balance at December 29, 2024(226.6)9.5 (36.0)(253.1)
Other comprehensive income (loss) before reclassification31.1 (6.8)(0.9)23.4 
Net reclassification for (gain) loss to income from continuing operations— (1.2)0.5 (0.7)
Other comprehensive income (loss) before tax31.1 (8.0)(0.4)22.7 
Deferred tax effect(0.4)1.9 0.1 1.6 
Other comprehensive income (loss), net of tax30.7 (6.1)(0.3)24.3 
Less: other comprehensive income from continuing operations attributable to non-controlling interest0.2 — — 0.2 
Other comprehensive income (loss) attributable to controlling interest30.5 (6.1)(0.3)24.1 
Balance at March 30, 2025(196.1)3.4 (36.3)(229.0)
Other comprehensive income (loss) before reclassification60.4 (15.4)(1.8)43.2 
Net reclassification for loss to income from continuing operations— 2.9 0.5 3.4 
Other comprehensive income (loss) before tax60.4 (12.5)(1.3)46.6 
Deferred tax effect1.3 3.4 0.3 5.0 
Other comprehensive income (loss), net of tax61.7 (9.1)(1.0)51.6 
Less: other comprehensive income from continuing operations attributable to non-controlling interest0.3 — — 0.3 
Other comprehensive income (loss) attributable to controlling interest61.4 (9.1)(1.0)51.3 
Balance at June 29, 2025$(134.7)$(5.7)$(37.3)$(177.7)
The following presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the three and nine month period ended June 29, 2025:
(in millions)Three Month Period Ended June 29, 2025Nine Month Period Ended June 29, 2025
Derivative InstrumentsDefined Benefit PensionTotalDerivative InstrumentsDefined Benefit PensionTotal
Net sales$0.1 $— $0.1 $0.1 $— $0.1 
Cost of goods sold(3.0)— (3.0)(2.5)— (2.5)
Other non-operating expense, net— (0.5)(0.5)— (1.5)(1.5)
NOTE 12 - ACCUMULATED OTHER COMPREHENSIVE INCOME (continued)
The change in the components of AOCI for the nine month period ended June 30, 2024, was as follows:
Foreign Currency TranslationDerivative InstrumentsDefined Benefit PensionTotal
Balance at September 30, 2023
$(216.1)$1.4 $(34.7)$(249.4)
Other comprehensive income (loss) before reclassification15.4 (10.6)(1.1)3.7 
Net reclassification for loss to income from continuing operations— 5.1 0.2 5.3 
Other comprehensive income (loss) before tax15.4 (5.5)(0.9)9.0 
Deferred tax effect5.6 1.5 0.2 7.3 
Other comprehensive income (loss), net of tax21.0 (4.0)(0.7)16.3 
Less: other comprehensive income from continuing operations attributable to non-controlling interest0.1 — — 0.1 
Other comprehensive income (loss) attributable to controlling interest20.9 (4.0)(0.7)16.2 
Balance at Balance at December 31, 2023(195.2)(2.6)(35.4)(233.2)
Other comprehensive (loss) income before reclassification(0.4)1.4 0.3 1.3 
Net reclassification for loss to income from continuing operations— 4.8 0.2 5.0 
Other comprehensive (loss) income before tax(0.4)6.2 0.5 6.3 
Deferred tax effect(2.9)(1.6)0.1 (4.4)
Other comprehensive (loss) income, net of tax(3.3)4.6 0.6 1.9 
Less: other comprehensive loss from continuing operations attributable to non-controlling interest(0.1)— — (0.1)
Other comprehensive (loss) income attributable to controlling interest(3.2)4.6 0.6 2.0 
Balance at March 31, 2024(198.4)2.0 (34.8)(231.2)
Other comprehensive (loss) income before reclassification(11.2)1.6 — (9.6)
Net reclassification for loss to income from continuing operations— 2.4 0.2 2.6 
Other comprehensive (loss) income before tax(11.2)4.0 0.2 (7.0)
Deferred tax effect0.8 (1.4)(0.1)(0.7)
Other comprehensive (loss) income attributable to controlling interest(10.4)2.6 0.1 (7.7)
Balance at June 30, 2024$(208.8)$4.6 $(34.7)$(238.9)
The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the three and nine month period ended June 30, 2024:
(in millions)Three Month Period Ended June 30, 2024Nine Month Period Ended June 30, 2024
Derivative InstrumentsDefined Benefit PensionTotalDerivative InstrumentsDefined Benefit PensionTotal
Net sales$0.1 $— $0.1 $0.2 $— $0.2 
Cost of goods sold(2.5)— (2.5)(12.5)— (12.5)
Other non-operating expense, net— (0.2)(0.2)— (0.6)(0.6)