v3.26.1
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 28, 2026
Equity [Abstract]  
Schedule of Changes in AOCI by Component
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 28, 2026, and June 29, 2025, are as follows (in millions):
Foreign Currency Translation
Cash Flow Hedges
Pension and Postretirement BenefitsTotal
Balance at March 29, 2026
$(289.4)$(0.3)$(197.9)$(487.6)
   Other comprehensive income (loss) before reclassifications(49.3)(1.0) (50.3)
   Amounts reclassified from AOCI (0.1)2.9 2.8 
Net other comprehensive income (loss)(49.3)(1.1)2.9 (47.5)
Balance at June 28, 2026
$(338.7)$(1.4)$(195.0)$(535.1)
Foreign Currency Translation
Cash Flow Hedges
Pension and Postretirement BenefitsTotal
Balance at March 30, 2025
$(451.5)$(0.9)$(233.9)$(686.3)
   Other comprehensive income (loss) before reclassifications224.4 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 TranslationCash Flow Hedges and OtherPension and Postretirement BenefitsTotal
Balance at December 28, 2025
$(225.5)$0.5 $(200.4)$(425.4)
Other comprehensive income (loss) before reclassifications(113.2)(1.4) (114.6)
Amounts reclassified from AOCI (0.5)5.4 4.9 
Net other comprehensive income (loss)(113.2)(1.9)5.4 (109.7)
Balance at June 28, 2026
$(338.7)$(1.4)$(195.0)$(535.1)
Foreign Currency TranslationCash Flow Hedges and OtherPension and Postretirement BenefitsTotal
Balance at December 29, 2024
$(602.3)$(2.2)$(235.4)$(839.9)
Other comprehensive income (loss) before reclassifications375.2 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)
Schedule of Reclassification out of Accumulated Other Comprehensive Income
The reclassifications out of AOCI to net income for the second quarter ended June 28, 2026, and June 29, 2025, are as follows (in millions):
Amount Reclassified From AOCI for the Quarter Ended June 28, 2026
Amount Reclassified From AOCI for the Quarter Ended
 June 29, 2025
Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives
$(0.1)$(0.1)
Income tax impact — Provision for income taxes
Total$(0.1)$(0.1)
Amortization of defined benefit pension and postretirement plan items:
Amortization of net prior service cost (income)
$ $— Costs and expenses
Amortization of net actuarial loss3.7 2.3 Costs and expenses
Total before tax3.7 2.3 
Income tax impact(0.8)(0.6)Provision for income taxes
Total$2.9 $1.7 
Amount Reclassified From AOCI for the Six Months Ended June 28, 2026
Amount Reclassified From AOCI for the Six Months Ended June 29, 2025
Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives
$(0.6)$0.8 
Income tax impact0.1 (0.2)Provision for income taxes
Total$(0.5)$0.6 
Amortization of defined benefit pension and postretirement plan items:
Amortization of net prior service cost (income)
$0.1 $0.1 Costs and expenses
Amortization of net actuarial loss6.9 4.1 Costs and expenses
Total before tax7.0 4.2 
Income tax impact(1.6)(1.0)Provision for income taxes
Total$5.4 $3.2