| Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component |
The changes in Accumulated Other Comprehensive Income (Loss) (“AOCI”) by component are summarized below: | | | | | | | | | | | | | | | | | | | Foreign currency translation adjustments | | Pension & post-retirement plan benefit adjustments (a) | | Total | | For the Three Months Ended July 3, 2026: | | | | | | | Balance, April 3, 2026 | $ | (295.7) | | | $ | (14.9) | | | $ | (310.6) | | | Other comprehensive loss before reclassifications: | | | | | | | Decrease | (4.7) | | | — | | | (4.7) | | | Income tax impact | 0.7 | | | — | | | 0.7 | | | Other comprehensive loss before reclassifications, net of income tax expense | (4.0) | | | — | | | (4.0) | | | Amounts reclassified from AOCI into income: | | | | | | | Increase | — | | | 0.1 | | | 0.1 | | | Income tax impact | — | | | — | | (b) | — | | | Amounts reclassified from AOCI into income, net of income tax expense | — | | | 0.1 | | | 0.1 | | | Net current period other comprehensive (loss) income | (4.0) | | | 0.1 | | | (3.9) | | | Balance, July 3, 2026 | $ | (299.7) | | | $ | (14.8) | | | $ | (314.5) | | | | | | | | | For the Three Months Ended June 27, 2025: | | | | | | | Balance, March 28, 2025 | $ | (388.7) | | | $ | (16.6) | | | $ | (405.3) | | | Other comprehensive income before reclassifications: | | | | | | | Increase | 183.8 | | | — | | | 183.8 | | | Income tax impact | (16.5) | | | — | | | (16.5) | | | Other comprehensive income before reclassifications, net of income tax expense | 167.3 | | | — | | | 167.3 | | | Amounts reclassified from AOCI into income: | | | | | | | Increase | — | | | 0.5 | | (c) | 0.5 | | | Income tax impact | — | | | (0.1) | | | (0.1) | | | Amounts reclassified from AOCI into income, net of income tax expense | — | | | 0.4 | | | 0.4 | | | Net current period other comprehensive income | 167.3 | | | 0.4 | | | 167.7 | | | Balance, June 27, 2025 | $ | (221.4) | | | $ | (16.2) | | | $ | (237.6) | | | | | | | | | (a) Includes balances relating to defined benefit plans, supplemental executive retirement plans, and other postretirement employee benefit plans. | | | (b) The income tax impact amount was rounded to zero. | | (c) This component of AOCI is included in the computation of net periodic pension cost (refer to Note 10 in the Company’s Notes to the Consolidated and Combined Financial Statements included in the Form 10-K for additional details). | |
| | | | | | | | | | | | | | | | | | | Foreign currency translation adjustments | | Pension & post-retirement plan benefit adjustments (a) | | Total | | For the Six Months Ended July 3, 2026: | | | | | | | Balance, December 31, 2025 | $ | (229.8) | | | $ | (15.1) | | | $ | (244.9) | | Other comprehensive loss before reclassifications: | | | | | | | Decrease | (73.3) | | | — | | | (73.3) | | | Income tax impact | 3.4 | | | — | | | 3.4 | | | Other comprehensive income before reclassifications, net of income tax expense | (69.9) | | | — | | | (69.9) | | | Amounts reclassified from AOCI into income: | | | | | | | Increase | — | | | 0.4 | | | 0.4 | | | Income tax impact | — | | | (0.1) | | | (0.1) | | | Amounts reclassified from AOCI into income, net of income tax expense | — | | | 0.3 | | | 0.3 | | | Net current period other comprehensive (loss) income | (69.9) | | | 0.3 | | | (69.6) | | | Balance, July 3, 2026 | $ | (299.7) | | | $ | (14.8) | | | $ | (314.5) | | | | | | | | | For the Six Months Ended June 27, 2025: | | | | | | | Balance, December 31, 2024 | $ | (474.5) | | | $ | (16.8) | | | $ | (491.3) | | | Other comprehensive income before reclassifications: | | | | | | | Increase | 278.1 | | | — | | | 278.1 | | | Income tax impact | (25.0) | | | — | | | (25.0) | | | Other comprehensive income before reclassifications, net of income tax expense | 253.1 | | | — | | | 253.1 | | | Amounts reclassified from AOCI into income: | | | | | | | Increase | — | | | 0.7 | | (b) | 0.7 | | | Income tax impact | — | | | (0.1) | | | (0.1) | | | Amounts reclassified from AOCI into income, net of income tax expense | — | | | 0.6 | | | 0.6 | | | Net current period other comprehensive income | 253.1 | | | 0.6 | | | 253.7 | | | Balance, June 27, 2025 | $ | (221.4) | | | $ | (16.2) | | | $ | (237.6) | | | (a) Includes balances relating to defined benefit plans, supplemental executive retirement plans, and other postretirement employee benefit plans. | | | (b) This component of AOCI is included in the computation of net periodic pension cost (refer to Note 10 in the Company’s Notes to the Consolidated and Combined Financial Statements included in the Form 10-K for additional details). | | |
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