v3.26.1
Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 26, 2026
Equity [Abstract]  
Schedule of accumulated other comprehensive income (loss)
The following table includes the changes in accumulated other comprehensive loss by component (U.S. dollars in millions): 
Changes in Accumulated Other Comprehensive Loss by Component (1)
 Cash Flow HedgesForeign Currency Translation AdjustmentRetirement Benefit AdjustmentTotal
Six months ended June 26, 2026
Balance at December 26, 2025$1.9 $(24.8)$(15.3)$(38.2)
Other comprehensive (loss) income before reclassifications13.4 (7.3)
(2)
0.6 6.7 
Amounts reclassified from accumulated other comprehensive (loss) income(3.6)

— 0.4 (3.2)
Net current period other comprehensive income (loss)9.8 (7.3)1.0 3.5 
Balance at June 26, 2026$11.7 $(32.1)$(14.3)$(34.7)
Six months ended June 27, 2025
Balance at December 27, 2024$5.6 $(45.2)$(10.8)$(50.4)
Other comprehensive (loss) income before reclassifications(12.0)23.2 
(2)
(1.1)

10.1 
Amounts reclassified from accumulated other comprehensive loss3.3 — 0.2 3.5 
Net current period other comprehensive (loss) income(8.7)23.2 (0.9)13.6 
Balance at June 27, 2025$(3.1)$(22.0)$(11.7)$(36.8)

(1) All amounts are net of tax and noncontrolling interest.
(2) Includes a loss of $3.4 million and a gain of $10.6 million for the six months ended June 26, 2026 and June 27, 2025, respectively, on intra-entity foreign currency transactions that are of a long-term-investment nature.
Amounts reclassified from accumulated other comprehensive (loss) income
The following table includes details about amounts reclassified from accumulated other comprehensive loss by component (U.S. dollars in millions): 
Amount of (gain) loss reclassified from accumulated other comprehensive loss
June 26, 2026June 27, 2025
Details about accumulated other comprehensive loss componentsQuarter endedSix months endedQuarter endedSix months endedAffected line item in the statement where net income is presented
Cash flow hedges:
Designated as hedging instruments:
Foreign currency cash flow hedges$(1.9)$(2.5)$3.4 $5.4 Net sales
Foreign currency cash flow hedges(0.1)(0.4)(0.6)(0.4)Cost of products sold
Interest rate swaps(0.3)(0.7)(0.8)(1.7)Interest expense
Total$(2.3)$(3.6)$2.0 $3.3 
Amortization of retirement benefits:
Actuarial losses
$0.2 $0.4 $0.1 $0.2 Other expense, net
Total$0.2 $0.3 $0.1 $0.2