| Accumulated Other Comprehensive Income (Loss) |
Accumulated Other Comprehensive Income (Loss) The changes in AOCIL, net of tax, by component for the nine months ended June 27, 2026 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated foreign currency translation | | Accumulated retirement liability | | Accumulated gain (loss) on derivatives | | Total | | AOCIL at September 27, 2025 | | $ | (74,614) | | | $ | (83,312) | | | $ | 207 | | | $ | (157,719) | | | OCI before reclassifications | | (13,651) | | | 148 | | | (980) | | | (14,483) | | | Amounts reclassified from AOCIL | | — | | | 5,124 | | | 195 | | | 5,319 | | | OCI, net of tax | | (13,651) | | | 5,272 | | | (785) | | | (9,164) | | | AOCIL at June 27, 2026 | | $ | (88,265) | | | $ | (78,040) | | | $ | (578) | | | $ | (166,883) | |
Net gains and losses on net investment hedges are recorded in Accumulated foreign currency translation to the extent that the instruments are effective in hedging the designated risk.
The amounts reclassified from AOCIL into earnings are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | Statements of Earnings location | | June 27,
2026 | | June 28,
2025 | | June 27,
2026 | | June 28,
2025 | | Retirement liability: | | | | | | | | | | | | Prior service cost | | | | $ | 15 | | | $ | 14 | | | $ | 45 | | | $ | 43 | | | | | | | | | | | | | | Actuarial losses | | | | 2,212 | | | 2,827 | | | 6,636 | | | 8,461 | | | | | | | | | | | | | | | | | | | | | | | | Reclassification from AOCIL into earnings | | 2,227 | | | 2,841 | | | 6,681 | | | 8,504 | | | Tax effect | | | | (519) | | | (655) | | | (1,557) | | | (1,963) | | | Net reclassification from AOCIL into earnings | | $ | 1,708 | | | $ | 2,186 | | | $ | 5,124 | | | $ | 6,541 | | | Derivatives: | | | | | | | | | | | | | | | | | | | | | | | Foreign currency contracts | | Cost of sales | | $ | 266 | | | $ | (349) | | | $ | 255 | | | $ | (379) | | | | | | | | | | | | | | Reclassification from AOCIL into earnings | | 266 | | | (349) | | | 255 | | | (379) | | | Tax effect | | | | (63) | | | 82 | | | (60) | | | 89 | | | Net reclassification from AOCIL into earnings | | $ | 203 | | | $ | (267) | | | $ | 195 | | | $ | (290) | | | Foreign currency translation: | | | | | | | | | | | | Business dispositions | | Other | | $ | — | | | $ | (39) | | | $ | — | | | $ | 10,963 | | | Reclassification from AOCIL into earnings | | — | | | (39) | | | — | | | 10,963 | | | Tax effect | | | | — | | | — | | | — | | | — | | | Net reclassification from AOCIL into earnings | | $ | — | | | $ | (39) | | | $ | — | | | $ | 10,963 | |
Reclassification from AOCIL into earnings for the Retirement liability is included in the computation of non-service pension expense, which is included in Other on the Consolidated Statements of Earnings.
The effective portion of amounts deferred in AOCIL are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | June 27,
2026 | | June 28,
2025 | | June 27,
2026 | | June 28,
2025 | | Foreign currency contracts | | $ | (363) | | | $ | 1,009 | | | $ | (1,283) | | | $ | 1,906 | | | | | | | | | | | | Net gain (loss) | | (363) | | | 1,009 | | | (1,283) | | | 1,906 | | | Tax effect | | 86 | | | (238) | | | 303 | | | (450) | | | Net deferral in AOCIL of derivatives | | $ | (277) | | | $ | 771 | | | $ | (980) | | | $ | 1,456 | |
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