Accumulated Other Comrehensive Income (Loss) (Tables)

3 Months Ended

Jun. 27, 2026

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents OCI activity, net of tax, accumulated in equity:


	Foreign Currency Translation Gains (Losses)(a)		Net Unrealized Gains (Losses) on Cash Flow Hedges(b)		Net Unrealized Gains (Losses) on Defined Benefit Plans(c)		Total Accumulated Other Comprehensive Income (Loss)(d)
	(millions)
Balance at March 28, 2026	$	(254.8)	$	7.6	$	(4.1)	$	(251.3)
Other comprehensive income (loss), net of tax:
OCI before reclassifications	(28.6)		5.5		—		(23.1)
Amounts reclassified from AOCI to earnings	—		1.6		—		1.6
Other comprehensive income (loss), net of tax	(28.6)		7.1		—		(21.5)
Balance at June 27, 2026	$	(283.4)	$	14.7	$	(4.1)	$	(272.8)

Balance at March 29, 2025	$	(298.7)	$	2.8	$	(4.0)	$	(299.9)
Other comprehensive income (loss), net of tax:
OCI before reclassifications	89.7		(20.9)		(0.5)		68.3
Amounts reclassified from AOCI to earnings	—		(4.0)		0.1		(3.9)
Other comprehensive income (loss), net of tax	89.7		(24.9)		(0.4)		64.4
Balance at June 28, 2025	$	(209.0)	$	(22.1)	$	(4.4)	$	(235.5)

(a)OCI before reclassifications to earnings related to foreign currency translation gains (losses) includes income tax benefits of $0.2 million and $17.3 million for the three-month periods ended June 27, 2026 and June 28, 2025, respectively. OCI before reclassifications to earnings for the three-month periods ended June 27, 2026 and June 28, 2025 includes losses of $2.7 million (net of a $0.9 million income tax benefit) and $45.3 million (net of a $14.6 million income tax benefit), respectively, related to changes in the fair values of instruments designated as hedges of the Company's net investment in certain foreign operations (see Note 11).

(b)OCI before reclassifications to earnings related to net unrealized gains (losses) on cash flow hedges are presented net of an income tax provision of $0.9 million and an income tax benefit of $3.5 million for the three-month periods ended June 27, 2026 and June 28, 2025, respectively. The tax effects on amounts reclassified from AOCI to earnings are presented in the table below.

(c)Activity is presented net of taxes, which were immaterial for both periods presented.

(d)The Company generally releases income tax effects from AOCI when the corresponding pretax AOCI items are reclassified to earnings.

Reclassification out of Accumulated Other Comprehensive Income (Loss)

The following table presents reclassifications from AOCI to earnings for cash flow hedges, by component:


	Three Months Ended			Location of Gains (Losses) Reclassified from AOCI to Earnings
		June 27, 2026				June 28, 2025
		(millions)
Gains (losses) on cash flow hedges(a):
FC — Cash flow hedges		$	(1.9)	$	4.7		Cost of goods sold

Tax effect		0.3		(0.7)			Income tax benefit (provision)
Net of tax		$	(1.6)	$	4.0

(a)FC = Forward foreign currency exchange contracts.