v3.26.3
Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 27, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) (“AOCI”) by component, net of tax, as applicable, for the third quarter and nine months ended September 27, 2026, and September 28, 2025, are as follows (in millions):
Foreign Currency TranslationCash Flow Hedges and OtherPension and Postretirement BenefitsTotal
Balance at June 28, 2026
$(338.7)$(1.4)$(195.0)$(535.1)
   Other comprehensive income (loss) before reclassifications20.3 0.2 — 20.5 
   Amounts reclassified from AOCI— 0.6 2.3 2.9 
Net other comprehensive income (loss)20.3 0.8 2.3 23.4 
Balance at September 27, 2026
$(318.4)$(0.6)$(192.7)$(511.7)
Foreign Currency TranslationCash Flow Hedges and OtherPension and Postretirement BenefitsTotal
Balance at June 29, 2025
$(227.1)$1.6 $(232.2)$(457.7)
   Other comprehensive income (loss) before reclassifications(40.5)(0.8)— (41.3)
   Amounts reclassified from AOCI— (0.5)2.3 1.8 
Net other comprehensive income (loss)(40.5)(1.3)2.3 (39.5)
Balance at September 28, 2025
$(267.6)$0.3 $(229.9)$(497.2)
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(92.9)(1.2)— (94.1)
Amounts reclassified from AOCI— 0.1 7.7 7.8 
Net other comprehensive income (loss)(92.9)(1.1)7.7 (86.3)
Balance at September 27, 2026
$(318.4)$(0.6)$(192.7)$(511.7)
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 reclassifications334.7 2.4 — 337.1 
Amounts reclassified from AOCI— 0.1 5.5 5.6 
Net other comprehensive income (loss)334.7 2.5 5.5 342.7 
Balance at September 28, 2025
$(267.6)$0.3 $(229.9)$(497.2)
The reclassifications out of AOCI to net income for the third quarter ended September 27, 2026, and September 28, 2025, are as follows (in millions):
Amount Reclassified From AOCI for the Quarter Ended September 27, 2026
Amount Reclassified From AOCI for the Quarter Ended
 September 28, 2025
Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives
$0.7 $(0.6)
Income tax impact(0.1)0.1 Provision for income taxes
Total$0.6 $(0.5)
Amortization of defined benefit pension and postretirement plan items:
Amortization of net prior service (income) cost$0.1 $0.1 Costs and expenses
Amortization of net actuarial (gain) loss3.0 2.9 Costs and expenses
Total before tax3.1 3.0 
Income tax impact(0.8)(0.7)Provision for income taxes
Total$2.3 $2.3 
Amount Reclassified From AOCI for the Nine Months Ended September 27, 2026
Amount Reclassified From AOCI for the Nine Months Ended September 28, 2025
Statement of Income (Loss) Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives
$0.1 $0.2 
Income tax impact— (0.1)Provision for income taxes
Total$0.1 $0.1 
Amortization of defined benefit pension and postretirement plan items:
Amortization of net prior service (income) cost$0.2 $0.2 Costs and expenses
Amortization of net actuarial (gain) loss9.9 7.0 Costs and expenses
Total before tax10.1 7.2 
Income tax impact(2.4)(1.7)Provision for income taxes
Total$7.7 $5.5