Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Foreign Currency Contracts

As of December 31, 2023, Teledyne had foreign currency contracts of this type primarily in the following pairs (in millions):

Contracts to Buy			Contracts to Sell
Currency	Amount		Currency	Amount
Canadian Dollars	$	11.1	Euros	€	7.5
Canadian Dollars	$	271.5	U.S. Dollars	US$	200.7
Danish Krone	Kr.	115.6	U.S. Dollars	US$	17.0
Euros	€	55.5	U.S. Dollars	US$	59.6
Great Britain Pounds	£	20.6	Euros	€	23.8
Great Britain Pounds	£	34.8	U.S. Dollars	US$	43.8
Norwegian Krone	kr	138.1	U.S. Dollars	US$	13.1
Swedish Krona	kr	205.0	Euros	€	16.8

Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges

The effect of derivative instruments designated as cash flow hedges for 2023 and 2022 was as follows (in millions):

	2023		2022
Net gain (loss) recognized in AOCI - foreign exchange contracts (a)	$	19.3	$	17.6
Net gain (loss) recognized in AOCI - interest rate contracts	$	—	$	1.7
Net gain (loss) reclassified from AOCI into revenue/cost of sales - foreign exchange contracts	$	(6.2)	$	4.8
Net gain (loss) reclassified from AOCI into interest expense - foreign exchange contracts	$	7.6	$	5.2
Net gain (loss) reclassified from AOCI into interest expense -interest rate contracts	$	0.6	$	0.4
Net gain (loss) reclassified from AOCI into other income and expense, net - foreign exchange contracts (b)	$	8.0	$	15.5

(a)Effective portion

(b)Amount reclassified to offset earnings impact of liability hedged by cross currency swap