Changes in Accumulated Other Comprehensive Loss

6 Months Ended

Jul. 03, 2020

Equity [Abstract]

Changes in Accumulated Other Comprehensive Loss

Note 14: Changes in Accumulated Other Comprehensive Loss

Amounts comprising the Company's accumulated other comprehensive loss and reclassifications are as follows (in millions):

	Currency Translation Adjustments		Effects of Cash Flow Hedges		Total
Balance as of December 31, 2019	$	(42.4)	$	(11.9)	$	(54.3)
Other comprehensive income (loss) prior to reclassifications	0.5		(6.9)		(6.4)
Amounts reclassified from accumulated other comprehensive loss	—		(6.9)		(6.9)
Net current period other comprehensive income (loss) (1)	0.5		(13.8)		(13.3)
Balance as of July 3, 2020	$	(41.9)	$	(25.7)	$	(67.6)

(1)  Effects of cash flow hedges are net of $3.7 million of tax benefit for the six months ended July 3, 2020.

Amounts reclassified from accumulated other comprehensive loss to the specific caption within Consolidated Statements of Operations and Comprehensive Income were as follows:

	Amounts Reclassified from Accumulated Other Comprehensive Loss
	Quarters Ended				Six Months Ended
	July 3, 2020		June 28, 2019		July 3, 2020		June 28, 2019		To caption
Interest rate swaps	$	5.0	$	(1.3)	$	6.9	$	(2.7)	Interest expense
Total reclassifications	$	5.0	$	(1.3)	$	6.9	$	(2.7)