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Accumulated Other Comprehensive Loss
9 Months Ended
Sep. 29, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
The following table summarizes the changes in AOCI by component:
Three Months Ended September 29, 2024
(In millions)Pension and Other Post-
Employment Benefits
Cash Flow HedgesAvailable-for-Sale InvestmentsForeign Currency Translation AdjustmentsAccumulated Other Comprehensive (Loss) Income
Balance at June 30, 2024$(1.3)$21.7 $— $(45.0)$(24.6)
Current period deferrals (1)
— (33.7)— 64.9 31.2 
Amounts reclassified to Net loss
— (6.8)— (3.3)(10.1)
Net change— (40.5)— 61.6 21.1 
Balance at September 29, 2024$(1.3)$(18.8)$— $16.6 $(3.5)
Nine Months Ended September 29, 2024
(In millions)Pension and Other Post-
Employment Benefits
Cash Flow HedgesAvailable-for-Sale InvestmentsForeign Currency Translation AdjustmentsAccumulated Other Comprehensive (Loss) Income
Balance at December 31, 2023$(1.3)$(9.8)$— $(18.9)$(30.0)
Current period deferrals (1)
— 9.9 — 43.7 53.6 
Amounts reclassified to Net loss
— (18.9)— (8.2)(27.1)
Net change— (9.0)— 35.5 26.5 
Balance at September 29, 2024$(1.3)$(18.8)$— $16.6 $(3.5)
Three Months Ended October 1, 2023
(In millions)Pension and Other Post-
Employment Benefits
Cash Flow HedgesAvailable-for-Sale InvestmentsForeign Currency Translation AdjustmentsAccumulated Other Comprehensive (Loss) Income
Balance at July 2, 2023$0.7 $14.6 $(0.4)$(31.2)$(16.3)
Current period deferrals (2)
— 24.5 0.2 (55.3)(30.6)
Amounts reclassified to Net loss
— (6.3)— — (6.3)
Net change— 18.2 0.2 (55.3)(36.9)
Balance at October 1, 2023$0.7 $32.8 $(0.2)$(86.5)$(53.2)
Nine Months Ended October 1, 2023
(In millions)Pension and Other Post-
employment Benefits
Cash Flow HedgesAvailable-for-Sale InvestmentsForeign Currency Translation AdjustmentsAccumulated Other Comprehensive (Loss) Income
Balance at January 1, 2023$0.7 $1.5 $(0.5)$(69.3)$(67.6)
Current period deferrals (2)
— 47.6 0.3 (17.2)30.7 
Amounts reclassified to Net loss
— (16.3)— — (16.3)
Net change— 31.3 0.3 (17.2)14.4 
Balance at October 1, 2023$0.7 $32.8 $(0.2)$(86.5)$(53.2)
(1) Includes tax impact of (i) $11.1 million and $3.7 million related to cash flow hedges for the three and nine months ended September 29, 2024, respectively, and (ii) $4.9 million and $2.0 million related to foreign currency translation adjustments for the three and nine months ended September 29, 2024, respectively.
(2) Includes tax impact of $4.6 million and $8.0 million related to cash flow hedges for the three and nine months ended October 1, 2023, respectively.