Other Comprehensive Earnings (Loss) (Tables)

9 Months Ended

Sep. 26, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Schedule of Other Comprehensive Income (Loss), Tax Effect

The following table presents the related tax effects on changes in other comprehensive earnings (loss) for the quarters and nine months ended September 26, 2021 and September 27, 2020.

	Quarter Ended				Nine Months Ended
	September 26, 2021		September 27, 2020		September 26, 2021		September 27, 2020
Other comprehensive earnings (loss), tax effect:
Tax benefit (expense) on unrealized holding gains (losses)	$	0.1	$	0.2	$	—	(0.4)
Tax (expense) benefit on cash flow hedging activities	(0.3)		0.3		(0.7)		(5.5)
Tax benefit on foreign currency translation adjustments	—		—		—		8.4
Reclassifications to earnings, tax effect:
Tax expense (benefit) on cash flow hedging activities	(0.3)		1.9		(0.3)		3.4
Amortization of unrecognized pension and postretirement amounts	(0.1)		(0.1)		(0.2)		(0.2)
Total tax effect on other comprehensive earnings (loss)	$	(0.6)	$	2.3	$	(1.2)	5.7

Schedule of Accumulated Other Comprehensive Earnings (Loss)

Changes in the components of accumulated other comprehensive earnings (loss) for the nine months ended September 26, 2021 and September 27, 2020 are as follows:

	Pension and Postretirement Amounts		Gains (Losses) on Derivative Instruments	Unrealized Holding Gains (Losses) on Available- for-Sale Securities	Foreign Currency Translation Adjustments	Total Accumulated Other Comprehensive Loss
2021
Balance at December 27, 2020	$	(40.7)	(22.1)	0.4	(132.6)	(195.0)
Current period other comprehensive earnings (loss)	0.6		9.5	(0.1)	(23.6)	(13.6)
Balance at September 26, 2021	$	(40.1)	(12.6)	0.3	(156.2)	(208.6)
2020
Balance at December 29, 2019	$	(36.1)	(5.2)	(0.2)	(142.6)	(184.2)
Current period other comprehensive earnings (loss)	0.8		(0.1)	1.3	(98.1)	(96.1)
Balance at September 27, 2020	$	(35.3)	(5.3)	1.1	(240.8)	(280.3)