Other Comprehensive Earnings (Loss) (Tables)

6 Months Ended

Jul. 02, 2023

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 six months ended July 2, 2023 and June 26, 2022.

	Quarter Ended				Six Months Ended
	July 2, 2023		June 26, 2022		July 2, 2023		June 26, 2022
Other comprehensive earnings (loss), tax effect:
Tax benefit on unrealized holding losses	$	—	$	0.1	$	—	0.1
Tax benefit (expense) on cash flow hedging activities	1.2		(1.3)		2.3		(0.4)
Reclassifications to earnings, tax effect:
Tax (benefit) expense on cash flow hedging activities	(0.6)		0.1		(0.4)		(0.1)
Amortization of unrecognized pension and postretirement amounts	—		—		0.1		(0.1)
Total tax effect on other comprehensive earnings (loss)	$	0.6	$	(1.1)	$	2.0	(0.5)

Schedule of Accumulated Other Comprehensive Earnings (Loss), Net of Tax

Changes in the components of accumulated other comprehensive earnings (loss), net of tax for the six months ended July 2, 2023 and June 26, 2022 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
2023
Balance at December 25, 2022	$	(3.0)	(12.0)	(0.1)	(239.8)	$	(254.9)
Current period other comprehensive earnings (loss)	(0.2)		(7.6)	—	49.2	41.4
Balance at July 2, 2023	$	(3.2)	(19.6)	(0.1)	(190.6)	$	(213.5)
2022
Balance at December 26, 2021	$	(35.1)	(6.0)	0.2	(194.4)	$	(235.3)
Current period other comprehensive earnings (loss)	0.2		6.6	(0.1)	(31.0)	(24.3)
Balance at June 26, 2022	$	(34.9)	0.6	0.1	(225.4)	$	(259.6)