Other Comprehensive Earnings (Loss) (Tables)

9 Months Ended

Oct. 01, 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 nine months ended October 1, 2023 and September 25, 2022.

	Quarter Ended				Nine Months Ended
	October 1, 2023		September 25, 2022		October 1, 2023		September 25, 2022
Other comprehensive earnings (loss), tax effect:
Tax expense on unrealized holding losses	$	—	$	—	$	—	0.1
Tax (expense) benefit on cash flow hedging activities	(0.7)		(1.7)		1.6		(2.1)
Reclassifications to earnings, tax effect:
Tax (benefit) expense on cash flow hedging activities	(0.9)		0.6		(1.4)		0.5
Amortization of unrecognized pension and postretirement amounts	—		—		0.1		(0.1)
Total tax effect on other comprehensive earnings (loss)	$	(1.6)	$	(1.1)	$	0.3	(1.6)

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 nine months ended October 1, 2023 and September 25, 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)		0.3	—	46.4	46.5
Balance at October 1, 2023	$	(3.2)	(11.7)	(0.1)	(193.4)	$	(208.4)
2022
Balance at December 26, 2021	$	(35.1)	(6.0)	0.2	(194.4)	$	(235.3)
Current period other comprehensive earnings (loss)	0.3		13.4	(0.3)	(103.0)	(89.6)
Balance at September 25, 2022	$	(34.8)	7.4	(0.1)	(297.4)	$	(324.9)