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Other Comprehensive Earnings (Loss) (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Other Comprehensive Earnings (Loss), Tax Effect The following table presents the related tax effects on changes in other comprehensive earnings (loss) for each of the three fiscal years ended December 31, 2023.
(In millions)202320222021
Other comprehensive earnings (loss), tax effect:
Tax benefit on unrealized holding gains
$— 0.1 — 
Tax benefit (expense) on cash flow hedging activities
2.8 (1.3)(1.0)
Tax expense on foreign currency translation amounts
— — (7.2)
Tax expense on changes in unrecognized pension amounts
— (5.9)(1.5)
Reclassifications to earnings, tax effect:
Tax (benefit) expense on cash flow hedging activities
(1.9)1.6 (0.5)
Tax expense (benefit) on amortization of unrecognized pension and postretirement amounts reclassified to the consolidated statements of operations
0.1 (0.3)(0.6)
Total tax effect on other comprehensive earnings (loss)$1.0 (5.8)(10.8)
Schedule of Accumulated Other Comprehensive Loss
Changes in the components of accumulated other comprehensive loss, net of tax for each of the three fiscal years ended December 31, 2023 are as follows:
(In millions)Pension and
Postretirement
Amounts
Gains
(Losses) on
Derivative
Instruments
Unrealized
Holding
Gains (Losses) on
Available
for-Sale
Securities
Foreign
Currency
Translation
Adjustments
Total
Accumulated
Other
Comprehensive
Earnings (Loss)
2023
Balance at December 25, 2022$(3.0)(12.0)(0.1)(239.8)(254.9)
Current period other comprehensive earnings (loss)(0.3)(8.6)— 59.4 50.5 
Reclassifications from AOCE to earnings(0.9)3.8 — — 2.9 
Balance at December 31, 2023$(4.2)(16.8)(0.1)(180.4)(201.5)
2022
Balance at December 26, 2021$(35.1)(6.0)0.2 (194.4)(235.3)
Current period other comprehensive earnings (loss)30.8 10.2 (0.3)(45.4)(4.7)
Reclassifications from AOCE to earnings1.3 (16.2)— — (14.9)
Balance at December 25, 2022$(3.0)(12.0)(0.1)(239.8)(254.9)
2021
Balance at December 27, 2020$(40.7)(22.1)0.3 (132.5)(195.0)
Current period other comprehensive earnings (loss)3.4 13.5 (0.1)(61.9)(45.1)
Reclassifications from AOCE to earnings2.2 2.6 — — 4.8 
Balance at December 26, 2021$(35.1)(6.0)0.2 (194.4)(235.3)