Other Comprehensive Earnings (Loss) (Tables)

9 Months Ended

Sep. 29, 2024

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 three and nine months ended September 29, 2024 and October 1, 2023.

	Three Months Ended				Nine Months Ended
	September 29, 2024		October 1, 2023		September 29, 2024		October 1, 2023
Other comprehensive earnings (loss), tax effect:
Tax benefit (expense) on cash flow hedging activities	$	0.4	$	(0.7)	$	(0.8)	$	1.6
Reclassifications to earnings (loss), tax effect:
Tax (benefit) expense on cash flow hedging activities	—		(0.9)		(0.5)		(1.4)
Amortization of unrecognized pension and postretirement amounts	—		—		—		0.1
Total tax effect on other comprehensive earnings (loss)	$	0.4	$	(1.6)	$	(1.3)	$	0.3

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 September 29, 2024 and October 1, 2023 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
2024
Balance at December 31, 2023	$	(4.2)	$	(16.8)	$	(0.1)	$	(180.4)	$	(201.5)
Current period other comprehensive earnings (loss)	(0.1)		1.9		—		(28.1)		(26.3)
Balance at September 29, 2024	$	(4.3)	$	(14.9)	$	(0.1)	$	(208.5)	$	(227.8)
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)