Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Apr. 02, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income by Component, Net of Tax

The changes in accumulated other comprehensive income (loss) by component, net of tax, for the first quarter 2023 and 2022 are included in the table below. Amounts in parentheses indicate debits.

	First Quarter
	2023		2022
	(In millions of dollars)
Foreign currency translation adjustments:
Beginning balance	$	(7.4)	$	(25.0)
Other comprehensive income (loss) before reclassifications	2.3		(9.9)
Amounts reclassified from accumulated other comprehensive income (loss) - liquidation of Japan subsidiary	—		20.4		(1)
Amounts reclassified from accumulated other comprehensive income (loss) - equity method investment and other	—		2.5		(2)
Net current-period other comprehensive income (loss)	2.3		13.0
Ending balance	(5.1)		(12.0)
Pension liability adjustments:
Beginning balance	(1.1)		(2.7)
Other comprehensive income (loss) before reclassifications	—		—
Amounts reclassified from accumulated other comprehensive income (loss)	—		—
Net current-period other comprehensive income (loss)	—		—
Ending balance	(1.1)		(2.7)
Total accumulated other comprehensive income (loss)	$	(6.2)	$	(14.7)

(1)Amount was recorded in the loss on currency translation from liquidation of subsidiary in the consolidated statements of earnings.

(2)Of the amount included in this line item, $1.9 million was recorded in the other income (expense), net in the consolidated statement of earnings related to the investment in PersolKelly Pte. Ltd., (see Investment in PersolKelly Pte. Ltd. footnote for more details).