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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jul. 03, 2021
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, hedging activities and pension and post retirement benefit adjustments are included in Accumulated Other Comprehensive Income (Loss) ("AOCI") a component of Total Equity.
The following tables present changes in AOCI by component for the three and six months ended July 3, 2021 and June 27, 2020 (in millions):
Three Months Ended
July 3, 2021Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$29.4 $(30.8)$(177.1)$(178.5)
Other Comprehensive Income before Reclassifications17.5 — 9.3 26.8 
Tax Impact(4.2)— — (4.2)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(11.3)0.5 — (10.8)
Tax Impact2.7 (0.1)— 2.6 
Net Current Period Other Comprehensive Income4.7 0.4 9.3 14.4 
Ending Balance$34.1 $(30.4)$(167.8)$(164.1)
June 27, 2020Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$(23.6)$(30.5)$(272.0)$(326.1)
Other Comprehensive Income (Loss) before Reclassifications14.9 (0.1)18.2 33.0 
Tax Impact(3.6)— — (3.6)
Amounts Reclassified from Accumulated Other Comprehensive Income2.1 0.2 — 2.3 
Tax Impact(0.5)(0.1)— (0.6)
Net Current Period Other Comprehensive Income12.9 — 18.2 31.1 
Ending Balance$(10.7)$(30.5)$(253.8)$(295.0)
Six Months Ended
July 3, 2021
Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$23.5 $(31.1)$(155.7)$(163.3)
Other Comprehensive Income (Loss) before Reclassifications36.7 — (12.1)24.6 
Tax Impact(8.8)— — (8.8)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(22.8)0.9 — (21.9)
Tax Impact5.5 (0.2)— 5.3 
Net Current Period Other Comprehensive Income (Loss)10.6 0.7 (12.1)(0.8)
Ending Balance$34.1 $(30.4)$(167.8)$(164.1)
Six Months Ended
June 27, 2020
Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning balance$8.0 $(31.0)$(214.8)$(237.8)
Other Comprehensive Income (Loss) before Reclassifications(24.1)0.3 (39.0)(62.8)
Tax Impact5.8 — — 5.8 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(0.5)0.3 — (0.2)
Tax Impact0.1 (0.1)— — 
Net Current Period Other Comprehensive Income (Loss)(18.7)0.5 (39.0)(57.2)
Ending Balance$(10.7)$(30.5)$(253.8)$(295.0)

The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from AOCI in the tables above are disclosed in Note 14.

The reclassification amounts for pension and post retirement benefit adjustments in the tables above are part of net periodic benefit costs recorded in Other Income, Net (see also Note 8).