XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 3 Months Ended
Mar. 31, 2022
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 months ended March 31, 2022 and April 3, 2021 (in millions):
Three Months Ended
March 31, 2022Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$21.0 $(14.3)$(201.8)$(195.1)
Other Comprehensive Income (Loss) before Reclassifications34.4 0.2 (1.0)33.6 
Tax Impact(8.3)— — (8.3)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(8.0)0.2 — (7.8)
Tax Impact2.0 — — 2.0 
Net Current Period Other Comprehensive Income (Loss)20.1 0.4 (1.0)19.5 
Ending Balance$41.1 $(13.9)$(202.8)$(175.6)
April 3, 2021Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$23.5 $(31.1)$(155.7)$(163.3)
Other Comprehensive Income (Loss) before Reclassifications19.2 — (21.4)(2.2)
Tax Impact(4.6)— — (4.6)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(11.5)0.4 — (11.1)
Tax Impact2.8 (0.1)— 2.7 
Net Current Period Other Comprehensive Income (Loss)5.9 0.3 (21.4)(15.2)
Ending Balance$29.4 $(30.8)$(177.1)$(178.5)
The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from AOCI in the tables above are disclosed in Note 13.

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).