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Retirement Plans (Tables)
 12 Months Ended
Dec. 31, 2022
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]  
Schedule Of Defined Benefit Pension Assets Investment
The Company's target allocation, target return and actual weighted-average asset allocation by asset category are as follows:

TargetActual Allocation
AllocationReturn20222021
Equity Investments47.7%
7.3 - 8.9%
41.1%35.7%
Fixed Income38.1%
2.9 - 7.0%
44.7%55.0%
Other14.2%
0.5% - 7.0%
14.2%9.3%
Total100.0%6.6%100.0%100.0%
Schedule Of Reconciliation Of Funded Status Of The Defined Benefit Plans
The following table presents a reconciliation of the funded status of the defined benefit pension plans:
20222021
Change in Projected Benefit Obligation:
Obligation at Beginning of Period$587.2 $298.4 
Service Cost1.4 1.2 
Interest Cost14.0 7.5 
Actuarial Gain(123.9)(1.2)
Less: Benefits Paid32.5 19.7 
Settlements(0.2)(1.9)
Foreign Currency Translation(5.7)(3.0)
Acquisitions— 305.9 
Obligation at End of Period$440.3 $587.2 
Change in Fair Value of Plan Assets:
Fair Value of Plan Assets at Beginning of Period$478.9 $230.2 
Actual Return on Plan Assets(104.5)33.7 
Employer Contributions8.3 5.7 
Less: Benefits Paid32.5 19.7 
Settlements(0.2)(1.9)
Foreign Currency Translation(3.8)(1.3)
Acquisitions— 232.2 
Fair Value of Plan Assets at End of Period$346.2 $478.9 
Funded Status$(94.1)$(108.3)
Schedule Of Fair Value Of Plan Assets
Pension assets by type and level are as follows:
December 31, 2022
TotalLevel 1Level 2Level 3
Cash and Cash Equivalents$4.3 $4.3 $— $— 
Mutual Funds:
US Equity Funds1.5 1.5 — — 
International Equity Funds3.1 3.1 — — 
Fixed Income Funds2.3 2.3 — — 
Other1.6 1.6 — — 
Insurance Contracts20.9 — — 20.9 
$33.7 $12.8 $— $20.9 
Investments Measured at Net Asset Value312.5 
Total$346.2 
January 1, 2022
TotalLevel 1Level 2Level 3
Cash and Cash Equivalents$5.3 $5.3 $— $— 
Mutual Funds:
US Equity Funds1.9 1.9 — — 
International Equity Funds3.9 3.9 — — 
Fixed Income Funds2.9 2.9 — — 
 Other2.0 2.0 — — 
Insurance Contracts34.0 — — 34.0 
$50.0 $16.0 $— $34.0 
Investments Measured at Net Asset Value428.9 
Total$478.9 

The following table sets forth additional disclosures for the fair value measurement of the fair value of pension plan assets that calculate fair value based on NAV per share practical expedient as of December 31, 2022 and January 1, 2022:
20222021
Common Collective Trust Funds$312.5 $428.9 
Schedule of Level Three Defined Benefit Plan Assets
The table below sets forth a summary of changes in the Company's Level 3 assets in its pension plan investments as of December 31, 2022 and January 1, 2022:
20222021
Insurance ContractsTotalReal Estate FundInsurance ContractsTotal
Beginning Balance$34.0 $34.0 $10.0 $— $10.0 
Acquisition— — — 33.6 33.6 
Net Sales(0.2)(0.2)(11.6)— (11.6)
Net (Losses) Gains (10.7)(10.7)1.6 1.4 3.0 
Translation(2.2)(2.2)— (1.0)(1.0)
Ending Balance$20.9 $20.9 $— $34.0 $34.0 
Schedule Of Amounts Recognized in Balance Sheet of Defined Benefit Plans
The Company recognized the funded status of its defined benefit pension plans on the Consolidated Balance Sheets as follows:
20222021
Other Noncurrent Assets$2.1 $0.8 
Accrued Compensation and Benefits(4.4)(4.9)
Pension and Other Post Retirement Benefits(91.8)(104.2)
Total$(94.1)$(108.3)
Amounts Recognized in Accumulated Other Comprehensive Loss
Net Actuarial Gain$21.2 $20.5 
Prior Service Cost0.4 0.7 
Total$21.6 $21.2 
Schedule of Accumulated Benefit Obligations in Excess of Plan Assets
Defined pension plans with accumulated benefit obligations in excess of plan assets as of December 31, 2022 and January 1, 2022 were as follows:

20222021
Projected Benefit Obligation$407.0 $554.9 
Accumulated Benefit Obligation405.1 548.6 
Fair Value of Plan Assets310.9 445.8 

Defined pension plans with projected benefit obligations in excess of plan assets as of December 31, 2022 and January 1, 2022 were as follows:

20222021
Projected Benefit Obligation$408.6 $554.9 
Accumulated Benefit Obligation406.4 548.6 
Fair Value of Plan Assets312.3 445.8 
Schedule Of Weighted-Average Assumptions Used To Determine Projected Benefit Obligation
The following weighted average assumptions were used to determine the projected benefit obligation as of December 31, 2022 and January 1, 2022, respectively:
20222021
Discount Rate5.2%2.7%
Schedule Of Net Periodic Pension Benefit Costs For The Defined Benefit Plans
Net periodic pension benefit costs and the net actuarial loss and prior service cost recognized in OCI for the defined benefit pension plans were as follows:
202220212020
Service Cost$1.4 $1.2 $2.0 
Interest Cost14.0 7.5 8.0 
Expected Return on Plan Assets(20.3)(14.5)(13.3)
Amortization of Net Actuarial Loss1.0 3.0 1.9 
Amortization of Prior Service Cost0.1 0.2 0.3 
Net Periodic Benefit Cost$(3.8)$(2.6)$(1.1)
Change in Obligations Recognized in OCI, Net of Tax
    Prior Service Cost$0.1 $0.1 $0.2 
    Net Actuarial Loss0.7 2.4 1.5 
Total Recognized in OCI$0.8 $2.5 $1.7 
Schedule Of Assumptions Used To Determine Net Periodic Pension Cost
The following weighted average assumptions were used to determine net periodic pension cost for fiscal years 2022, 2021 and 2020, respectively.
202220212020
Discount Rate2.7%2.6%3.3%
Expected Long-Term Rate of Return on Assets4.6%6.2%7.0%
Schedule Of Pension Benefit Payments Expected Future Service
The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid:
YearExpected Payments
2023$35.0 
202433.9 
202534.2 
202634.7 
202733.6 
2028-2032163.3