Pension and Other Postretirement Benefit Plans (Tables)

6 Months Ended

Jul. 03, 2021

Retirement Benefits [Abstract]

Net Periodic Pension and Other Postretirement Benefit (Credit) Cost

The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions):

	Three Months Ended								Six Months Ended
	July 3, 2021				July 4, 2020				July 3, 2021				July 4, 2020
	U.S.		Foreign		U.S.		Foreign		U.S.		Foreign		U.S.		Foreign
Service cost	$	—	$	1.4	$	—	$	1.2	$	—	$	2.7	$	—	$	2.4
Interest cost	3.6		2.7		4.1		3.0		7.2		5.3		8.2		6.1
Expected return on plan assets	(5.9)		(5.0)		(5.3)		(4.9)		(11.8)		(9.8)		(10.6)		(9.9)
Amortization of actuarial loss	0.9		1.6		0.5		1.2		1.9		3.1		1.1		2.3
Settlement loss	—		—		—		—		0.4		—		0.3		—
Net periodic benefit (credit) cost	$	(1.4)	$	0.7	$	(0.7)	$	0.5	$	(2.3)	$	1.3	$	(1.0)	$	0.9

The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions):

	Three Months Ended								Six Months Ended
	July 3, 2021				July 4, 2020				July 3, 2021				July 4, 2020
	U.S.		Foreign		U.S.		Foreign		U.S.		Foreign		U.S.		Foreign
Interest cost	$	0.4	$	0.2	$	0.4	$	0.2	0.7		0.4		0.8		0.4
Amortization of actuarial gain	(0.3)		—		(0.4)		—		(0.6)		—		(0.8)		—
Amortization of prior service credit	(0.1)		—		(0.1)		—		(0.1)		—		(0.1)		—
Net periodic benefit (credit) cost	$	—	$	0.2	$	(0.1)	$	0.2	$	—	$	0.4	$	(0.1)	$	0.4