Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 26, 2021

Accumulated Other Comprehensive Loss [Abstract]

Rollforward of accumulated other comprehensive loss

(In millions, net of tax)	Foreign Currency Items (a)		Cash Flow Hedges (b)		Pension and Other Post-retirement Items (c)		Total
Balance at December 26, 2020	$	(648.4)	$	0.2	$	(37.7)	$	(685.9)
Other comprehensive income (loss) before reclassifications	7.3		0.1		0.5		7.9
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		1.6		1.6
Other comprehensive income (loss)	7.3		0.1		2.1		9.5
Balance at June 26, 2021	$	(641.1)	$	0.3	$	(35.6)	$	(676.4)

____________________

(a)    Foreign currency item amounts reclassified from accumulated other comprehensive income (loss) impact the other (income) expense, net line item in the Consolidated Statements of Income.

(b) Cash flow hedge amounts reclassified from accumulated other comprehensive income (loss) impact the cost of products sold line item in the Consolidated Statements of Income. Also see additional information for cash flow hedges at Note 14: Derivative Financial Instruments and Hedging Activities.

(c) See additional information for pension and other post-retirement items at Note 18: Retirement Benefit Plans.

(In millions, net of tax)	Foreign Currency Items (a)		Cash Flow Hedges (b)		Pension and Other Post-retirement Items (c)		Total
Balance at December 28, 2019	$	(600.2)	$	(2.4)	$	(35.7)	$	(638.3)
Other comprehensive income (loss) before reclassifications	(70.8)		6.5		(0.5)		(64.8)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(2.0)		1.6		(0.4)
Other comprehensive income (loss)	(70.8)		4.5		1.1		(65.2)
Balance at June 27, 2020	$	(671.0)	$	2.1	$	(34.6)	$	(703.5)

____________________

(a)    Foreign currency item amounts reclassified from accumulated other comprehensive income (loss) impact the other (income) expense, net line item in the Consolidated Statements of Income.

(b) Cash flow hedge amounts reclassified from accumulated other comprehensive income (loss) impact the cost of products sold line item in the Consolidated Statements of Income. Also see additional information for cash flow hedges at Note 14: Derivative Financial Instruments and Hedging Activities.

(c) See additional information for pension and other post-retirement items at Note 18: Retirement Benefit Plans.

Amounts reclassified from accumulated other comprehensive loss that related to cash flow hedges consisted of:

	26 weeks ended
(In millions)	June 26, 2021		June 27, 2020
Cash flow hedges (gain) losses	$	—	$	(2.5)
Tax (benefit) provision	—		0.5
Amounts reclassified from accumulated other comprehensive income (loss) for cash flow hedges	$	—	$	(2.0)

Amounts reclassified from accumulated other comprehensive loss related to pension and other post-retirement items consisted of:

	26 weeks ended
(In millions)	June 26, 2021		June 27, 2020
Prior service (benefit) costs	$	(0.3)	$	(0.1)
Settlements (gains) losses	1.4		0.4
Actuarial (gains) losses	1.7		0.9
Tax (benefit) provision	(1.2)		0.4
Amounts reclassified from accumulated other comprehensive income (loss) related to pension and other post-retirement items	$	1.6	$	1.6