Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)

The following table includes the changes in accumulated other comprehensive loss by component (U.S. dollars in millions): 

	Changes in Accumulated Other Comprehensive Loss by Component (1)
	Cash Flow Hedges			Foreign Currency Translation Adjustment			Retirement Benefit Adjustment		Total
	Nine months ended September 30, 2022
Balance at December 31, 2021	$	(40.9)		$	(17.4)		$	(8.6)	$	(66.9)
Other comprehensive income (loss)     before reclassifications	66.4		(3)	(35.5)		(2)	0.2		31.1
Amounts reclassified from accumulated     other comprehensive loss	(10.4)			—			1.0		(9.4)
Net current period other comprehensive     income (loss)	56.0			(35.5)			1.2		21.7
Balance at September 30, 2022	$	15.1		$	(52.9)		$	(7.4)	$	(45.2)
	Nine months ended October 1, 2021
Balance at January 1, 2021	$	(49.6)		$	(3.3)		$	(24.1)	$	(77.0)
Other comprehensive income (loss)     before reclassifications	10.2		(3)	(9.2)		(2)	(1.9)		(0.9)
Amounts reclassified from accumulated     other comprehensive loss	2.1		(4)	—			0.7		2.8
Net current period other comprehensive     income (loss)	12.3			(9.2)			(1.2)		1.9
Balance at October 1, 2021	$	(37.3)		$	(12.5)		$	(25.3)	$	(75.1)

(1) All amounts are net of tax and noncontrolling interest.

(2) Includes a loss of $11.0 million and $4.2 million for the nine months ended September 30, 2022 and nine months ended October 1, 2021, respectively, on intra-entity foreign currency transactions that are of a long-term-investment nature.

(3) Includes a tax effect of $(5.7) million and $(1.9) million for the nine months ended September 30, 2022 and nine months ended October 1, 2021, respectively.

(4) Includes amounts reclassified for both designated and dedesignated cash flow hedges. Refer to the following table for the amounts of each.

Amounts reclassified from accumulated other comprehensive (loss) income

The following table includes details about amounts reclassified from accumulated other comprehensive loss by component (U.S. dollars in millions): 

	Amount of (gain) loss reclassified from accumulated other comprehensive loss
	September 30, 2022				October 1, 2021
Details about accumulated other comprehensive loss components	Quarter ended		Nine months ended		Quarter ended		Nine months ended		Affected line item in the statement where net income is presented
Cash flow hedges:
Designated as hedging instruments:
Foreign currency cash flow hedges	$	(10.4)	$	(19.8)	$	(1.5)	$	(0.8)	Net sales
Foreign currency cash flow hedges	(0.2)		3.9		(0.6)		—		Cost of products sold
Interest rate swaps	0.7		5.5		2.8		8.5		Interest expense
Bunker fuel swaps no longer designated as hedging instruments	—		—		(1.4)		(4.6)		Cost of products sold
Bunker fuel swaps no longer designated as hedging instruments	—		—		—		(1.0)		Other expense, net
Total	$	(9.9)	$	(10.4)	$	(0.7)	$	2.1
Amortization of retirement benefits:
Actuarial losses	0.2		0.6		0.2		0.7		Other expense, net
Curtailment and settlement losses	0.4		0.4		—		—		Other expense, net
Total	$	0.6	$	1.0	$	0.2	$	0.7