Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 29, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table includes the changes in accumulated other comprehensive loss by component for the years ended December 29, 2023 and December 30, 2022 (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
Balance at December 31, 2021	$	(40.9)		$	(17.4)		$	(8.6)	$	(66.9)
Other comprehensive income (loss) before reclassifications	67.1		(3)	(18.6)		(2)	(4.1)		44.4
Amounts reclassified from accumulated other comprehensive loss	(20.2)			—			1.2		(19.0)
Net current period other comprehensive income (loss)	46.9			(18.6)			(2.9)		25.4
Balance at December 30, 2022	$	6.0		$	(36.0)		$	(11.5)	$	(41.5)
Other comprehensive income (loss) before reclassifications	8.8		(3)	(3.5)		(2)	0.9		6.2
Amounts reclassified from accumulated other comprehensive loss	(11.0)			2.4			0.6		(8.0)
Net current period other comprehensive income (loss)	(2.2)			(1.1)			1.5		(1.8)
Balance at December 29, 2023	$	3.8		$	(37.1)		$	(10.0)	$	(43.3)

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

(2) Includes a gain of $1.0 million for the year ended December 29, 2023 and a loss of $4.8 million for the year ended December 30, 2022 related to intra-entity foreign currency transactions that are of a long-term-investment nature.

(3) Includes a tax effect of $1.7 million for the year ended December 29, 2023 and $(5.8) million for the year ended December 30, 2022.

Reclassification out of Accumulated Other Comprehensive Income

The following table includes details about amounts reclassified from accumulated other comprehensive loss by component for the years ended December 29, 2023 and December 30, 2022 (U.S. dollars in millions): 

	Amount of (gain) loss reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive loss components	December 29, 2023		December 30, 2022		Affected line item in the statement where net income is presented
Cash flow hedges:
Designated as hedging instruments:
Foreign currency cash flow hedges	$	(3.2)	$	(31.4)	Net sales
Foreign currency cash flow hedges	1.0		6.5		Cost of products sold
Interest rate swaps	(8.8)		4.7		Interest expense
Total	$	(11.0)	$	(20.2)
Amortization of retirement benefits:
Actuarial losses	0.6		0.8		Other expense, net
Curtailment and settlement losses	—		0.4		Other expense, net
Total	$	0.6	$	1.2