Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 29, 2020

The changes in AOCI by component, net of tax, for the first quarter ended March 29, 2020 and March 31, 2019 are as follows (in millions):


	Foreign Currency Translation		Cash Flow Hedges and Other		Pension and Postretirement Benefits		Total
Balance as of December 29, 2019	$	(150.4)	$	(2.3)	$	(323.1)	$	(475.8)
Other comprehensive loss before reclassifications	(61.3)		(3.6)		—		(64.9)
Amounts reclassified from AOCI	—		(2.3)		3.5		1.2
Net other comprehensive income/(loss)	(61.3)		(5.9)		3.5		(63.7)

Balance as of March 29, 2020	$	(211.7)	$	(8.2)	$	(319.6)	$	(539.5)

	Foreign Currency Translation		Cash Flow Hedges and Other		Pension and Postretirement Benefits		Total
Balance as of December 30, 2018	$	(181.5)	$	(4.9)	$	(306.8)	$	(493.2)
Other comprehensive income before reclassifications	17.0		3.3		—		20.3
Amounts reclassified from AOCI	—		(1.5)		4.6		3.1
Net other comprehensive income	17.0		1.8		4.6		23.4

Balance as of March 31, 2019	$	(164.5)	$	(3.1)	$	(302.2)	$	(469.8)

The reclassifications out of AOCI to net income for the first quarter ended March 29, 2020 and March 31, 2019 are as follows (in millions):


	Amount Reclassified from AOCI for the Three Months Ended		Amount Reclassified from AOCI for the Three Months Ended		Statement of Income
	March 29, 2020		March 31, 2019		Presentation
(Gain) loss on cash flow hedges:
(Gain) loss recognized in income on derivatives	$	(3.1)	$	(2.0)	See Note 4
Income tax impact	0.8		0.5		Provision for income taxes
Total	$	(2.3)	$	(1.5)

Amortization of defined benefit pension and postretirement plan items:
Amortization of prior service cost	$	(1.5)	$	(1.5)	Costs and expenses
Amortization of net actuarial loss	6.0		7.6		Costs and expenses
Total before tax	4.5		6.1
Income tax impact	(1.0)		(1.5)		Provision for income taxes
Total	$	3.5	$	4.6