Retirement Plans (Tables)

3 Months Ended

Apr. 02, 2022

Retirement Benefits [Abstract]

Summary of Net Pension and SERP Expense Recognized

The following is a summary of net pension and Supplemental Executive Retirement Plan (“SERP”) expense recognized by the Company.

	Quarter Ended
(In millions)	April 2, 2022		April 3, 2021
Service cost pertaining to benefits earned during the period	$	1.3	$	1.8
Interest cost on projected benefit obligations	3.3		3.2
Expected return on pension assets	(5.1)		(4.9)
Net amortization loss	2.8		3.4
Net pension expense	$	2.3	$	3.5