Financial Instruments and Risk Management (Tables)

9 Months Ended

Sep. 30, 2023

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	September 30, 2023		December 31, 2022		October 1, 2022
Foreign exchange hedge contracts	$	267.8	$	334.2	$	376.3
Interest rate swap	109.6		176.2		240.6

Schedule of Derivative Assets at Fair Value [Table Text Block]

The recorded fair values of the Company’s derivative instruments are as follows:

(In millions)	September 30, 2023		December 31, 2022		October 1, 2022
Financial assets:
Foreign exchange hedge contracts	$	4.3	$	7.5	$	32.3
Interest rate swap	3.0		6.1		7.2
Financial liabilities:
Foreign exchange hedge contracts	$	(0.3)	$	(1.3)	$	—