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Comprehensive Income
 9 Months Ended
Sep. 30, 2023
Comprehensive Income [Abstract]  
Comprehensive Income Comprehensive Income
Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheets includes foreign currency cumulative translation adjustments; prior service costs and credits and net actuarial gains and losses for defined benefit plans; and unrealized derivative gains and losses, all net of tax. Changes in the components of Accumulated other comprehensive loss, all net of tax, for the three and nine months ended September 30, 2023 and October 1, 2022 are as follows:
Three Months EndedNine Months Ended
(in millions)Sep 30,
2023		Oct 1,
2022		Sep 30,
2023		Oct 1,
2022
Net earnings$112.5 $163.8 $359.5 $535.3 
Other comprehensive income (loss):
Foreign currency cumulative translation adjustments(20.7)(27.5)(12.2)(58.0)
Net change in unamortized actuarial gains0.1 0.4 0.3 0.9 
Net change in unrealized derivative gains7.3 21.3 (0.7)48.9 
Total other comprehensive (loss) income(13.3)(5.8)(12.6)(8.2)
Comprehensive income$99.2 $158.0 $346.9 $527.1 
The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended September 30, 2023:
(in millions)Foreign currency translationPrior service creditsNet actuarial gainsUnrealized investment gainsNet derivative gainsTotal
Beginning balance$(62.8)$(4.1)$9.9 $0.2 $28.0 $(28.8)
Other comprehensive income before reclassifications (A)
(20.7)— — — 8.1 (12.6)
Amounts reclassified from Accumulated other comprehensive loss (B)
— — 0.1 — (0.8)(0.7)
Net other comprehensive income (loss)(20.7)— 0.1 — 7.3 (13.3)
Ending balance$(83.5)$(4.1)$10.0 $0.2 $35.3 $(42.1)

(A) The tax effects for the three months ended September 30, 2023 were $1.1 million for foreign currency translation and $(2.9) million for derivatives.
(B) See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the three months ended September 30, 2023.

The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the nine months ended September 30, 2023:
(in millions)Foreign currency translationPrior service creditsNet actuarial gainsUnrealized investment gainsNet derivative gainsTotal
Beginning balance$(71.3)$(4.1)$9.7 $0.2 $36.0 $(29.5)
Other comprehensive income before reclassifications (A)
(12.2)— — — 7.6 (4.6)
Amounts reclassified from Accumulated other comprehensive loss (B)
— — 0.3 — (8.3)(8.0)
Net other comprehensive income (loss)(12.2)— 0.3 — (0.7)(12.6)
Ending balance$(83.5)$(4.1)$10.0 $0.2 $35.3 $(42.1)

(A) The tax effects for the nine months ended September 30, 2023 were $0.6 million for foreign currency translation and $(3.3) million for derivatives.
(B) See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the nine months ended September 30, 2023

The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended October 1, 2022:
(in millions)Foreign currency translationPrior service creditsNet actuarial lossesUnrealized investment gainsNet derivative gainsTotal
Beginning balance$(65.0)$(3.7)$(2.9)$0.2 $37.5 $(33.9)
Other comprehensive (loss) income before reclassifications (A)
(27.5)— 0.3 — 26.3 (0.9)
Amounts reclassified from Accumulated other comprehensive loss (B)
— — 0.1 — (5.0)(4.9)
Net other comprehensive income (loss)(27.5)— 0.4 — 21.3 (5.8)
Ending balance$(92.5)$(3.7)$(2.5)$0.2 $58.8 $(39.7)

(A) The tax effects for the three months ended October 1, 2022 were $5.4 million for foreign currency translation and $(3.6) million for derivatives.
(B) See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the three months ended October 1, 2022.
The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the nine months ended October 1, 2022:
(in millions)Foreign currency translationPrior service creditsNet actuarial lossesUnrealized investment gainsNet derivative gainsTotal
Beginning balance$(34.5)$(3.7)$(3.4)$0.2 $9.9 $(31.5)
Other comprehensive (loss) income before reclassifications (A)
(58.0)— 0.3 — 62.7 5.0 
Amounts reclassified from Accumulated other comprehensive loss (B)
— — 0.6 — (13.8)(13.2)
Net other comprehensive income (loss)(58.0)— 0.9 — 48.9 (8.2)
Ending balance$(92.5)$(3.7)$(2.5)$0.2 $58.8 $(39.7)

(A) The tax effects for the nine months ended October 1, 2022 were $8.5 million for foreign currency translation and $(16.3) million for derivatives.
(B) See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the nine months ended October 1, 2022

The following table presents reclassification adjustments out of Accumulated other comprehensive loss during the three and nine months ended September 30, 2023 and October 1, 2022:
Three Months EndedNine Months Ended
Details about Accumulated other comprehensive (loss) income components (in millions)Sep 30,
2023		Oct 1,
2022		Sep 30,
2023		Oct 1,
2022		Affected line item in the statement where net income is presented
Amortization of defined benefit items:
Net actuarial losses$(0.1)$(0.4)$(0.3)$(0.9)Other income (expense), net
(0.1)(0.4)(0.3)(0.9)Earnings before income taxes
— 0.3 — 0.3 Income tax provision
$(0.1)$(0.1)$(0.3)$(0.6)Net earnings from continuing operations
Amount of gain (loss) reclassified into earnings on derivative contracts:
Interest-rate contracts$— $(0.1)$(0.1)$(0.2)Interest expense
Foreign exchange contracts2.4 7.7 14.0 15.7 Cost of sales
Commodity contracts(1.1)(0.8)(2.2)3.1 Cost of sales
1.3 6.8 11.7 18.6 Earnings before income taxes
(0.5)(1.8)(3.4)(4.8)Income tax provision
$0.8 $5.0 $8.3 $13.8 Net earnings from continuing operations