BUSINESS OVERVIEW (Tables)

3 Months Ended

Mar. 28, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Reclassification of Accumulated Other Comprehensive Income

The changes in AOCI by component are summarized below ($ in millions):

	Foreign currency translation adjustments		Pension & post-retirement plan benefit adjustments (a)			Total
For the Three Months Ended March 28, 2025:
Balance, December 31, 2024	$	(431.4)	$	(34.0)		$	(465.4)
Other comprehensive income (loss) before reclassifications:
Increase (decrease):	78.0		—			78.0
Income tax impact	(7.9)		—			(7.9)
Other comprehensive income (loss) before reclassifications, net of income taxes:	70.1		—			70.1
Amounts reclassified from AOCI into income:
Increase (decrease)	—		—		(b, c)	—
Income tax impact	—		—		(c)	—
Amounts reclassified from AOCI into income, net of income taxes	—		—			—
Net current period other comprehensive income (loss)	70.1		—			70.1
Balance, March 28, 2025	$	(361.3)	$	(34.0)		$	(395.3)
For the Three Months Ended March 29, 2024:
Balance, December 31, 2023	$	(291.7)	$	(34.4)		$	(326.1)
Other comprehensive income (loss) before reclassifications:
Increase (decrease):	(80.1)		—			(80.1)
Income tax impact	3.6		—			3.6
Other comprehensive income (loss) before reclassifications, net of income taxes	(76.5)		—			(76.5)
Amounts reclassified from AOCI into income:
Increase (decrease)	—		0.1		(b)	0.1
Income tax impact	—		—		(c)	—
Amounts reclassified from AOCI into income, net of income taxes	—		0.1			0.1
Net current period other comprehensive income (loss)	(76.5)		0.1			(76.4)
Balance, March 29, 2024	$	(368.2)	$	(34.3)		$	(402.5)
(a) Includes balances relating to defined benefit plans, supplemental executive retirement plans, and other postretirement employee benefit plans.
(b) This component of AOCI is included in the computation of net periodic pension cost (refer to Note 10 in our 2024 Annual Report on Form 10-K for additional details).
(c) Amount was rounded to zero.