Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 29, 2023

The changes in Accumulated other comprehensive income by component are summarized below:


($ in millions)	Foreign Currency Translation Adjustments		Other Adjustments (b)			Total
For the Three Months Ended September 29, 2023:
Balance, June 30, 2023	$	95.7	$	(1.6)		$	94.1
Other comprehensive loss before reclassifications, net of income taxes	(22.1)		—			(22.1)





Net current period other comprehensive loss, net of income taxes	(22.1)		—			(22.1)
Balance, September 29, 2023	$	73.6	$	(1.6)		$	72.0

For the Three Months Ended September 30, 2022:
Balance, July 1, 2022	$	106.7	$	(3.0)		$	103.7
Other comprehensive loss before reclassifications, net of income taxes	(44.7)		—			(44.7)
Amounts reclassified from accumulated other comprehensive income:
Increase	—		0.1		(a)	0.1
Income tax impact	—		(0.1)			(0.1)
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—		—			—
Net current period other comprehensive loss, net of income taxes	(44.7)		—			(44.7)
Balance, September 30, 2022	$	62.0	$	(3.0)		$	59.0

(a) This accumulated other comprehensive income component is included in the computation of net periodic pension cost.
(b) Includes balances relating to defined benefit plans and supplemental executive retirement plans.


($ in millions)	Foreign Currency Translation Adjustments			Other Adjustments (b)			Total
For the Nine Months Ended September 29, 2023:
Balance, December 31, 2022	$	107.8		$	(1.7)		$	106.1
Other comprehensive loss before reclassifications, net of income taxes	(34.5)			—			(34.5)
Amounts reclassified from accumulated other comprehensive income:
Sale of business	0.3		(c)	—			0.3
Increase	—			0.1		(a)	0.1

Amounts reclassified from accumulated other comprehensive income, net of income taxes	0.3			0.1			0.4
Net current period other comprehensive (loss) income, net of income taxes	(34.2)			0.1			(34.1)
Balance, September 29, 2023	$	73.6		$	(1.6)		$	72.0

For the Nine Months Ended September 30, 2022:
Balance, December 31, 2021	$	184.9		$	(3.2)		$	181.7
Other comprehensive loss before reclassifications, net of income taxes	(122.9)			—			(122.9)
Amounts reclassified from accumulated other comprehensive income:
Increase	—			0.3		(a)	0.3
Income tax impact	—			(0.1)			(0.1)
Amounts reclassified from accumulated other comprehensive income, net of income taxes	—			0.2			0.2
Net current period other comprehensive (loss) income, net of income taxes	(122.9)			0.2			(122.7)
Balance, September 30, 2022	$	62.0		$	(3.0)		$	59.0

(a) This accumulated other comprehensive income component is included in the computation of net periodic pension cost.
(b) Includes balances relating to defined benefit plans and supplemental executive retirement plans.
(c) Reclassified to Gain on sale of business in the Consolidated Condensed Statements of Earnings and Comprehensive Income.