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Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Oct. 03, 2021
Equity [Abstract]  
Summary of Accumulated Other Comprehensive Income (Loss), Net of Tax

The balances of accumulated other comprehensive income (loss), net of tax, were as follows for the fiscal quarter and nine months ended October 3, 2021 and September 27, 2020:

 

 

Pension and
Other
Postemployment
Benefits

 

 

Foreign
Currency
Derivatives

 

 

Interest
Rate
Derivatives

 

 

Unrealized
Foreign
Currency
Translation
Adjustments

 

 

Accumulated
Other
Comprehensive
Loss

 

Balance at July 4,2021

 

$

(4.5

)

 

$

(0.6

)

 

$

(37.1

)

 

$

(12.8

)

 

$

(54.9

)

Current period deferrals

 

 

 

 

 

1.0

 

 

 

 

 

 

(13.9

)

 

 

(12.9

)

Amounts reclassified to net income

 

 

 

 

 

1.1

 

 

 

5.9

 

 

 

 

 

 

7.0

 

Net change

 

 

 

 

 

2.1

 

 

 

5.9

 

 

 

(13.9

)

 

 

(5.9

)

Balance at October 3, 2021

 

$

(4.5

)

 

$

1.5

 

 

$

(31.2

)

 

$

(26.7

)

 

$

(61.0

)

 

 

 

 

 

Pension and
Other
Postemployment
Benefits

 

 

Foreign
Currency
Derivatives

 

 

Interest
Rate
Derivatives

 

 

Unrealized
Foreign
Currency
Translation
Adjustments

 

 

Accumulated
Other
Comprehensive
Loss

 

Balance at June 28, 2020

 

$

(4.3

)

 

$

3.9

 

 

$

(55.8

)

 

$

(70.9

)

 

$

(127.1

)

Current period deferrals

 

 

 

 

 

(1.5

)

 

 

0.5

 

 

 

8.1

 

 

 

7.1

 

Amounts reclassified to net loss

 

 

 

 

 

(2.0

)

 

 

0.5

 

 

 

 

 

 

(1.5

)

Net change

 

 

 

 

 

(3.5

)

 

 

1.0

 

 

 

8.1

 

 

 

5.6

 

Balance at September 27, 2020

 

$

(4.3

)

 

$

0.4

 

 

$

(54.8

)

 

$

(62.8

)

 

$

(121.5

)

 

 

 

 

Pension and
Other
Postemployment
Benefits

 

 

Foreign
Currency
Derivatives

 

 

Interest
Rate
Derivatives

 

 

Unrealized
Foreign
Currency
Translation
Adjustments

 

 

Accumulated
Other
Comprehensive
Loss

 

Balance at January 3, 2021

 

$

(4.5

)

 

$

(4.9

)

 

$

(53.9

)

 

$

(5.1

)

 

$

(68.4

)

Current period deferrals

 

 

 

 

 

3.7

 

 

 

1.8

 

 

 

(21.7

)

 

 

(16.1

)

Amounts reclassified to net loss

 

 

 

 

 

2.7

 

 

 

20.9

 

 

 

 

 

 

23.6

 

Net change

 

 

 

 

 

6.4

 

 

 

22.7

 

 

 

(21.7

)

 

 

7.5

 

Balance at October 3, 2021

 

$

(4.5

)

 

$

1.5

 

 

$

(31.2

)

 

$

(26.7

)

 

$

(61.0

)

 

 

 

 

 

Pension and
Other
Postemployment
Benefits

 

 

Foreign
Currency
Derivatives

 

 

Interest
Rate
Derivatives

 

 

Unrealized
Foreign
Currency
Translation
Adjustments

 

 

Accumulated
Other
Comprehensive
Loss

 

Balance at December 29, 2019

 

$

(4.3

)

 

$

2.7

 

 

$

(5.8

)

 

$

(64.5

)

 

$

(71.9

)

Current period deferrals

 

 

 

 

 

2.2

 

 

 

(43.4

)

 

 

1.7

 

 

 

(39.5

)

Amounts reclassified to net loss

 

 

 

 

 

(4.5

)

 

 

(1.9

)

 

 

 

 

 

(6.4

)

Cumulative effect of change in accounting
   standard

 

 

 

 

 

 

 

 

(3.7

)

 

 

 

 

 

(3.7

)

Net change

 

 

 

 

 

(2.3

)

 

 

(49.0

)

 

 

1.7

 

 

 

(49.6

)

Balance at September 27, 2020

 

$

(4.3

)

 

$

0.4

 

 

$

(54.8

)

 

$

(62.8

)

 

$

(121.5

)