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Accumulated Other Comprehensive Loss
 12 Months Ended
Jan. 02, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Loss

(24) Accumulated other comprehensive loss

The following table summarizes the changes in accumulated other comprehensive income (loss) (“AOCI”), net of tax:

 

 

Pension and
other
postemployment
benefits

 

 

Foreign
currency
derivatives

 

 

Interest
rate cap
derivatives

 

 

Unrealized
foreign
currency
translation
adjustments

 

 

Accumulated
other
comprehensive
loss

 

Balance at December 30, 2018

 

$

(1.0

)

 

$

0.6

 

 

$

11.8

 

 

$

(63.6

)

 

$

(52.2

)

Current period deferrals

 

 

(2.3

)

 

 

3.1

 

 

 

(9.6

)

 

 

(0.9

)

 

 

(9.7

)

Amounts reclassified to net loss

 

 

(1.0

)

 

 

(1.0

)

 

 

(7.8

)

 

 

—

 

 

 

(9.8

)

Cumulative effect of change in accounting standard

 

 

—

 

 

 

—

 

 

 

(0.2

)

 

 

—

 

 

 

(0.2

)

Net change

 

 

(3.3

)

 

 

2.1

 

 

 

(17.6

)

 

 

(0.9

)

 

 

(19.7

)

Balance at December 29, 2019

 

 

(4.3

)

 

 

2.7

 

 

 

(5.8

)

 

 

(64.5

)

 

 

(71.9

)

Current period deferrals

 

 

(0.1

)

 

 

(2.3

)

 

 

(43.4

)

 

 

59.4

 

 

 

13.6

 

Cumulative effect of change in accounting standard

 

 

—

 

 

 

—

 

 

 

(3.7

)

 

 

—

 

 

 

(3.7

)

Amounts reclassified to net loss

 

 

(0.1

)

 

 

(5.3

)

 

 

(1.0

)

 

 

—

 

 

 

(6.4

)

Net change

 

 

(0.2

)

 

 

(7.6

)

 

 

(48.1

)

 

 

59.4

 

 

 

3.5

 

Balance at January 3, 2021

 

 

(4.5

)

 

 

(4.9

)

 

 

(53.9

)

 

 

(5.1

)

 

 

(68.4

)

Current period deferrals

 

 

1.2

 

 

 

4.2

 

 

 

7.5

 

 

 

(17.5

)

 

 

(4.5

)

Amounts reclassified to net loss

 

 

—

 

 

 

2.3

 

 

 

26.9

 

 

 

—

 

 

 

29.2

 

Net change

 

 

1.2

 

 

 

6.6

 

 

 

34.4

 

 

 

(17.5

)

 

 

24.7

 

Balance at January 2, 2022

 

$

(3.3

)

 

$

1.7

 

 

$

(19.5

)

 

$

(22.6

)

 

$

(43.7

)

The income tax related to the change in pension and other postemployment benefits for the fiscal year ended January 2, 2022, January 3, 2021 and December 29, 2019 was immaterial. Foreign currency translation is not adjusted for income taxes relating to permanent investments in foreign subsidiaries.