EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Oct. 01, 2022

Retirement Benefits [Abstract]

Schedule of Net Periodic Benefit (Income) Expense

Net periodic benefit (income) expense for our pension and postretirement plans include the following components:

Domestic Pension Plans

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Service cost	$	—	$	—	$	—	$	—
Interest cost	2.9		2.1		7.5		6.3
Expected return on plan assets	(2.0)		(2.2)		(6.2)		(6.6)
Settlement and actuarial losses (1)	2.4		—		6.2		—
Net periodic pension benefit (income) expense	$	3.3	$	(0.1)	$	7.5	$	(0.3)

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(1)     For the three months ended October 1, 2022, consists of a settlement loss of $2.0 and an actuarial loss of $0.4. For the nine months ended October 1, 2022, consists of a settlement loss of $4.3 and an actuarial loss of $1.9.

Foreign Pension Plans

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Service cost	$	—	$	—	$	—	$	—
Interest cost	1.0		0.8		3.0		2.4
Expected return on plan assets	(1.5)		(1.4)		(4.5)		(4.2)
Net periodic pension benefit income	$	(0.5)	$	(0.6)	$	(1.5)	$	(1.8)

Postretirement Plans

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Service cost	$	—	$	—	$	—	$	—
Interest cost	0.3		0.3		0.9		0.9
Amortization of unrecognized prior service credits	(1.1)		(1.2)		(3.3)		(3.6)
Settlement loss, net (1)	—		—		0.3		—
Net periodic postretirement benefit income	$	(0.8)	$	(0.9)	$	(2.1)	$	(2.7)

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(1)     For the nine months ended October 1, 2022, includes the impact of the transfer of the retiree life insurance benefits obligation.