Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 02, 2025

Equity [Abstract]

Schedule of accumulated other comprehensive loss

The following is a summary of the components of "Accumulated other comprehensive loss," net of related income taxes: 

	Three Months Ended March 2, 2025
	Pension and Postretirement Benefits(1)		Translation Adjustments
			Derivative Instruments(2)		Foreign Currency Translation		Total
	(Dollars in millions)
Accumulated other comprehensive loss at December 1, 2024	$	(141.2)	$	(9.0)	$	(284.3)	$	(434.5)
Other comprehensive (loss) income before reclassifications	(0.5)		9.0		(5.4)		3.1
Amounts reclassified from accumulated other comprehensive loss	1.8		2.4		—		4.2
Net increase (decrease) in other comprehensive (loss) income	1.3		11.4		(5.4)		7.3
Accumulated other comprehensive loss at March 2, 2025	$	(139.9)	$	2.4	$	(289.7)	$	(427.2)

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(1)Amounts reclassified were recorded in “Other expense, net”.

(2)Amounts reclassified were recorded within “Net revenues” and “Cost of goods sold”. For more information, refer to Note 4.

	Three Months Ended February 25, 2024
	Pension and Postretirement Benefits(1)		Translation Adjustments
			Derivative Instruments(2)		Foreign Currency Translation		Total
	(Dollars in millions)
Accumulated other comprehensive loss at November 26, 2023	$	(153.2)	$	(42.0)	$	(195.7)	$	(390.9)
Other comprehensive (loss) income before reclassifications	(0.5)		0.4		(5.6)		(5.7)
Amounts reclassified from accumulated other comprehensive loss	2.0		11.3		—		13.3
Net increase (decrease) in other comprehensive income (loss)	1.5		11.7		(5.6)		7.6
Accumulated other comprehensive loss at February 25, 2024	$	(151.7)	$	(30.3)	$	(201.3)	$	(383.3)

_____________

(1)Amounts reclassified were recorded in “Other expense, net”.

(2)Amounts reclassified were recorded within “Net revenues” and “Cost of goods sold”. For more information, refer to Note 4.