Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Loss

v3.24.3
Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 28, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

12. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present changes in accumulated other comprehensive loss by component:

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at December 30, 2023

 

$

4.9

 

 

$

(60.3

)

 

$

(55.4

)

Other comprehensive (loss) income before reclassifications

 

 

(2.3

)

 

 

5.0

 

 

 

2.7

 

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

2.8

 

 

 

—

 

 

 

2.8

 

Tax effect

 

 

(0.1

)

 

 

(1.3

)

 

 

(1.4

)

Net current period other comprehensive income

 

 

0.4

 

 

 

3.7

 

 

 

4.1

 

Balance at September 28, 2024

 

$

5.3

 

 

$

(56.6

)

 

$

(51.3

)

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at December 31, 2022

 

$

8.5

 

 

$

(67.9

)

 

$

(59.4

)

Other comprehensive loss before reclassifications

 

 

(2.6

)

 

 

(7.6

)

 

 

(10.2

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

4.0

 

 

 

—

 

 

 

4.0

 

Tax effect

 

 

(0.4

)

 

 

1.1

 

 

 

0.7

 

Net current period other comprehensive income (loss)

 

 

1.0

 

 

 

(6.5

)

 

 

(5.5

)

Balance at September 30, 2023

 

$

9.5

 

 

$

(74.4

)

 

$

(64.9

)