Quarterly report [Sections 13 or 15(d)]

Accumulated Other Comprehensive Loss

v3.25.2
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 28, 2025
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 28, 2024

 

$

5.3

 

 

$

(80.9

)

 

$

(75.6

)

Other comprehensive loss before reclassifications

 

 

 

 

 

50.4

 

 

 

50.4

 

Tax effect

 

 

 

 

 

(12.5

)

 

 

(12.5

)

Net current period other comprehensive loss

 

 

 

 

 

37.9

 

 

 

37.9

 

Balance at June 28, 2025

 

$

5.3

 

 

$

(43.0

)

 

$

(37.7

)

 

 

 

 

 

 

 

 

 

 

 

 

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 before reclassifications

 

 

(2.3

)

 

 

(13.6

)

 

 

(15.9

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

2.8

 

 

 

 

 

 

2.8

 

Tax effect

 

 

(0.1

)

 

 

3.0

 

 

 

2.9

 

Net current period other comprehensive income (loss)

 

 

0.4

 

 

 

(10.6

)

 

 

(10.2

)

Balance at June 29, 2024

 

$

5.3

 

 

$

(70.9

)

 

$

(65.6

)