Annual report [Section 13 and 15(d), not S-K Item 405]

Accumulated Other Comprehensive Loss (Tables)

v3.25.4
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Jan. 03, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Changes in Accumulated Other Comprehensive Loss by Component

The following table presents changes in accumulated other comprehensive loss by component:

 

 

 

Unrealized
Gains and
(Losses) on Derivative
Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at December 31, 2022

 

$

8.5

 

 

$

(67.9

)

 

 

(59.4

)

Other comprehensive income (loss) before
   reclassifications

 

 

(9.8

)

 

 

11.1

 

 

 

1.3

 

Amounts reclassified from accumulated
   other comprehensive loss, net of tax

 

 

5.4

 

 

 

 

 

 

5.4

 

Tax effect

 

 

0.8

 

 

 

(3.5

)

 

 

(2.7

)

Net current period other comprehensive income (loss)

 

 

(3.6

)

 

 

7.6

 

 

 

4.0

 

Balance at December 30, 2023

 

$

4.9

 

 

$

(60.3

)

 

$

(55.4

)

Other comprehensive (loss) income before
   reclassifications

 

 

(2.3

)

 

 

(26.6

)

 

 

(28.9

)

Amounts reclassified from accumulated
   other comprehensive loss, net of tax

 

 

2.8

 

 

 

 

 

 

2.8

 

Tax effect

 

 

(0.1

)

 

 

6.0

 

 

 

5.9

 

Net current period other comprehensive (loss) income

 

 

0.4

 

 

 

(20.6

)

 

 

(20.2

)

Balance at December 28, 2024

 

$

5.3

 

 

$

(80.9

)

 

$

(75.6

)

Other comprehensive income (loss) before
   reclassifications

 

 

(1.2

)

 

 

52.2

 

 

 

51.0

 

Amounts reclassified from accumulated
   other comprehensive loss, net of tax

 

 

(4.2

)

 

 

 

 

 

(4.2

)

Tax effect

 

 

1.4

 

 

 

(9.5

)

 

 

(8.1

)

Net current period other comprehensive income (loss)

 

 

(4.0

)

 

 

42.7

 

 

 

38.7

 

Balance at January 3, 2026

 

$

1.3

 

 

$

(38.2

)

 

$

(36.9

)

 

Summary of Reclassifications Out of Accumulated Other Comprehensive Loss

The following table presents reclassifications out of accumulated other comprehensive loss:

 

Details about Accumulated Other

 

Affected Line Item in the Consolidated

 

For the year Ended

 

Comprehensive Income Components

 

Statements of Operations

 

January 3, 2026

 

 

December 28, 2024

 

 

December 30, 2023

 

Derivative financial instruments

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps

 

Interest expense, net

 

$

(5.4

)

 

$

3.6

 

 

$

7.0

 

 

 

Tax benefit

 

 

1.2

 

 

 

(0.8

)

 

 

(1.6

)

 

 

Net of tax

 

$

(4.2

)

 

$

2.8

 

 

$

5.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reclassifications for the period

 

 

 

$

(4.2

)

 

$

2.8

 

 

$

5.4