Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income, Reclassification out of Accumulated Other Comprehensive Income (Loss) (Details)

v3.23.3
Comprehensive Income, Reclassification out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Jul. 01, 2023
Apr. 01, 2023
Oct. 01, 2022
Jul. 02, 2022
Apr. 02, 2022
Sep. 30, 2023
Oct. 01, 2022
Dec. 31, 2022
Dec. 31, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax $ (42.1) $ (28.8)   $ (39.7) $ (33.9)   $ (42.1) $ (39.7) $ (29.5) $ 9.9
Net Actuarial Losses (0.1)     (0.4)     (0.3) (0.9)    
Defined Benefit Items, Earnings Before Income Taxes (0.1)     (0.4)     (0.3) (0.9)    
Defined Benefit Items, Income Tax Provision 0.0     0.3     0.0 0.3    
Defined Benefit Items, Net Earnings From Continuing Operations (0.1)     (0.1)     (0.3) (0.6)    
Derivatives, Earnings Before Income Taxes 1.3     6.8     11.7 18.6    
Derivatives, Income Tax Provision (0.5)     (1.8)     (3.4) (4.8)    
Derivatives, Net Earnings From Continuing Operations 0.8     5.0     8.3 13.8    
Other Comprehensive Income (Loss) Before Reclassifications (12.6) [1]     (0.9)     (4.6) [1] 62.7 [2]    
Amounts Reclassified from Accumulated Other Comprehensive Loss (0.7) [3]     (4.9)     (8.0) [3] (13.8) [4]    
Other Comprehensive Income (13.3) (2.9) $ 3.6 (5.8) (12.3) $ 9.9 (12.6) (8.2)    
Interest Expense [Member] | Interest Rate Contract [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Derivatives, Earnings Before Income Taxes 0.0     (0.1)     (0.1) (0.2)    
Cost of Sales [Member] | Foreign Exchange Contracts [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Derivatives, Earnings Before Income Taxes 2.4     7.7     14.0 15.7    
Cost of Sales [Member] | Commodity Contract [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Derivatives, Earnings Before Income Taxes (1.1)     (0.8)     (2.2) 3.1    
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax (83.5) (62.8)   (92.5) (65.0)   (83.5) (92.5) (71.3) (34.5)
Other Comprehensive Income (Loss) Before Reclassifications (20.7) [1]     (27.5)     (12.2) [1] (58.0) [2]    
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.0     0.0     0.0 0.0    
Other Comprehensive Income (20.7)     (27.5)     (12.2) (58.0)    
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax (4.1) (4.1)   (3.7) (3.7)   (4.1) (3.7) (4.1) (3.7)
Other Comprehensive Income (Loss) Before Reclassifications 0.0     0.0     0.0 0.0    
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.0     0.0     0.0 0.0    
Other Comprehensive Income 0.0     0.0     0.0 0.0    
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax 10.0 9.9   (2.5) (2.9)   10.0 (2.5) 9.7 (3.4)
Other Comprehensive Income (Loss) Before Reclassifications 0.0     0.3     0.0 0.3    
Amounts Reclassified from Accumulated Other Comprehensive Loss (0.1) [3]     (0.1)     (0.3) [3] (0.6) [4]    
Other Comprehensive Income 0.1     0.4     0.3 0.9    
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax 35.3 28.0   58.8 37.5   35.3 58.8 36.0 0.2
Other Comprehensive Income (Loss) Before Reclassifications 8.1 [1]     26.3     7.6 [1] 0.0 [2]    
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.8 [3]     5.0     8.3 [3] 0.0 [4]    
Other Comprehensive Income 7.3     21.3     (0.7) 48.9    
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent                    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]                    
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.2 $ 0.2   0.2 $ 0.2   0.2 0.2 $ 0.2 $ (31.5)
Other Comprehensive Income (Loss) Before Reclassifications 0.0     0.0     0.0 5.0    
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.0     0.0     0.0 13.2    
Other Comprehensive Income $ 0.0     $ 0.0     $ 0.0 $ 0.0    
[1] The tax effects for the three months ended September 30, 2023 were $1.1 million for foreign currency translation and $(2.9) million for derivatives.
[2] (A) The tax effects for the nine months ended September 30, 2023 were $0.6 million for foreign currency translation and $(3.3) million for derivatives.
[3] See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the three months ended September 30, 2023.
[4] (B) See the table depicting reclassification adjustments out of Accumulated other comprehensive loss below for the tax effects for the nine months ended September 30, 2023