v3.24.2
Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Net income $ 77.6 $ 71.2 $ 123.7 $ 101.8
Foreign currency translation:        
—Net translation (loss) gain on foreign operations, net of tax benefit (expense), respectively, of $0.2, $(0.2), $3.3 and $(2.2) (91.2) 0.2 (160.6) 82.3
—Gain (loss) on net investment hedges, net of tax (expense) benefit, respectively, of $(0.9), $2.1, $(3.9) and $3.8 6.0 (7.8) 22.0 (18.3)
Total foreign currency translation movements (85.2) (7.6) (138.6) 64.0
Cash flow hedges (interest rate derivatives):        
— Gain arising in the period, net of tax expense, respectively, of $(1.0), $(5.9), $(4.4) and $(3.4) 2.8 17.7 13.0 10.2
—Reclassification to net income, net of tax benefit, respectively, of $2.3, $1.0, $4.5 and $1.6 (6.7) (2.8) (13.5) (4.6)
Total cash flow hedges movements (3.9) 14.9 (0.5) 5.6
Post-retirement benefits:        
—Reclassification of prior year actuarial movements to net income, net of tax benefit, respectively, of $0.1, $0.2, $0.3 and $0.4 (0.5) (0.6) (0.9) (1.3)
Total post-retirement benefits movements (0.5) (0.6) (0.9) (1.3)
Other comprehensive (loss) income (89.6) 6.7 (140.0) 68.3
Comprehensive (loss) income for the period (12.0) 77.9 (16.3) 170.1
Comprehensive (loss) income attributable to shareholders:        
Comprehensive (loss) income attributable to shareholders (12.4) 96.0 (9.8) 183.2
Comprehensive income (loss) attributable to non-controlling interests 0.4 (18.1) (6.5) (13.1)
Comprehensive (loss) income for the period (12.0) 77.9 (16.3) 170.1
—(Loss) income arising from continuing operations        
Comprehensive (loss) income attributable to shareholders:        
Comprehensive (loss) income attributable to shareholders (12.1) 96.1 (9.4) 183.6
—Loss arising from discontinued operations        
Comprehensive (loss) income attributable to shareholders:        
Comprehensive (loss) income attributable to shareholders $ (0.3) $ (0.1) $ (0.4) $ (0.4)