| Accumulated Other Comprehensive Loss The following table summarizes the changes in AOCI by component: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 30, 2025 | | (In millions) | Foreign Currency Translation Adjustments | | | | Pension and Other Post- Employment Benefits | | Cash Flow Hedges | | Accumulated Other Comprehensive (Loss) Income | | Balance at December 29, 2024 | $ | (57.3) | | | | | $ | 1.5 | | | $ | 19.6 | | | $ | (36.2) | | Current period deferrals (1) | 35.4 | | | | | — | | | (16.2) | | | 19.2 | | Amounts reclassified to Net loss | (3.1) | | | | | — | | | (3.7) | | | (6.8) | | | Net change | 32.3 | | | | | — | | | (19.9) | | | 12.4 | | | Balance at March 30, 2025 | $ | (25.0) | | | | | $ | 1.5 | | | $ | (0.3) | | | $ | (23.8) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2024 | | (In millions) | Foreign Currency Translation Adjustments | | | | Pension and Other Post- employment Benefits | | Cash Flow Hedges | | Accumulated Other Comprehensive (Loss) Income | | Balance at December 31, 2023 | $ | (18.9) | | | | | $ | (1.3) | | | $ | (9.8) | | | $ | (30.0) | | Current period deferrals (2) | (18.8) | | | | | — | | | 30.5 | | | 11.7 | | Amounts reclassified to Net loss | (2.0) | | | | | — | | | (5.9) | | | (7.9) | | | Net change | (20.8) | | | | | — | | | 24.6 | | | 3.8 | | | Balance at March 31, 2024 | $ | (39.7) | | | | | $ | (1.3) | | | $ | 14.8 | | | $ | (26.2) | |
(1) Includes tax impact of (i) $0.2 million related to cash flow hedges for the three months ended March 30, 2025. (2) Includes tax impact of (i) $6.5 million related to cash flow hedges for the three months ended March 31, 2024, and (ii) $2.0 million related to foreign currency translation adjustments for the three months ended March 31, 2024.
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