Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income (Details)

v3.20.2
Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 26, 2020
Jun. 27, 2020
Mar. 28, 2020
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Sep. 26, 2020
Sep. 28, 2019
Comprehensive Income [Abstract]                
Net Earnings (Loss) $ 137.9 $ 70.7 $ 69.0 $ (239.3) $ 77.5 $ (36.3) $ 277.6 $ (198.1)
Foreign Currency Cumulative Translation Adjustment 12.2     (13.4)     4.7 1.8
Net Change in Unamortized Prior Service Credits (0.1)     3.5     (0.4) 3.2
Net Change in Unamortized Actuarial Losses (0.2)     299.2     0.2 303.9
Net Change in Unrealized Derivative Losses (3.2)     3.9     (3.0) 0.9
Total Other Comprehensive Income (Loss) 8.7     293.2     1.5 309.8
Comprehensive Income (loss) 146.6     53.9     279.1 111.7
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]                
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance (60.6)   (53.4) (346.5)   (363.1) (53.4) (363.1)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]                
Other Comprehensive Income (Loss) Before Reclassifications 9.9 [1]     (15.7) [2]     7.4 [3] (12.8) [4]
Amounts Reclassified from Accumulated Other Comprehensive Loss (1.2) [5]     308.9 [6]     (5.9) [7] 322.6 [8]
Net Other Comprehensive Income (Loss) 8.7 0.7 (7.9) 293.2 15.6 1.0 1.5 309.8
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance (51.9) (60.6)   (53.3) (346.5)   (51.9) (53.3)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent [Abstract]                
Foreign Currency Translation Adjustments Arising During Period, Tax Effect (0.3)     1.7     0.5 0.9
Net Actuarial Gains (Losses) Arising During Period, Tax Effect 0.0     2.7     0.0 2.6
Gains (Losses) on Derivatives Arising During Period, Tax Effect 0.9     (2.1)     (0.7) (2.5)
Foreign Currency Translation                
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]                
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance (45.1)   (37.6) (33.7)   (48.9) (37.6) (48.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]                
Other Comprehensive Income (Loss) Before Reclassifications 12.2 [1]     (13.4) [2]     4.7 [3] (12.0) [4]
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.0 [5]     0.0 [6]     0.0 [7] 13.8 [8]
Net Other Comprehensive Income (Loss) 12.2     (13.4)     4.7 1.8
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance (32.9) (45.1)   (47.1) (33.7)   (32.9) (47.1)
Prior Service Credits                
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]                
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance (3.3)   (3.0) (6.4)   (6.1) (3.0) (6.1)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]                
Other Comprehensive Income (Loss) Before Reclassifications 0.1 [1]     0.0 [2]     0.1 [3] 0.0 [4]
Amounts Reclassified from Accumulated Other Comprehensive Loss (0.2) [5]     3.5 [6]     (0.5) [7] 3.2 [8]
Net Other Comprehensive Income (Loss) (0.1)     3.5     (0.4) 3.2
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance (3.4) (3.3)   (2.9) (6.4)   (3.4) (2.9)
Net Actuarial Losses                
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]                
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance (6.9)   (7.3) (301.5)   (306.2) (7.3) (306.2)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]                
Other Comprehensive Income (Loss) Before Reclassifications (0.3) [1]     (8.0) [2]     (0.2) [3] (7.1) [4]
Amounts Reclassified from Accumulated Other Comprehensive Loss 0.1 [5]     307.2 [6]     0.4 [7] 311.0 [8]
Net Other Comprehensive Income (Loss) (0.2)     299.2     0.2 303.9
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance (7.1) (6.9)   (2.3) (301.5)   (7.1) (2.3)
Net Derivative Losses                
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]                
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance (5.3)   $ (5.5) (4.9)   $ (1.9) (5.5) (1.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]                
Other Comprehensive Income (Loss) Before Reclassifications (2.1) [1]     5.7 [2]     2.8 [3] 6.3 [4]
Amounts Reclassified from Accumulated Other Comprehensive Loss (1.1) [5]     (1.8) [6]     (5.8) [7] (5.4) [8]
Net Other Comprehensive Income (Loss) (3.2)     3.9     (3.0) 0.9
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance $ (8.5) $ (5.3)   $ (1.0) $ (4.9)   $ (8.5) $ (1.0)
[1] The tax effects for the three months ended September 26, 2020 were $(0.3) million for foreign currency translation, $0.0 million for net actuarial losses arising during the period and $0.9 million for derivatives.
[2] (A) The tax effects for the three months ended September 28, 2019 were $1.7 million for foreign currency translation, $2.7 million for net actuarial losses arising during the period and $(2.1) million for derivatives.
[3] The tax effects for the nine months ended September 26, 2020 were $0.5 million for foreign currency translation, $0.0 million for net actuarial losses arising during the period and $(0.7) million for derivatives.
[4] (A) The tax effects for the nine months ended September 28, 2019 were $0.9 million for foreign currency translation, $2.6 million for net actuarial losses arising during the period and $(2.5) million for derivatives.
[5] (B) See the table below for the tax effects for the three months ended September 26, 2020.
[6] (B) See the table below for the tax effects for the three months ended September 28, 2019.
[7] (B) See the table below for the tax effects for the nine months ended September 26, 2020.
[8] (B) See the table below for the tax effects for the nine months ended September 28, 2019.