Changes in Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jul. 04, 2025

Schedule of Accumulated Other Comprehensive Loss

Amounts comprising accumulated other comprehensive loss and reclassifications were as follows (in millions):


	Currency Translation Adjustments		Effects of Cash Flow Hedges		Total
Balance as of December 31, 2024	$	(55.9)	$	(6.5)	$	(62.4)
Other comprehensive income prior to reclassifications	2.8		12.4		15.2
Amounts reclassified from accumulated other comprehensive loss	—		(3.2)		(3.2)
Net current period other comprehensive income (1)	2.8		9.2		12.0
Balance as of July 4, 2025	$	(53.1)	$	2.7	$	(50.4)

(1) Effects of cash flow hedges were net of tax impact of $2.6 million for the six months ended July 4, 2025.

Schedule of Reclassifications from Accumulated Other Comprehensive Loss

Amounts reclassified from accumulated other comprehensive loss to the specific caption within Consolidated Statements of Operations and Comprehensive Income were as follows (in millions):



	Quarters Ended				Six Months Ended
	July 4, 2025		June 28, 2024		July 4, 2025		June 28, 2024		To caption


Cash flow hedges	$	0.3	$	(4.5)	$	(3.2)	$	(6.3)	Cost of revenue
Interest rate swaps	—		(2.9)		—		(5.9)		Interest expense

Total reclassifications	$	0.3	$	(7.4)	$	(3.2)	$	(12.2)

ON SEMICONDUCTOR CORP 10-Q