Company: TDY
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001094285-25-000053
Chunk: 330

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 330
---
8 Basic earnings per common share$17.43 $18.80 $16.85 Diluted earnings per share:Weighted average common shares outstanding47.0 47.1 46.8 Effect of diluted securities (primarily stock options)0.6 0.8 0.9 Weighted average diluted common shares outstanding47.6 47.9 47.7 Diluted earnings per common share$17.21 $18.49 $16.53 In 2024, 2023 and 2022, the Company excluded 0.2 million of stock options in the computation of diluted earnings per share because the effect of their inclusion would have been anti-dilutive.

78

Note 13. Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in AOCI for the fiscal years ended December 29, 2024, and December 31, 2023:(in millions)Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotalBalance as of January 1, 2023$(472.3)$1.3 $(255.5)$(726.5)Other comprehensive income (loss) before reclassifications79.6 14.8 — 94.4 Amounts reclassified from AOCI— (7.9)5.9 (2.0)Net other comprehensive income (loss)79.6 6.9 5.9 92.4 Balance as of December 31, 2023(392.7)8.2 (249.6)(634.1)Other comprehensive income (loss) before reclassifications(209.6)(6.0)— (215.6)Amounts reclassified from AOCI— (4.4)14.2 9.8 Net other comprehensive income (loss)(209.6)(10.4)14.2 (205.8)Balance as of December 29, 2024$(602.3)$(2.2)$(235.4)$(839.9)The reclassification out of AOCI for the fiscal years ended December 29, 2024, and December 31, 2023, are as follows:20242023(in millions)Amount reclassified from AOCI Amount reclassified from AOCIFinancial Statement PresentationGain (loss) on cash flow hedges