Company: TDY
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001094285-25-000105
Chunk: 69

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 8
Chunk 69
---
 market or economic conditions.  The Company currently intends to fund future share repurchases with cash on hand and available borrowings under the Company's credit facility.  No repurchases under any authorizations were made in the first quarter of 2025 or 2024.

16

Note 12. Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) (“AOCI”) by component, net of tax, as applicable, for the first quarter ended March 30, 2025, and March 31, 2024, are as follows (in millions):Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotalBalance at December 29, 2024$(602.3)$(2.2)$(235.4)$(839.9)   Other comprehensive income (loss) before reclassifications150.8 0.6 — 151.4    Amounts reclassified from AOCI— 0.7 1.5 2.2 Net other comprehensive income (loss)150.8 1.3 1.5 153.6 Balance at March 30, 2025$(451.5)$(0.9)$(233.9)$(686.3)Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotalBalance at December 31, 2023$(392.7)$8.2 $(249.6)$(634.1)   Other comprehensive income (loss) before reclassifications(88.8)2.7 — (86.1)   Amounts reclassified from AOCI— (6.9)2.1 (4.8)Net other comprehensive income (loss)(88.8)(4.2)2.1 (90.9)Balance at March 31, 2024$(481.5)$4.0 $(247.5)$(725.0)The reclassifications out of AOCI to net income for the first quarter ended March 30, 2025, and March 31, 2024 are as follows (in millions):Amount Reclassified from AOCI for the Quarter Ended March 30, 2025Amount Reclassified from AOCI for the Quarter Ended March 31, 2024Statement of Income (Loss) Presentation(Gain) loss on cash flow hedges:Loss (gain) recognized in