MILLERKNOLL, INC.
For the period ended May 31, 2025. Filed Jul 21, 2025.
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FY2025 · Filed Jul 21, 2025
MLKN$22.33+3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Accumulated Other Comprehensive Loss
- Accumulated Other Comprehensive Loss
The following table provides an analysis of the changes in accumulated other comprehensive loss for the years indicated:
| Year Ended | |||
|---|---|---|---|
| (In millions) | May 31, 2025 | June 1, 2024 | June 3, 2023 |
| Cumulative translation adjustments at beginning of period | $(105.7) | $(114.0) | $(93.9) |
| Other comprehensive income (loss) | 35.1 | 8.3 | (20.1) |
| Balance at end of period | (70.6) | (105.7) | (114.0) |
| Pension and other post-retirement benefit plans at beginning of period | (33.3) | (23.8) | (36.9) |
| Other comprehensive (loss) income before reclassifications (net of tax of $0.2, $1.6, and ($3.5)) | (0.6) | (9.1) | 14.8 |
| Reclassification from accumulated other comprehensive income - Other, net | 4.0 | (0.3) | 2.7 |
| Tax expense | (1.0) | (0.1) | (4.4) |
| Net reclassifications | 3.0 | (0.4) | (1.7) |
| Net current period other comprehensive income (loss) | 2.4 | (9.5) | 13.1 |
| Balance at end of period | (30.9) | (33.3) | (23.8) |
| Interest rate swap agreement at beginning of period | 46.3 | 42.7 | 23.7 |
| Other comprehensive (loss) income before reclassifications (net of tax of $8.8, ($1.2), and ($6.2)) | (52.2) | (27.1) | 4.7 |
| Reclassification from accumulated other comprehensive income - Other, net | 25.4 | 30.7 | 14.3 |
| Net reclassifications | 25.4 | 30.7 | 14.3 |
| Net current period other comprehensive (loss) income | (26.8) | 3.6 | 19.0 |
| Balance at end of period | 19.5 | 46.3 | 42.7 |
| Total Accumulated other comprehensive loss | $(82.0) | $(92.7) | $(95.1) |
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