The following table reconciles shareholders’ equity attributable to noncontrolling interests (U.S. dollars in millions): | | | | | | | | | | Six months ended | | July 1, 2016 | | June 26, 2015 | Noncontrolling interests, beginning | $ | 42.9 |
| | $ | 40.0 |
| Purchase of noncontrolling interest (1) | (19.5 | ) | | — |
| Net income attributable to noncontrolling interests | 1.0 |
| | 3.1 |
| Translation adjustments | 0.3 |
| | (0.3 | ) | Retirement benefit adjustment | (0.1 | ) | | (0.1 | ) | Capital contributions from, net | — |
| | 0.1 |
| Noncontrolling interests, ending | $ | 24.6 |
| | $ | 42.8 |
|
| | (1) | We purchased the remaining interest of our Variable Interest Entity ("VIE") for $45.0 million on April 28, 2016. We recorded a charge of $25.5 million to equity as a result of the difference between the fair value of the consideration of $45.0 million less the $19.5 million carrying value of the noncontrolling interest. Refer to Note 6, “Variable interest Entities”, for disclosures related to the purchase of the remaining interest in our VIE. |
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