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Income Taxes (Tables)
12 Months Ended
Dec. 29, 2013
Income Tax Disclosure [Abstract]  
Components of Income Tax Provision (Benefit)
Provision (benefit) for income taxes from continuing operations was as follows (in millions): 
 
 
2013
 
2012
 
2011
Current
 
 
 
 
 
 
Federal
 
$
21.6

 
$
44.2

 
$
29.1

State
 
3.5

 
4.8

 
8.1

Foreign
 
0.2

 
7.4

 
10.0

Total current
 
25.3

 
56.4

 
47.2

Deferred
 
 
 
 
 
 
Federal
 
18.2

 
11.8

 
28.3

State
 
(2.3
)
 
4.4

 
(5.1
)
Foreign
 
(1.7
)
 
(7.2
)
 
(0.9
)
Total deferred
 
14.2

 
9.0

 
22.3

Provision for income taxes
 
$
39.5

 
$
65.4

 
$
69.5

Reconciliation of the Statutory Federal Income Tax Rate to the Actual Effective Income Tax Rate
The following is a reconciliation of the statutory federal income tax rate to the actual effective income tax rate:
 
 
2013
 
2012
 
2011
U.S. federal statutory tax rate
 
35.0
 %
 
35.0
 %
 
35.0
 %
State and local taxes, net of federal benefit
 
1.9

 
3.2

 
1.8

Research and development tax credits
 
(4.5
)
 
(2.4
)
 
(2.6
)
Investment tax credits
 
(2.4
)
 
(3.4
)
 
(2.3
)
Qualified production activity deduction
 
(1.7
)
 
(1.9
)
 
(1.4
)
Foreign rate differential
 
(3.4
)
 
(2.6
)
 
(0.8
)
Net accruals (reversals) for unrecognized tax benefits
 
(5.4
)
 
0.7

 
2.3

Other
 
(1.8
)
 
0.1

 
0.9

Effective income tax rate
 
17.7
 %
 
28.7
 %
 
32.9
 %
Schedule of Deferred Tax Assets and Liabilities
The categories of assets and liabilities that have resulted in differences in the timing of the recognition of income and expense were as follows (in millions):
 
  
2013
 
2012
Deferred income tax assets:
  
 
 
 
Current:
  
 
 
 
Accrued liabilities
  
$
14.6

 
$
11.8

Inventory valuation
  
11.2

 
11.5

Accrued vacation
  
11.3

 
11.1

Deferred compensation and other benefits plans
  
1.0

 
1.0

Intangible amortization
  
0.7

 
5.7

    Other
 
0.3

 

    Valuation allowance
 
(5.8
)
 
(0.9
)
Long-term:
  
 
 
 
Postretirement benefits other than pensions
  
5.3

 
5.8

Accrued liabilities
  
13.0

 
9.4

Deferred compensation and other benefit plans
  

 
37.4

Tax credit and NOL carryforward amounts
  
64.5

 
37.1

    Other
 
1.2

 

    Valuation allowance
 
(20.2
)

(2.2
)
Total deferred income tax assets
  
97.1

 
127.7

Deferred income tax liabilities:
  
 
 
 
Current:
  
 
 
 
Other items
  
1.4

 
1.3

Long-term:
  
 
 
 
Property, plant and equipment differences
  
28.8

 
54.6

Deferred compensation and other benefit plans
 
48.2

 

Intangible amortization
  
98.8

 
65.3

Other
  
0.3

 

Total deferred income tax liabilities
  
177.5

 
121.2

Net deferred income tax assets (liabilities)
  
$
(80.4
)
 
$
6.5

Rollforward of our Unrecognized Tax Benefits
The following presents a rollforward of our unrecognized tax benefits (in millions):
 
  
2013
 
2012
 
2011
Beginning of year
  
$
42.6

 
$
25.8

 
$
10.1

Increase in prior year tax positions (a)
  
3.5

 
18.1

 
18.7

Increase for tax positions taken during the current period
  
0.9

 
1.5

 
0.7

Reduction related to settlements with taxing authorities
 
(4.8
)
 

 

Reduction related to lapse of the statute of limitations
  
(6.2
)
 
(2.9
)
 
(3.5
)
Impact of exchange rate changes
  
(0.6
)
 
0.1

 
(0.2
)
End of year
  
$
35.4

 
$
42.6

 
$
25.8

 a) Includes the impact of acquisitions in all years.