Financial Instruments and Risk Management (Tables)

9 Months Ended

Sep. 28, 2019

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	September 28, 2019		December 29, 2018		September 29, 2018
Foreign exchange contracts:
Hedge contracts	$	237.7	$	220.3	$	215.5
Non-hedge contracts	—		4.8		8.1
Interest rate swaps	366.2		181.3		376.1
Cross currency swap	79.8		95.8		95.8

Schedule of Derivative Assets at Fair Value [Table Text Block]

The recorded fair values of the Company’s derivative instruments are as follows:

(In millions)	September 28, 2019			December 29, 2018			September 29, 2018
Financial assets:
Foreign exchange contracts - hedge	$	6.3		$	8.7		$	3.9
Interest rate swaps	—			1.6			3.6
Financial liabilities:
Foreign exchange contracts - hedge	$	(0.2	)	$	—		$	(0.2	)
Interest rate swaps	(3.0		)	—			—
Cross currency swap	(2.1		)	(8.2		)	(12.1		)