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Derivative Financial Instruments And Hedging Activities (Tables)
3 Months Ended
Sep. 28, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The following table presents the gross notional value of all our foreign exchange forward contracts outstanding as of September 28, 2012 and June 29, 2012:
(In millions)
 
September 28, 2012
 
June 29, 2012
Cash flow hedges:
 
 
 
 
Australian dollar
 
$
1.0

 
$
1.2

 Euro
 
5.3

 
4.2

 Polish zloty
 
2.1

 
1.9

 Republic of South Africa rand
 
4.1

 
4.5

Other
 
0.5

 
0.4

Total cash flow hedges
 
13.0

 
12.2

Balance sheet hedges:
 
 
 
 
        Australian dollar
 
1.6

 
2.4

Canadian dollar
 
0.7

 
1.5

Euro
 
2.8

 
6.2

Philippine peso
 
3.3

 
3.8

Polish zloty
 
6.9

 
5.6

Singapore dollar
 
0.9

 
0.6

Thailand baht
 
1.3

 
1.1

Republic of South Africa rand
 
6.0

 
2.9

Other
 
2.2

 
2.0

Total non-designated hedges
 
25.7

 
26.1

Total
 
$
38.7

 
$
38.3

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location
The following table presents the fair value of derivative instruments included within our consolidated balance sheet as of September 28, 2012 and June 29, 2012:
 
 
Asset Derivatives
 
Liability Derivatives
(In millions)
 
Balance Sheet
Location
 
September 28,
2012
 
June 29,
2012
 
Balance Sheet
Location
 
September 28,
2012
 
June 29,
2012
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
Other current
assets
 
$
0.1

 
$
0.1

 
Other accrued expenses
 
$
0.1

 
$
0.1

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
Other current
assets
 

 

 
Other accrued expenses
 
0.1

 

Total derivatives
 
 
 
$
0.1

 
$
0.1

 
 
 
$
0.2

 
$
0.1

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The following table summarizes the location and amount of the gains and losses on derivative instruments reported in our financial statements: 
 
 
Quarter Ended
Locations of Gains (Losses) on Derivative Instruments
 
September 28, 2012
 
September 30, 2011
 
 
(In millions)
Designated as cash flow hedges (foreign exchange forward contracts):
 
 
 
 
Effective portion of gain (loss) recognized in OCI
 
$
(0.1
)
 
$
0.7

Effective portion of gain (loss) reclassified from AOCI into:
 
 
 
 
       Revenue
 
$
0.1

 
$

       Cost of Products Sold
 
$

 
$
0.1

Loss associated with excluded time value recognized in cost of product sales
 
$
(0.1
)
 
$

Gain (loss) due to hedge ineffectiveness recognized in cost of product sales
 
$

 
$

Not designated as cash flow hedges (foreign exchange forward contracts):
 
 
 
 
Gain (loss) recognized in cost of product sales
 
$
(0.3
)
 
$
1.6