Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Apr. 02, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The balance sheet location and gross fair value of our outstanding derivative instruments were as follows:

	Asset Derivatives
	Balance Sheet Location	Fair Value
		April 2, 2016		December 31, 2015
Designated derivatives:
Foreign currency forward contracts	Other current assets	$	4.5	$	3.8
Total designated derivatives		$	4.5	$	3.8
Non-designated derivatives:
Foreign currency forward contracts	Other current assets	$	4.9	$	1.0
Total non-designated derivatives		$	4.9	$	1.0

	Liability Derivatives
	Balance Sheet Location	Fair Value
		April 2, 2016		December 31, 2015
Designated derivatives:
Foreign currency forward contracts	Accrued liabilities	$	1.7	$	2.0
Interest rate swap agreements	Other non-current liabilities	—		0.3
Total designated derivatives		$	1.7	$	2.3
Non-designated derivatives:
Foreign currency forward contracts	Accrued liabilities	$	1.7	$	1.9
Total non-designated derivatives		$	1.7	$	1.9

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The gains (losses) recognized in OCI for the effective portion of our designated cash flow hedges were as follows:

	Amount of Gain/(Loss) Recorded in OCI (Effective Portion)
	Three Months Ended
Designated Cash Flow Hedges	April 2, 2016			March 28, 2015
Interest rate swap agreements	$	(9.0	)	$	2.0
Foreign currency forward contracts	1.6			(3.8		)
	$	(7.4	)	$	(1.8	)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The gains (losses) reclassified from Accumulated Other Comprehensive Income ("AOCI") into earnings for the effective portion of our designated cash flow hedges were as follows:

		Amount of Gain/(Loss) Reclassified from AOCI to Income (Effective Portion)
		Three Months Ended
Designated Cash Flow Hedges	Income Statement Location	April 2, 2016			March 28, 2015
Interest rate swap agreements	Interest expense, net	$	(0.5	)	$	0.8
Foreign currency forward contracts	Net sales	0.6			(0.1		)
	Cost of sales	0.3			(2.8		)
	Interest expense, net	(0.4		)	—
	Other expense, net	0.1			(0.4		)
		$	0.1		$	(2.5	)

Schedule of hedge ineffectiveness [Table Text Block]

The gains (losses) recognized against earnings for the ineffective portion of our designated cash flow hedges were as follows:

		Amount of Gain/(Loss) Recognized in Income (Ineffective Portion)
		Three Months Ended
Designated Cash Flow Hedges	Income Statement Location	April 2, 2016			March 28, 2015
Interest rate swap agreements	Other expense, net	$	(0.1	)	$	—
Foreign currency forward contracts	Net sales	(0.1		)	—
	Cost of sales	0.1			(0.1		)
Total		$	(0.1	)	$	(0.1	)

Schedule of non-designated derivatives

The effects of our non-designated derivatives on the Condensed Consolidated Statements of Operations were as follows:

		Amount of Gain/(Loss) Recognized in Income
		Three Months Ended
Non-Designated Derivatives	Income Statement Location	April 2, 2016			March 28, 2015
Foreign currency forward contracts	Other expense, net	$	(6.9	)	$	(255.7	)
	Interest expense, net	0.1			(2.5		)
Total		$	(6.8	)	$	(258.2	)