Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments in statement of financial position, fair value

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

		Asset Derivatives
		Fair Value
	Balance Sheet Location	December 31, 2016		December 31, 2015		June 27, 2015
Designated derivatives:
Foreign currency forward contracts	Other current assets	$	3.1	$	3.8	$	3.3
Total designated derivatives		$	3.1	$	3.8	$	3.3
Non-designated derivatives:
Foreign currency forward contracts	Other current assets	$	0.7	$	1.0	$	9.1
Total non-designated derivatives		$	0.7	$	1.0	$	9.1

		Liability Derivatives
		Fair Value
	Balance Sheet Location	December 31, 2016		December 31, 2015		June 27, 2015
Designated derivatives:
Foreign currency forward contracts	Accrued liabilities	$	3.0	$	2.0	$	2.0
Interest rate swap agreements	Other non-current liabilities	—		0.3		—
Total designated derivatives		$	3.0	$	2.3	$	2.0
Non-designated derivatives:
Foreign currency forward contracts	Accrued liabilities	$	2.0	$	1.9	$	2.6
Total non-designated derivatives		$	2.0	$	1.9	$	2.6

Schedule of derivative instruments, effect on other comprehensive income (loss) [Table Text Block]

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

	Amount of Gain/(Loss) Recorded in OCI (Effective Portion)
	Year Ended			Six Months Ended			Year Ended
Designated Cash Flow Hedges	December 31, 2016			December 31, 2015			June 27, 2015			June 28, 2014
Treasury locks	$	—		$	—		$	(2.7	)	$	—
Interest rate swap agreements	(9.0		)	(0.3		)	(10.1		)	7.2
Foreign currency forward contracts	2.1			1.7			(7.7		)	15.1
	$	(6.9	)	$	1.4		$	(20.5	)	$	22.3

Reclassification out of accumulated other comprehensive income [Table Text Block]

The gains (losses) reclassified from 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)
		Year Ended			Six Months Ended			Year Ended
Designated Cash Flow Hedges	Income Statement Location	December 31, 2016			December 31, 2015			June 27, 2015			June 28, 2014
Treasury locks	Interest expense, net	$	(0.1	)	$	—		$	(0.1	)	$	0.2
Interest rate swap agreements	Interest expense, net	(2.3		)	(0.8		)	(16.4		)	3.9
Foreign currency forward contracts	Net sales (restated)	1.3			(1.8		)	1.9			(2.5		)
	Cost of sales	3.0			0.8			(4.2		)	(6.3		)
	Interest expense, net	(1.6		)	(0.4		)	—			(0.2		)
	Other expense, net (restated)	0.4			1.1			(4.4		)	(2.2		)
		$	0.7		$	(1.1	)	$	(23.2	)	$	(7.1	)

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)
		Year Ended			Six Months Ended			Year Ended
Designated Cash Flow Hedges	Income Statement Location	December 31, 2016			December 31, 2015			June 27, 2015			June 28, 2014
Treasury locks	Other expense, net	$	—		$	—		$	(0.4	)	$	2.3
Interest rate swap agreements	Other expense, net	(0.1		)	—			(0.7		)	(5.4		)
Foreign currency forward contracts	Net sales (restated)	(0.1		)	(0.1		)	(0.1		)	(0.1		)
	Cost of sales	(0.1		)	0.2			0.2			0.3
	Other expense, net (restated)	0.6			—			—			—
Total		$	0.3		$	0.1		$	(1.0	)	$	(2.9	)

Schedule of fair value hedging instruments, statements of financial performance and financial position, location [Table Text Block]

The effects of our fair value hedges on the Consolidated Statements of Operations were as follows:

		Amount of Gain/(Loss) Recognized in Income
		Year Ended		Six Months Ended		Year Ended
Designated Fair Value Hedges	Income Statement Location	December 31, 2016		December 31, 2015		June 27, 2015		June 28, 2014
Interest rate swap agreements	Other expense, net	$	—	$	—	$	—	$	0.9
Fixed-rate debt	Other expense, net	—		—		—		(4.1		)
Net hedge		$	—	$	—	$	—	$	(3.2	)

Schedule of other derivatives not designated as hedging instruments, statements of financial performance and financial position, location [Table Text Block]

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

		Amount of Gain/(Loss) Recognized in Income
		Year Ended			Six Months Ended			Year Ended
Non-Designated Derivatives	Income Statement Location	December 31, 2016			December 31, 2015			June 27, 2015			June 28, 2014
Foreign currency forward contracts	Other expense, net	$	(2.4	)	$	(8.0	)	$	(295.4	)	$	(0.1	)
	Interest expense, net	(2.2		)	(0.7		)	(3.4		)	—
Foreign exchange option contracts	Other expense, net	—			—			(26.4		)	—
Total		$	(4.6	)	$	(8.7	)	$	(325.2	)	$	(0.1	)