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Business overview and basis of presentation (Tables)
9 Months Ended
Sep. 27, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components Of Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries and the impact from the Company’s hedge of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any income tax impact.
 
Foreign
Currency
Translation
Adjustments
 
Cash Flow Hedge Adjustments
 
Pension Adjustments
 
Total
For the Three-Month Period Ended September 27, 2019:
 
 
 
 
 
 
 
Balance, June 28, 2019
$
(80.9
)
 
$

 
$
(4.5
)
 
$
(85.4
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Decrease
(53.5
)
 
(0.7
)
 

 
(54.2
)
Income tax impact
(1.4
)
 
0.1

 

 
(1.3
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(54.9
)
 
(0.6
)
 

 
(55.5
)
Net current period other comprehensive (loss):
(54.9
)
 
(0.6
)
 

 
(55.5
)
Balance, September 27, 2019
$
(135.8
)
 
$
(0.6
)
 
$
(4.5
)
 
$
(140.9
)
 
 
 
 
 
 
 
 
For the Three-Month Period Ended September 28, 2018:
 
 
 
 
 
 
 
Balance, June 29, 2018
$
(43.8
)
 
$

 
$
(10.1
)
 
$
(53.9
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Decrease
(17.3
)
 

 

 
(17.3
)
Income tax impact

 

 

 

Other comprehensive income (loss) before reclassifications, net of income taxes
(17.3
)
 

 

 
(17.3
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Decrease

 

 
(1.0
)
(a)
(1.0
)
Income tax impact

 

 
0.2

 
0.2

Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes:

 

 
(0.8
)
 
(0.8
)
Net current period other comprehensive income (loss):
(17.3
)
 

 
(0.8
)
 
(18.1
)
Balance, September 28, 2018
$
(61.1
)
 
$

 
$
(10.9
)
 
$
(72.0
)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 8 for additional details.
 
Foreign
Currency
Translation
Adjustments
 
Cash Flow Hedge Adjustments
 
Pension Adjustments
 
Total
For the Nine-Month Period Ended September 27, 2019:
 
 
 
 
 
 
 
Balance, December 31, 2018
$
(74.3
)
 
$

 
$
(3.9
)
 
$
(78.2
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Decrease
(60.1
)
 
(0.7
)


 
(60.8
)
Income tax impact
(1.4
)
 
0.1

 

 
(1.3
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(61.5
)
 
(0.6
)
 

 
(62.1
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Decrease

 

 
(0.9
)
(a)
(0.9
)
Income tax impact

 

 
0.3

 
0.3

Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes:

 

 
(0.6
)
 
(0.6
)
Net current period other comprehensive income (loss):
(61.5
)
 
(0.6
)
 
(0.6
)
 
(62.7
)
Balance, September 27, 2019
$
(135.8
)
 
$
(0.6
)
 
$
(4.5
)
 
$
(140.9
)
For the Nine-Month Period Ended September 28, 2018:
 
 
 
 
 
 
 
Balance, December 31, 2017
$
10.9

 
$

 
$
(10.3
)
 
$
0.6

Adoption of accounting standards

 

 
(0.2
)
 
(0.2
)
Balance, January 1, 2018
10.9

 

 
(10.5
)
 
0.4

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Decrease
(72.0
)
 

 

 
(72.0
)
Income tax impact

 

 

 

Other comprehensive income (loss) before reclassifications, net of income taxes
(72.0
)
 

 

 
(72.0
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Decrease

 

 
(0.5
)
(a)
(0.5
)
Income tax impact

 

 
0.1

 
0.1

Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes:

 

 
(0.4
)
 
(0.4
)
Net current period other comprehensive income (loss):
(72.0
)
 

 
(0.4
)
 
(72.4
)
Balance, September 28, 2018
$
(61.1
)
 
$

 
$
(10.9
)
 
$
(72.0
)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 8 for additional details.