Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 25, 2011

Summary of the components of comprehensive income

			Thirteen Weeks Ended						Twenty-Six Weeks Ended

			June 25, 2011			June 26, 2010			June 25, 2011			June 26, 2010
			(In millions)
Net income (loss) including noncontrolling interests			$	223.8		$	238.3		$	306.5		$	343.7

Other comprehensive (loss) income, net of tax:
		Foreign currency translation adjustments, net of tax		(34.7	)		(20.9	)		127.0			(31.7	)
		Amortization of net prior service costs and net actuarial losses, net of tax		(0.1	)		0.8			0.8			2.6
		Unrealized gain (loss) on derivative instruments, net of tax		1.4			1.0			(6.1	)		(0.2	)
		Reclassification adjustment on derivative instruments, net of tax		4.7			1.7			7.2			3.1
		Ownership share of unconsolidated subsidiaries' other comprehensive (loss) income, net of tax(1)		(4.0	)		(17.7	)		8.9			(10.3	)

		Total other comprehensive (loss) income, net of tax		(32.7	)		(35.1	)		137.8			(36.5	)

Comprehensive income (loss)				191.1			203.2			444.3			307.2
	Less: Comprehensive income attributable to the noncontrolling interest			(1.0	)		(1.1	)		(0.8	)		(1.9	)

Comprehensive income (loss) attributable to MCBC			$	190.1		$	202.1		$	443.5		$	305.3

(1): Consisting of unrealized gains and losses on derivative instruments, and changes to pension liabilities related to our proportional share of our unconsolidated subsidiaries, reported net of our effective tax rate.

- Definition

The schedule discloses the 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ Details