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General (Tables)
6 Months Ended
Jun. 28, 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, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any tax impacts.
 
Foreign Currency Translation Adjustments
 
Pension & Postretirement Plan Benefit Adjustments
 
Unrealized Gain (Loss) on Available-For-Sale Securities Adjustments
 
Cash Flow Hedge Adjustments
 
Total
For the Three-Month Period Ended June 28, 2019:
 
 
 
 
 
 
 
 
 
Balance, March 29, 2019
$
(2,108.9
)
 
$
(685.7
)
 
$
(1.5
)
 
$

 
$
(2,796.1
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
(Decrease) increase
(51.9
)
 

 
0.7

 
(8.9
)
 
(60.1
)
Income tax impact
5.4

 

 
(0.2
)
 
2.1

 
7.3

Other comprehensive income (loss) before reclassifications, net of income taxes
(46.5
)
 

 
0.5

 
(6.8
)
 
(52.8
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Increase

 
6.1

(a)

 

 
6.1

Income tax impact

 
(1.5
)
 

 

 
(1.5
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
4.6

 

 

 
4.6

Net current period other comprehensive income (loss), net of income taxes
(46.5
)
 
4.6

 
0.5

 
(6.8
)
 
(48.2
)
Balance, June 28, 2019
$
(2,155.4
)
 
$
(681.1
)
 
$
(1.0
)
 
$
(6.8
)
 
$
(2,844.3
)
For the Three-Month Period Ended June 29, 2018:
 
 
 
 
 
 
 
 
 
Balance, March 30, 2018
$
(1,171.8
)
 
$
(671.3
)
 
$
(1.6
)
 
$

 
$
(1,844.7
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
Decrease
(641.1
)
 

 
(0.1
)
 

 
(641.2
)
Income tax impact

 

 

 

 

Other comprehensive income (loss) before reclassifications, net of income taxes
(641.1
)
 

 
(0.1
)
 

 
(641.2
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Increase

 
8.8

(a)

 

 
8.8

Income tax impact

 
(2.1
)
 

 

 
(2.1
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
6.7

 

 

 
6.7

Net current period other comprehensive income (loss), net of income taxes
(641.1
)
 
6.7

 
(0.1
)
 

 
(634.5
)
Balance, June 29, 2018
$
(1,812.9
)
 
$
(664.6
)
 
$
(1.7
)
 
$

 
$
(2,479.2
)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 10 for additional details.
 
Foreign Currency Translation Adjustments
 
Pension & Postretirement Plan Benefit Adjustments
 
Unrealized Gain (Loss) on Available-For-Sale Securities Adjustments
 
Cash Flow Hedge Adjustments
 
Total
For the Six-Month Period Ended June 28, 2019:
 
 
 
 
 
 
 
 
 
Balance, December 31, 2018
$
(2,098.1
)
 
$
(691.1
)
 
$
(1.9
)
 
$

 
$
(2,791.1
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
(Decrease) increase
(59.2
)
 

 
1.2

 
(8.9
)
 
(66.9
)
Income tax impact
1.9

 

 
(0.3
)
 
2.1

 
3.7

Other comprehensive income (loss) before reclassifications, net of income taxes
(57.3
)
 

 
0.9

 
(6.8
)
 
(63.2
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Increase

 
13.2

(a)

 

 
13.2

Income tax impact

 
(3.2
)
 

 

 
(3.2
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
10.0

 

 

 
10.0

Net current period other comprehensive income (loss), net of income taxes
(57.3
)
 
10.0

 
0.9

 
(6.8
)
 
(53.2
)
Balance, June 28, 2019
$
(2,155.4
)
 
$
(681.1
)
 
$
(1.0
)
 
$
(6.8
)
 
$
(2,844.3
)
For the Six-Month Period Ended June 29, 2018:
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
$
(1,422.1
)
 
$
(571.2
)
 
$
(0.9
)
 
$

 
$
(1,994.2
)
Adoption of accounting standards
(43.8
)
 
(107.2
)
 
(0.2
)
 

 
(151.2
)
Balance, January 1, 2018
(1,465.9
)
 
(678.4
)
 
(1.1
)
 

 
(2,145.4
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
Decrease
(347.0
)
 

 
(0.8
)
 

 
(347.8
)
Income tax impact

 

 
0.2

 

 
0.2

Other comprehensive income (loss) before reclassifications, net of income taxes
(347.0
)
 

 
(0.6
)
 

 
(347.6
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Increase

 
18.1

(a)

 

 
18.1

Income tax impact

 
(4.3
)
 

 

 
(4.3
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
13.8

 

 

 
13.8

Net current period other comprehensive income (loss), net of income taxes
(347.0
)
 
13.8

 
(0.6
)
 

 
(333.8
)
Balance, June 29, 2018
$
(1,812.9
)
 
$
(664.6
)
 
$
(1.7
)
 
$

 
$
(2,479.2
)

(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 10 for additional details.