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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 30, 2012
Fair Value Of Derivative Instruments In The Consolidated Balance Sheet

The fair value of derivative instruments in the Consolidated Balance Sheet as of March 30, 2012, was as follows:

 

 

 

Asset Derivatives
Reported in
Miscellaneous
Receivables and Other
Current Assets

 

 

Liability Derivatives
Reported in Other
Accrued Liabilities

 

Net investment hedges

 

 

$0.3

 

 

 

$—  

 

Balance sheet hedges (Non-designated hedges)

 

 

0.1

 

 

 

0.2

 

 

 

 

 

 

 

 

 

Total derivatives

 

 

$0.4

 

 

 

$0.2

 

 

 

 

 

 

 

 

 

The fair value of derivative instruments in the Consolidated Balance Sheet as of December 30, 2011, was as follows:

 

 

 

Asset Derivatives
Reported in
Miscellaneous
Receivables and Other
Current Assets

 

 

Liability Derivatives
Reported in Other
Accrued Liabilities

 

Net investment hedges

 

 

$0.1

 

 

 

$—  

 

Balance sheet hedges (Non-designated hedges)

 

 

0.1

 

 

 

0.2

 

 

 

 

 

 

 

 

 

Total derivatives

 

 

$0.2

 

 

 

$0.2

 

 

 

 

 

 

 

 

 

Derivatives Designated As Hedging Instruments [Member]
 
Effect Of Derivative Instruments On The Consolidated Statements Of Operations

 

 

Loss Recognized in
Accumulated OCI, net

(Effective Portion)

 

 

Gain Recognized in
Other Expense net:
Excluded from
Effectiveness testing

 

 

 

3/30/12

 

 

4/1/11

 

 

3/30/12

 

 

4/1/11

 

Net investment hedges

 

 

$(4.2

 

 

$(7.3

 

 

$0.1

 

 

 

$—  

 

Derivatives Not Designated As Hedging Instruments [Member]
 
Effect Of Derivative Instruments On The Consolidated Statements Of Operations

Gain Recognized in Other
Expense, net 1

 

 

 

3/30/12

 

 

4/1/11

 

Foreign currency forward and option contracts

 

 

$1.4

 

 

 

$4.4

 

The gains or losses from changes in the fair value of the derivative contracts are generally offset by gains or losses of the underlying transactions being hedged.