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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
3 Months Ended
Apr. 04, 2015
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
Changes in accumulated other comprehensive income/(loss) by component for the first quarters ended April 4, 2015 and March 29, 2014, are summarized below:
(In millions)
 
 
 
 
 
For the first quarter ended April 4, 2015:
Foreign Currency Translation Adjustments
 
Pension and Post-Retirement Plan Benefit Adjustments
 
Total
Balance as of January 3, 2015
$
(51.8
)
 
$
(56.1
)
 
$
(107.9
)
Other comprehensive income/(loss) before reclassifications:
 
 
 
 
 
Pre-tax income/(loss)
(27.8
)
 

 
(27.8
)
Income tax expense

 

 

Other comprehensive income/(loss) before reclassifications, net of income taxes
(27.8
)
 

 
(27.8
)
Amounts reclassified from accumulated other comprehensive income/(loss):
 
 
 
 
 
Pre-tax income

 
1.0

(1)
1.0

Income tax expense

 
(0.4
)
 
(0.4
)
Amounts reclassified from accumulated other comprehensive income/(loss), net of income taxes

 
0.6

 
0.6

Net current period other comprehensive income/(loss), net of income taxes
(27.8
)
 
0.6

 
(27.2
)
Other comprehensive income/(loss) attributable to noncontrolling interest
(0.3
)
 

 
(0.3
)
Balance as of April 4, 2015
$
(79.3
)
 
$
(55.5
)
 
$
(134.8
)
 
 
 
 
 
 
For the first quarter ended March 29, 2014:
 
 
 
 
 
Balance as of December 28, 2013
$
(16.0
)
 
$
(38.7
)
 
$
(54.7
)
Other comprehensive income/(loss) before reclassifications:
 
 
 
 
 
Pre-tax income/(loss)
2.1

 

 
2.1

Income tax expense

 

 

Other comprehensive income/(loss) before reclassifications, net of income taxes
2.1

 

 
2.1

Amounts reclassified from accumulated other comprehensive income/(loss):
 
 
 
 
 
Pre-tax income

 
0.7

(1)
0.7

Income tax expense

 
(0.3
)
 
(0.3
)
Amounts reclassified from accumulated other comprehensive income/(loss), net of income taxes

 
0.4

 
0.4

Net current period other comprehensive income/(loss), net of income taxes
2.1

 
0.4

 
2.5

Other comprehensive income/(loss) attributable to noncontrolling interest
(0.3
)
 

 
(0.3
)
Balance as of March 29, 2014
$
(13.6
)
 
$
(38.3
)
 
$
(51.9
)

(1) This accumulated other comprehensive income/(loss) component is included in the computation of net periodic pension cost (refer to Note 9 for additional details) and is included in the "Selling, general, and administrative expenses" line of the Company's condensed consolidated statements of income.