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Derivative Financial Instruments (Tables)
12 Months Ended
Jan. 03, 2015
Derivative [Line Items]  
Schedule Of Fair Values Of Derivative Instruments
Fair values of derivative instruments were (in millions):
 
 
January 3, 2015
 
 
Prepaid Expenses
 
Other Noncurrent Assets
 
Hedging Obligations (Current)
 
Hedging Obligations
Designated as hedging instruments:
 
 
 
 
 
 
 
 
   Interest rate swap contracts
 
$

 
$

 
$

 
$
11.9

   Currency contracts
 
1.6

 

 
15.9

 
10.3

   Commodity contracts
 

 

 
9.8

 
0.1

Not designated as hedging instruments:
 
 
 
 
 
 
 
 
   Currency contracts
 

 

 
1.6

 
0.2

   Commodity contracts
 
2.3

 

 
2.4

 

Total Derivatives
 
$
3.9

 
$

 
$
29.7

 
$
22.5


 
 
December 28, 2013
 
 
Prepaid Expenses
 
Other Noncurrent Assets
 
Hedging Obligations (Current)
 
Hedging Obligations
Designated as hedging instruments:
 
 
 
 
 
 
 
 
   Interest rate swap contracts
 
$

 
$

 
$
5.7

 
$
16.1

   Currency contracts
 
8.4

 
0.7

 
3.0

 
0.7

   Commodity contracts
 
4.0

 

 
1.7

 

Not designated as hedging instruments:
 
 
 
 
 
 
 
 
   Commodity contracts
 
0.7

 

 
0.8

 

Total Derivatives
 
$
13.1

 
$
0.7

 
$
11.3

 
$
16.8


Schedule Of Cash Flow Hedging Instruments
The effect of derivative instruments on the consolidated statements of income and comprehensive income for the three fiscal years in the period ended January 3, 2015 were (in millions):
 
 
Fiscal 2014
 
 
 
 
 
 
Interest
 
 
 
 
Commodity
 
Currency
 
Rate
 
 
 
 
Forwards
 
Forwards
 
Swaps
 
Total
Gain (Loss) recognized in Other Comprehensive Income (Loss)
 
$
(18.8
)
 
$
(25.2
)
 
$
(0.5
)
 
$
(44.5
)
Amounts reclassified from Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
(Loss) Gain recognized in Cost of Sales
 
(7.1
)
 
7.6

 

 
0.5

Loss recognized in Interest Expense
 

 

 
(10.3
)
 
(10.3
)

 
 
Fiscal 2013
 
 
 
 
 
 
Interest
 
 
 
 
Commodity
 
Currency
 
Rate
 
 
 
 
Forwards
 
Forwards
 
Swaps
 
Total
Gain (Loss) recognized in Other Comprehensive Income (Loss)
 
$
(11.3
)
 
$
8.8

 
$
0.7

 
$
(1.8
)
Amounts reclassified from Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
Loss recognized in Net Sales
 

 
(0.9
)
 

 
(0.9
)
(Loss) Gain recognized in Cost of Sales
 
(8.3
)
 
7.5

 

 
(0.8
)
Loss recognized in Interest Expense
 

 

 
(12.8
)
 
(12.8
)

 
 
Fiscal 2012
 
 
 
 
 
 
Interest
 
 
 
 
Commodity
 
Currency
 
Rate
 
 
 
 
Forwards
 
Forwards
 
Swaps
 
Total
Gain (Loss) recognized in Other Comprehensive Income (Loss)
 
$
8.5

 
$
23.9

 
$
(5.7
)
 
$
26.7

Amounts reclassified from Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
Gain recognized in Net Sales
 

 
(1.6
)
 

 
(1.6
)
Loss recognized in Cost of Sales
 
(9.7
)
 
(3.4
)
 

 
(13.1
)
Loss recognized in Interest Expense
 

 

 
(12.4
)
 
(12.4
)
Derivatives Offsetting Disclosures [Table Text Block]
The following table presents the derivative assets and derivative liabilities presented on a net basis under enforceable master netting agreements (in millions):
 
 
January 3, 2015
 
 
Gross Amounts as Presented in the Consolidated Balance Sheet
 
Derivative Contract Amounts Subject to Right of Offset
 
Derivative Contracts as Presented on a Net Basis
Prepaid Expenses and Other Current Assets:
 
 
 
 
 
 
Derivative Currency Contracts
 
$
1.6

 
$
(1.3
)
 
$
0.3

Derivative Commodity Contracts
 
2.3

 
(2.3
)
 

Hedging Obligations Current:
 
 
 
 
 
 
Derivative Currency Contracts
 
17.5

 
(1.3
)
 
16.2

Derivative Commodity Contracts
 
12.2

 
(2.3
)
 
9.9

Hedging Obligations:
 
 
 
 
 
 
Derivative Currency Contracts
 
10.5

 

 
10.5

Derivative Commodity Contracts
 
0.1

 

 
0.1

 
 
December 28, 2013
 
 
Gross Amounts as Presented in the Consolidated Balance Sheet
 
Derivative Contract Amounts Subject to Right of Offset
 
Derivative Contracts as Presented on a Net Basis
Prepaid Expenses and Other Current Assets:
 
 
 
 
 
 
Derivative Currency Contracts
 
$
8.4

 
$
(0.6
)
 
$
7.8

Derivative Commodity Contracts
 
4.7

 
(2.4
)
 
2.3

Other Noncurrent Assets:
 
 
 
 
 
 
Derivative Currency Contracts
 
0.7

 
(0.2
)
 
0.5

Hedging Obligations Current:
 
 
 
 
 
 
Derivative Currency Contracts
 
3.1

 
(0.6
)
 
2.5

Derivative Commodity Contracts
 
2.5

 
(2.4
)
 
0.1

Hedging Obligations:
 
 
 
 
 
 
Derivative Currency Contracts
 
0.7

 
(0.2
)
 
0.5

Commodity Forward Contracts [Member]  
Derivative [Line Items]  
Schedule Of Notional Amounts Of Forward Contracts
The Company had outstanding the following notional amounts to hedge forecasted purchases of commodities (in millions):
 
 
January 3, 2015
 
December 28, 2013
 
 
 
Copper
 
$
137.4

 
$
114.5

Aluminum
 
5.2

 
9.7

Currency Forward Contracts [Member]  
Derivative [Line Items]  
Schedule Of Notional Amounts Of Forward Contracts
The Company had outstanding the following notional amounts of currency forward contracts (in millions):
 
 
January 3, 2015
 
December 28, 2013
 
 
 
Mexican Peso
 
$
324.1

 
$
203.0

Chinese Renminbi
 
206.1

 
142.3

Indian Rupee
 
51.7

 
36.8

Euro
 
17.8

 
11.4

Canadian Dollar
 
8.6

 

Australian Dollar
 
4.3

 
1.5

Thai Baht
 
3.5

 
4.1