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Derivative Instruments (Tables)
 3 Months Ended
Apr. 04, 2015
Derivative [Line Items]  
Schedule Of Fair Values Of Derivative Instruments
Fair values of derivative instruments as of April 4, 2015 and January 3, 2015 were (in millions):

 
April 4, 2015
 
Prepaid
Expenses and Other Current Assets
 
Other
Noncurrent
Assets
 
Hedging
Obligations
(current)
 
Hedging
Obligations (non-current)
Designated as hedging instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
$
—

 
$
—

 
$
—

 
$
11.6

Currency contracts
2.5

 
1.2

 
12.1

 
13.2

Commodity contracts
1.0

 
0.3

 
8.7

 
—

Not designated as hedging instruments:
 
 
 
 
 
 
 
Currency contracts
—

 
—

 
3.0

 
0.9

Commodity contracts
2.6

 
—

 
2.8

 
—

Total Derivatives
$
6.1

 
$
1.5

 
$
26.6

 
$
25.7

 
 
January 3, 2015
 
Prepaid
Expenses and Other Current Assets
 
Other
Noncurrent
Assets
 
Hedging
Obligations
(current)
 
Hedging
Obligations (non-current)
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
Schedule Of Derivatives Under Enforceable Master Netting Agreements
The following table presents the derivative assets and derivative liabilities presented on a net basis under enforceable master netting agreements (in millions):
 
April 4, 2015
 
Gross Amounts as Presented in the Condensed 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
$
2.5

 
$
(1.6
)
 
$
0.9

Derivative Commodity Contracts
3.6

 
(3.6
)
 
—

Other Noncurrent Assets:
 
 
 
 
 
Derivative Currency Contracts
1.2

 
(1.1
)
 
0.1

Derivative Commodity Contracts
0.3

 
—

 
0.3

Hedging Obligations Current:
 
 
 
 
 
Derivative Currency Contracts
15.1

 
(1.6
)
 
13.5

Derivative Commodity Contracts
11.5

 
(3.6
)
 
7.9

Hedging Obligations:
 
 
 
 
 
Derivative Currency Contracts
14.1

 
(1.1
)
 
13.0

 
January 3, 2015
 
Gross Amounts as Presented in the Condensed 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
Designated as hedging instruments:  
Derivative [Line Items]  
Schedule Of Cash Flow Hedging Instruments
The effect of derivative instruments on the Condensed Consolidated Statements of Income and Comprehensive Income (pre-tax) was as follows (in millions):

Derivatives Designated as Cash Flow Hedging Instruments
 
 
Three Months Ended
 
April 4, 2015
 
March 29, 2014
 
Commodity
Forwards
 
Currency
Forwards
 
Interest
Rate
Swaps
 
Total
 
Commodity
Forwards
 
Currency
Forwards
 
Interest
Rate
Swaps
 
Total
Loss recognized in Other Comprehensive Income (Loss)
$
(4.6
)
 
$
(0.7
)
 
$
(1.0
)
 
$
(6.3
)
 
$
(12.9
)
 
$
(0.7
)
 
$
(0.2
)
 
$
(13.8
)
Amounts reclassified from Other Comprehensive Income (Loss):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss recognized in Net Sales
—

 
—

 
—

 
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Gain (Loss) recognized in Cost of Sales
(3.1
)
 
(1.6
)
 
—

 
(4.7
)
 
(2.5
)
 
1.9

 
—

 
(0.6
)
Loss recognized in Interest Expense
—

 
—

 
(1.3
)
 
(1.3
)
 
—

 
—

 
(3.2
)
 
(3.2
)
Not designated as hedging instruments:  
Derivative [Line Items]  
Schedule Of Cash Flow Hedging Instruments
Derivatives Not Designated as Cash Flow Hedging Instruments (in millions):
 
Three Months Ended
 
April 4, 2015
 
March 29, 2014
 
Commodity Forwards
 
Currency Forwards
 
Commodity Forwards
 
Currency Forwards
Loss recognized in Cost of Sales
$
—

 
$
(2.2
)
 
$
—

 
$
—
Currency Forward Contracts  
Derivative [Line Items]  
Schedule Of Notional Amounts Of Forward Contracts
As of April 4, 2015, the Company had outstanding the following currency forward contracts (with maturities extending through December 2018) to hedge forecasted foreign currency cash flows (in millions):
 
Notional
Amount (in U.S. Dollars)
Chinese Renminbi
$
507.2

Mexican Peso
358.2

Euro
61.4

Indian Rupee
52.9

Canadian Dollar
5.3

Australian Dollar
3.6

Japanese Yen
2.7

Thai Baht
2.4
Commodity Forward Contracts  
Derivative [Line Items]  
Schedule Of Notional Amounts Of Forward Contracts
As of April 4, 2015, the Company had outstanding the following commodity forward contracts (with maturities extending through June 2016) to hedge forecasted purchases of commodities (notional amounts expressed in terms of the dollar value of the hedged item in millions):
 
Notional
Amount
Copper
$
119.2

Aluminum
5.6