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Accumulated Other Comprehensive Loss
3 Months Ended
Apr. 01, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, hedging activities and pension and post retirement benefit adjustments are included in Equity in Accumulated Other Comprehensive Loss ("AOCI").
The changes in AOCI by component for the three months ended April 1, 2017 and April 2, 2016 were as follows (in millions):
 
Three Months Ended
 
April 1, 2017
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(41.1
)
 
$
(36.0
)
 
$
(241.0
)
 
$
(318.1
)
Other Comprehensive Income (Loss) before Reclassifications
31.3

 
(0.2
)
 
29.1

 
60.2

Tax Impact
(11.9
)
 

 

 
(11.9
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
11.7

 
0.6

 

 
12.3

Tax Impact
(4.4
)
 
(0.2
)
 

 
(4.6
)
Net Current Period Other Comprehensive Income (Loss)
26.7

 
0.2

 
29.1

 
56.0

Ending Balance
$
(14.4
)
 
$
(35.8
)
 
$
(211.9
)
 
$
(262.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
April 2, 2016
 
Hedging Activities
 
Pension Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(47.5
)
 
$
(35.4
)
 
$
(172.1
)
 
$
(255.0
)
Other Comprehensive Income (Loss) before Reclassifications
3.6

 

 
25.3

 
28.9

Tax Impact
(1.3
)
 

 

 
(1.3
)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
13.1

 
0.9

 

 
14.0

Tax Impact
(5.0
)
 
(0.2
)
 

 
(5.2
)
  Net Current Period Other Comprehensive Income (Loss)
10.4

 
0.7

 
25.3

 
36.4

Purchase of Subsidiary Shares from Noncontrolling Interest

 

 
(2.7
)
 
(2.7
)
Ending Balance
$
(37.1
)
 
$
(34.7
)
 
$
(149.5
)
 
$
(221.3
)
The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from Accumulated Other Comprehensive Loss in the tables above are disclosed in Note 13 of Notes to Condensed Consolidated Financial Statements.
The reclassification amounts for pension and post retirement benefit adjustments in the tables above are part of net periodic benefit costs recorded in Operating Expenses (see Note 8 of Notes to Condensed Consolidated Financial Statements).