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ACCUMULATED OTHER COMPREHENSIVE LOSS
 6 Months Ended
Jul. 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 and six months ended July 1, 2017 and July 2, 2016 were as follows (in millions):
 
Three Months Ended
 
July 1, 2017
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(14.4
)
 
$
(35.8
)
 
$
(211.9
)
 
$
(262.1
)
Other Comprehensive Income (Loss) before Reclassifications
16.1

 
(0.1
)
 
38.7

 
54.7

Tax Impact
(6.1
)
 
—

 
—

 
(6.1
)
Amounts Reclassified from Accumulated Other Comprehensive Loss
4.5

 
0.6

 
—

 
5.1

Tax Impact
(1.8
)
 
(0.2
)
 
—

 
(2.0
)
Net Current Period Other Comprehensive Income
12.7

 
0.3

 
38.7

 
51.7

Ending Balance
$
(1.7
)
 
$
(35.5
)
 
$
(173.2
)
 
$
(210.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
July 2, 2016
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(37.1
)
 
$
(34.7
)
 
$
(149.5
)
 
$
(221.3
)
Other Comprehensive Income (Loss) before Reclassifications
(17.8
)
 
0.5

 
(32.1
)
 
(49.4
)
Tax Impact
6.7

 
—

 
—

 
6.7

Amounts Reclassified from Accumulated Other Comprehensive Loss
12.3

 
1.0

 
—

 
13.3

Tax Impact
(4.7
)
 
(0.4
)
 
—

 
(5.1
)
  Net Current Period Other Comprehensive Income (Loss)
(3.5
)
 
1.1

 
(32.1
)
 
(34.5
)
Ending Balance
$
(40.6
)
 
$
(33.6
)
 
$
(181.6
)
 
$
(255.8
)
 
Six Months Ended
 
July 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
47.4

 
(0.3
)
 
67.8

 
114.9

Tax Impact
(18.0
)
 
—

 
—

 
(18.0
)
Amounts Reclassified from Accumulated Other Comprehensive Loss
16.2

 
1.2

 
—

 
17.4

Tax Impact
(6.2
)
 
(0.4
)
 
—

 
(6.6
)
Net Current Period Other Comprehensive Income
39.4

 
0.5

 
67.8

 
107.7

Ending Balance
$
(1.7
)
 
$
(35.5
)
 
$
(173.2
)
 
$
(210.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
July 2, 2016
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(47.5
)
 
$
(35.4
)
 
$
(172.1
)
 
$
(255.0
)
Other Comprehensive Income (Loss) before Reclassifications
(14.2
)
 
0.5

 
(6.8
)
 
(20.5
)
Tax Impact
5.4

 
—

 
—

 
5.4

Amounts Reclassified from Accumulated Other Comprehensive Loss
25.4

 
1.9

 
—

 
27.3

Tax Impact
(9.7
)
 
(0.6
)
 
—

 
(10.3
)
Net Current Period Other Comprehensive Income (Loss)
6.9

 
1.8

 
(6.8
)
 
1.9

Purchase of Subsidiary Shares from Noncontrolling Interest
—

 
—

 
(2.7
)
 
(2.7
)
Ending Balance
$
(40.6
)
 
$
(33.6
)
 
$
(181.6
)
 
$
(255.8
)


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 also Note 8 of Notes to Condensed Consolidated Financial Statements).