Accounting Policies (Tables)

12 Months Ended

Dec. 30, 2017

Accounting Policies [Abstract]

Percentage Distribution Between Major Classes of Inventory

The major classes of inventory at year end are as follows:

	December 30, 2017		December 31, 2016
Raw Material and Work in Process	47	%	45	%
Finished Goods and Purchased Parts	53	%	55	%

Property, Plant and Equipment

Property, plant and equipment by major classification was as follows (in millions):

	Useful Life (In Years)	December 30, 2017			December 31, 2016
Land and Improvements		$	78.2		$	76.7
Buildings and Improvements	3-50	294.5			280.4
Machinery and Equipment	3-15	986.8			929.9
Property, Plant and Equipment		1,359.5			1,287.0
Less: Accumulated Depreciation		(736.5		)	(659.5		)
Net Property, Plant and Equipment		$	623.0		$	627.5

Earnings Per Share Reconciliation

The following table reconciles the basic and diluted shares used in earnings per share calculations for the years ended (in millions):

	2017	2016	2015
Denominator for Basic Earnings Per Share	44.6	44.7	44.7
Effect of Dilutive Securities	0.3	0.3	0.4
Denominator for Diluted Earnings Per Share	44.9	45.0	45.1

Accumulated Other Comprehensive Loss

The components of the ending balances of AOCI are as follows (in millions):

	2017			2016
Foreign Currency Translation Adjustments	$	(140.0	)	$	(241.0	)
Hedging Activities, Net of Tax of $5.4 in 2017 and $(25.2) in 2016	8.6			(41.1		)
Pension and Post Retirement Benefits, Net of Tax of $(18.8) in 2017 and $(20.1) in 2016	(32.6		)	(36.0		)
Total	$	(164.0	)	$	(318.1	)