XML 23 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
ACCUMULATED OTHER COMPREHENSIVE LOSS
 9 Months Ended
Sep. 29, 2018
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 AOCI, a component of Total Equity.
The following table presents changes in AOCI by component for the three and nine months ended September 29, 2018 and September 30, 2017 (in millions):
 
Three Months Ended
 
September 29, 2018
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(0.5
)
 
$
(37.7
)
 
$
(177.4
)
 
$
(215.6
)
Other Comprehensive Income (Loss) before Reclassifications
4.0

 
—

 
(19.5
)
 
(15.5
)
Tax Impact
(0.9
)
 
—

 
1.8

 
0.9

Amounts Reclassified from Accumulated Other Comprehensive Loss
(1.3
)
 
1.0

 
—

 
(0.3
)
Tax Impact
0.3

 
(0.3
)
 
—

 
—

Net Current Period Other Comprehensive Income (Loss)
2.1

 
0.7

 
(17.7
)
 
(14.9
)
Purchase of Subsidiary Shares from Noncontrolling Interest
—

 
—

 
1.6

 
1.6

Ending Balance
$
1.6

 
$
(37.0
)
 
$
(193.5
)
 
$
(228.9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
September 30, 2017
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
(1.7
)
 
$
(35.5
)
 
$
(173.2
)
 
$
(210.4
)
Other Comprehensive Income (Loss) before Reclassifications
14.3

 
(0.2
)
 
24.2

 
38.3

Tax Impact
(5.5
)
 
—

 
—

 
(5.5
)
Amounts Reclassified from Accumulated Other Comprehensive Loss
(0.3
)
 
0.6

 
—

 
0.3

Tax Impact
0.2

 
(0.2
)
 
—

 
—

Net Current Period Other Comprehensive Income
8.7

 
0.2

 
24.2

 
33.1

Ending Balance
$
7.0

 
$
(35.3
)
 
$
(149.0
)
 
$
(177.3
)
 
Nine Months Ended
 
September 29, 2018
 
Hedging Activities
 
Pension and Post Retirement Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning Balance
$
8.6

 
$
(32.6
)
 
$
(140.0
)
 
$
(164.0
)
Other Comprehensive Loss before Reclassifications
3.0

 
—

 
(56.9
)
 
(53.9
)
Tax Impact
(0.7
)
 
—

 
1.8

 
1.1

Amounts Reclassified from Accumulated Other Comprehensive Loss
(15.0
)
 
2.9

 
—

 
(12.1
)
Tax Impact
3.7

 
(0.7
)
 
—

 
3.0

Net Current Period Other Comprehensive Income (Loss)
(9.0
)
 
2.2

 
(55.1
)
 
(61.9
)
Purchase of Subsidiary Shares from Noncontrolling Interest
—

 
—

 
1.6

 
1.6

Adoption of Accounting Pronouncement ASU 2018-02
2.0

 
(6.6
)
 
—

 
(4.6
)
Ending Balance
$
1.6

 
$
(37.0
)
 
$
(193.5
)
 
$
(228.9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
 
September 30, 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
61.7

 
(0.5
)
 
92.0

 
153.2

Tax Impact
(23.5
)
 
—

 
—

 
(23.5
)
Amounts Reclassified from Accumulated Other Comprehensive Loss
15.9

 
1.8

 
—

 
17.7

Tax Impact
(6.0
)
 
(0.6
)
 
—

 
(6.6
)
Net Current Period Other Comprehensive Income
48.1

 
0.7

 
92.0

 
140.8

Ending Balance
$
7.0

 
$
(35.3
)
 
$
(149.0
)
 
$
(177.3
)

The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from AOCI 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).