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Consolidated Accumulated Other Comprehensive (Loss) Income (Tables)
 12 Months Ended
Dec. 29, 2018
Statement of Comprehensive Income [Abstract]  
Changes in Consolidated Accumulated Other Comprehensive (Loss) Income by Component
Changes in consolidated accumulated other comprehensive (loss) income (“AOCI”) by component for the years ended December 29, 2018, December 30, 2017 and December 31, 2016 were as follows:
(in millions of U.S. dollars) 1
Gains and Losses on Derivative Instruments
 
Pension Benefit Plan Items
 
Currency Translation Adjustment Items
 
Total
Balance January 2, 2016
$
(4.7
)
 
$
(10.1
)
 
$
(61.4
)
 
$
(76.2
)
    OCI before reclassifications
10.9

 
(4.8
)
 
(42.0
)
 
(35.9
)
    Amounts reclassified from AOCI
(6.3
)
 
0.5

 
—

 
(5.8
)
Net current-period OCI
4.6

 
(4.3
)
 
(42.0
)
 
(41.7
)
Balance December 31, 2016
$
(0.1
)
 
$
(14.4
)
 
$
(103.4
)
 
$
(117.9
)
    OCI before reclassifications
—

 
(2.7
)
 
27.2

 
24.5

    Amounts reclassified from AOCI
(1.3
)
 
0.3

 
—

 
(1.0
)
Net current-period OCI
(1.3
)
 
(2.4
)
 
27.2

 
23.5

Balance December 30, 2017
$
(1.4
)
 
$
(16.8
)
 
$
(76.2
)
 
$
(94.4
)
    OCI before reclassifications
(14.5
)
 
0.2

 
(25.5
)
 
(39.8
)
    Amounts reclassified from AOCI
6.2

 
16.9

 
9.4

 
32.5

Net current-period OCI
(8.3
)
 
17.1

 
(16.1
)
 
(7.3
)
Balance December 29, 2018
$
(9.7
)
 
$
0.3

 
$
(92.3
)
 
$
(101.7
)
______________________
1     All amounts are net of tax.
Reclassifications Out of Accumulated Other Comprehensive (Loss) Income to Total Net Income (Loss)
The following table summarizes the amounts reclassified from AOCI to total net income (loss) for the years ended December 29, 2018, December 30, 2017 and December 31, 2016:
(in millions of U.S. dollars)
For the Year Ended
 
Affected Line Item in the Statement Where Net Income Is Presented
Details About
AOCI Components 1
December 29, 2018
 
December 30, 2017
 
December 31, 2016
 
Gains and losses on derivative instruments

 

 

 

Foreign currency and commodity hedges
$
(6.2
)
 
$
1.3

 
$
6.4

 
Cost of sales
 
$
(6.2
)
 
$
1.3

 
$
6.4

 
Total before taxes
 
—

 
—

 
(0.1
)
 
Tax (expense) or benefit
 
$
(6.2
)
 
$
1.3

 
$
6.3

 
Net of tax
Amortization of pension benefit plan items

 

 

 

Recognized net actuarial loss 2
$
(16.9
)
 
$
—

 
$
—

 
Gain on sale of discontinued operations
Prior service costs 3
—

 
—

 
(0.1
)
 

Actuarial (losses)/gains 3
—

 
(0.3
)
 
(0.4
)
 

 
(16.9
)
 
(0.3
)
 
(0.5
)
 
Total before taxes
 
—

 
—

 
—

 
Tax (expense) or benefit
 
$
(16.9
)
 
$
(0.3
)
 
$
(0.5
)
 
Net of tax
Foreign currency translation adjustments
(9.4
)

—


—


Gain on sale of discontinued operations
Total reclassifications for the period
$
(32.5
)
 
$
1.0

 
$
5.8

 
Net of tax
______________________
1     Amounts in parenthesis indicate debits.
2     Net of $3.6 million of associated tax impact that resulted in an increase to the gain on the sale of discontinued operations for the year ended December 29, 2018.
3     These AOCI components are included in the computation of net periodic pension cost.