Accumulated Other Comprehensive (Loss) Income

12 Months Ended

Jan. 02, 2016

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income

Note 17—Accumulated Other Comprehensive (Loss) Income

Changes in accumulated other comprehensive (loss) income (“AOCI”) by component for the year ended January 2, 2016 were as follows:

	January 2, 2016
(in millions of U.S. dollars)1	Gains and Losses on Derivative Instruments			Pension Benefit Plan Items			Currency Translation Adjustment Items			Total
Beginning balance January 3, 2015	$	0.2		$	(12.4	)	$	(38.8	)	$	(51.0	)
OCI before reclassifications		(5.6	)		1.9			(23.3	)		(27.0	)
Amounts reclassified from AOCI		0.7			0.4			—			1.1
Net current-period OCI		(4.9	)		2.3			(23.3	)		(25.9	)
Purchase of subsidiary shares from non-controlling interest		—			—			0.7			0.7
Ending balance January 2, 2016	$	(4.7	)	$	(10.1	)	$	(61.4	)	$	(76.2	)

^1.  All amounts are net of tax. Amounts in parenthesis indicate debits.

The following table summarizes the amounts reclassified from AOCI for the years ended January 2, 2016 and January 3, 2015.

	For the Year Ended						Affected Line Item in the Statement Where Net Income Is Presented
(in millions of U.S. dollars)	January 2, 2016			January 3, 2015
Details About AOCI Components1
Gains and losses on derivative instruments
Foreign currency and commodity hedges	$	(1.5	)	$	(1.0	)	Cost of sales
	$	(1.5	)	$	(1.0	)	Total before taxes
		0.8			0.3		Tax (expense) or benefit
	$	(0.7	)	$	(0.7	)	Net of tax
Amortization of pension benefit plan items
Prior service costs 2	$	(0.1	)	$	(0.1	)
Actuarial adjustments 2		—			—
Actuarial (losses)/gains 2		(0.4	)		(0.3	)
		(0.5	)		(0.4	)	Total before taxes
		0.1			0.1		Tax (expense) or benefit
	$	(0.4	)	$	(0.3	)	Net of tax
Total reclassifications for the period	$	(1.1	)	$	(1.0	)	Net of tax

^1.  Amounts in parenthesis indicate debits.

^2.  These AOCI components are included in the computation of net periodic pension cost.