Note 17—Consolidated Accumulated Other Comprehensive (Loss) Income

Changes in consolidated accumulated other comprehensive (loss) income (“AOCI”) by component for the years ended December 30, 2017, December 31, 2016 and January 2, 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 at 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

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	)

^1.	All amounts are net of tax.

The following table summarizes the amounts reclassified from AOCI to total net income (loss) for the years ended December 30, 2017, December 31, 2016 and January 2, 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 Components¹	December 30, 2017			December 31, 2016			January 2, 2016
Gains and losses on derivative instruments
Foreign currency and commodity hedges	$	1.3		$	6.4		$	(1.5	)	Cost of sales

	$	1.3		$	6.4		$	(1.5	)	Total before taxes
		—			(0.1	)		0.8		Tax (expense) or benefit

	$	1.3		$	6.3		$	(0.7	)	Net of tax

Amortization of pension benefit plan items
Prior service costs ²	$	—		$	(0.1	)	$	(0.1	)
Actuarial (losses)/gains ²		(0.3	)		(0.4	)		(0.4	)

		(0.3	)		(0.5	)		(0.5	)	Total before taxes
		—			—			0.1		Tax (expense) or benefit

	$	(0.3	)	$	(0.5	)	$	(0.4	)	Net of tax

Total reclassifications for the period	$	1.0		$	5.8		$	(1.1	)	Net of tax

^1.	Amounts in parenthesis indicate debits.

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