Hedging Transactions and Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Reconciliation of Company's Derivatives by Contract Type

Set forth below is a reconciliation of the Company’s derivatives by contract type for the period indicated:

(in millions of U.S. dollars)	December 30, 2017				December 31, 2016
Derivative Contract	Assets		Liabilities		Assets		Liabilities
Coffee futures 1	$	—	$	1.2	$	—	$	6.1
	$	—	$	1.2	$	—	$	6.1

^1. The fair value of the coffee futures excludes amounts in the related margin accounts. As of December 30, 2017 and December 31, 2016, the aggregate margin account balances were $5.3 million and $9.2 million, respectively and are included in cash & cash equivalents on the Consolidated Balance Sheet.

Summary of Fair Value of Coffee Futures Assets and Liabilities

The fair value of the coffee futures assets and liabilities which are shown on a net basis are reconciled in the table below:

(in millions of U.S. dollars)	December 30, 2017			December 31, 2016
Coffee futures assets	$	0.6		$	1.4
Coffee futures liabilities		(1.8	)		(7.5	)
Net liability	$	(1.2	)	$	(6.1	)

Summary of Income and Expense Line Items Presented in Consolidated Statements of Operations

The location and amount of gains or losses recognized in the Consolidated Statements of Operations for cash flow hedging relationships relationship, presented on a pre-tax basis, for the year ended December 30, 2017, is shown in the table below:

	For the year ended December 30, 2017
(in millions of U.S. dollars)	Cost of sales
Total amounts of income and expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded	$	1,142.0
Gain on cash flow hedging relationship
Coffee futures:
Gain reclassfied from AOCI into income	$	1.3