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Financial Instruments (Tables)
 9 Months Ended
Sep. 26, 2014
Derivative Instruments and Hedges, Assets [Abstract]  
Notional Amounts and Fair Values of Derivatives Designated as Cash Flow Hedges and Derivatives Not Designated as Cash Flow Hedges
The notional amounts and fair values of derivatives not designated as cash flow hedges at September 26, 2014 and December 31, 2013 are shown below (in millions).
 
September 26, 2014
 
December 31, 2013
 
Notional
Amount
 
Fair Value
 
Notional
Amount
 
Fair Value
 
Asset (1)
 
Liability (2)
 
Asset (1)
 
Liability (2)
Derivatives not designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Commodity futures
$
114.5

 
$
2.6

 
$
1.6

 
$
173.7

 
$
1.2

 
$
7.6

Foreign currency exchange
165.9

 
2.8

 
4.3

 
223.2

 
6.0

 
1.7

 
 
 
$
5.4

 
$
5.9

 
 
 
$
7.2

 
$
9.3

 
(1)
Balance recorded in “Prepaid expenses and other” and “Other non-current assets”
(2)
Balance recorded in “Accrued liabilities” and “Other liabilities”
Gain and Loss on the Derivative Representing Either Hedge Ineffectiveness or Hedge Components Excluded From the Assessment of Effectiveness
 
Nine Fiscal Months Ended September 27, 2013
(in millions)
Amount of Comprehensive Income (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)
 
Amount of Gain (Loss) Reclassified from
Accumulated  OCI into Income
 
Location
Derivatives designated as cash flow hedges:
 
 
 
 
 
Interest rate swaps
$
0.1

 
$
(0.1
)
 
Interest expense
Commodity futures
(1.3
)
 
(1.9
)
 
Cost of sales
 
$
(1.2
)
 
$
(2.0
)