XML 42 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Accumulated Other Comprehensive Income [Abstract]    
Changes to the components of accumulated other comprehensive income (loss)
The table below sets forth the changes to the components of accumulated other comprehensive loss for the three months ended March 29, 2014 and March 30, 2013 (in millions):
 
 
Currency translation adjustment
 
Unrealized (losses) gains on cash flow hedges, net of tax
 
Unrealized (losses) gains on net investment hedges, net of tax
 
Pension (losses) gains, net of tax
 
Total
Balance - December 28, 2013
 
$
(70.5
)
 
$
(77.3
)
 
$
(76.8
)
 
$
(274.4
)
 
$
(499.0
)
Other comprehensive income (loss) before reclassifications
 
$
7.6

 
$
(1.5
)
 
$
(6.7
)
 
$
1.6

 
$
1.0

Reclassification adjustments to earnings
 
—

 
2.3

 
—

 
1.5

 
3.8

Net other comprehensive income (loss)
 
$
7.6

 
$
0.8

 
$
(6.7
)
 
$
3.1

 
$
4.8

Balance - March 29, 2014
 
$
(62.9
)
 
$
(76.5
)
 
$
(83.5
)
 
$
(271.3
)
 
$
(494.2
)
 
 
Currency translation adjustment
 
Unrealized (losses) gains on cash flow hedges, net of tax
 
Unrealized (losses) gains on net investment hedges, net of tax
 
Pension (losses) gains, net of tax
 
Total
Balance - December 29, 2012
 
$
29.4

 
$
(93.5
)
 
$
(63.3
)
 
$
(260.6
)
 
$
(388.0
)
Other comprehensive (loss) income before reclassifications
 
$
(194.5
)
 
$
3.0

 
$
36.5

 
$
7.5

 
$
(147.5
)
Reclassification adjustments to earnings
 
—

 
3.5

 
—

 
1.8

 
5.3

Net other comprehensive (loss) income
 
$
(194.5
)
 
$
6.5

 
$
36.5

 
$
9.3

 
$
(142.2
)
Balance - March 30, 2013
 
$
(165.1
)
 
$
(87.0
)
 
$
(26.8
)
 
$
(251.3
)
 
$
(530.2
)
Reclassifications out of accumulated other comprehensive income (loss)
The reclassifications out of accumulated other comprehensive loss for the three months ended March 29, 2014 and March 30, 2013 were as follows (in millions):
Reclassifications from accumulated other comprehensive
income (loss) to earnings
 
2014
 
2013
 
Affected line item in Consolidated Statements of Operations And Comprehensive Income (Loss)
Realized losses on cash flow hedges
 
$
(3.7
)
 
$
(5.6
)
 
Cost of sales
Tax effect
 
1.4

 
2.1

 
Income taxes on continuing operations
Realized losses on cash flow hedges, net of tax
 
$
(2.3
)
 
$
(3.5
)
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Actuarial losses
 
$
(1.2
)
 
$
(1.6
)
 
Cost of sales
Actuarial losses
 
(0.8
)
 
(1.0
)
 
Selling, general and administrative
Total before taxes
 
$
(2.0
)
 
$
(2.6
)
 
 
Tax effect
 
0.5

 
0.8

 
Income taxes on continuing operations
Amortization of defined benefit pension items, net of tax
 
$
(1.5
)
 
$
(1.8
)