Income Taxes	6 Months Ended
Jul. 04, 2015
Income Taxes	Income Taxes The Company recognized income tax expense of $78.5 million and $133.8 million for the three and six months ended July 4, 2015, respectively, resulting in an effective tax rate of 25.0% for each period. The effective tax rate differs from the U.S. statutory tax rate during these periods primarily due to a portion of the Company’s earnings being realized in lower-taxed foreign jurisdictions and the reversal of valuation allowances during the second quarter of 2015 for certain foreign deferred tax assets which have become realizable. The Company recognized income tax expense of $74.1 million and $122.1 million for the three and six months ended June 28, 2014, respectively, resulting in effective tax rates of 25.0% and 23.7%, respectively. The effective tax rates differed from the U.S. statutory tax rate during these periods primarily due to a portion of the Company’s earnings being realized in lower-taxed foreign jurisdictions, the favorable settlement of several foreign income tax audits and the reversal of valuation allowances for certain foreign net operating losses which had become realizable. The Company is subject to the examination of its income tax returns by the Internal Revenue Service and other taxing authorities both domestically and internationally. The final outcome of the future tax consequences of these examinations and legal proceedings, as well as the outcome of competent authority proceedings, changes and interpretation in regulatory tax laws, or expiration of statute of limitations, could impact the Company’s financial statements. Accordingly, the Company has tax reserves recorded for which it is reasonably possible that the amount of the unrecognized tax benefit will increase or decrease which could have a material effect on the financial results for any particular fiscal quarter or year. However, based on the uncertainties associated with litigation and the status of examinations, including the protocols of finalizing audits by the relevant tax authorities which could include formal legal proceedings, it is not possible to estimate the impact of any such change.

Income Taxes

The Company recognized income tax expense of $78.5 million and $133.8 million for the three and six months ended July 4, 2015, respectively, resulting in an effective tax rate of 25.0% for each period. The effective tax rate differs from the U.S. statutory tax rate during these periods primarily due to a portion of the Company’s earnings being realized in lower-taxed foreign jurisdictions and the reversal of valuation allowances during the second quarter of 2015 for certain foreign deferred tax assets which have become realizable.

The Company recognized income tax expense of $74.1 million and $122.1 million for the three and six months ended June 28, 2014, respectively, resulting in effective tax rates of 25.0% and 23.7%, respectively. The effective tax rates differed from the U.S. statutory tax rate during these periods primarily due to a portion of the Company’s earnings being realized in lower-taxed foreign jurisdictions, the favorable settlement of several foreign income tax audits and the reversal of valuation allowances for certain foreign net operating losses which had become realizable.

The Company is subject to the examination of its income tax returns by the Internal Revenue Service and other taxing authorities both domestically and internationally. The final outcome of the future tax consequences of these examinations and legal proceedings, as well as the outcome of competent authority proceedings, changes and interpretation in regulatory tax laws, or expiration of statute of limitations, could impact the Company’s financial statements. Accordingly, the Company has tax reserves recorded for which it is reasonably possible that the amount of the unrecognized tax benefit will increase or decrease which could have a material effect on the financial results for any particular fiscal quarter or year. However, based on the uncertainties associated with litigation and the status of examinations, including the protocols of finalizing audits by the relevant tax authorities which could include formal legal proceedings, it is not possible to estimate the impact of any such change.