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Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Accumulated Other Comprehensive Income [Abstract]    
Changes to the components of accumulated other comprehensive income (loss)
The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive loss:
(Millions of Dollars)
 
Currency translation adjustment and other
 
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 - January 3, 2015
 
$
(796.8
)
 
$
(50.9
)
 
$
(37.2
)
 
$
(385.3
)
 
$
(1,270.2
)
Other comprehensive (loss) income before reclassifications
 
$
(358.6
)
 
$
14.1

 
$
23.8

 
$
16.1

 
$
(304.6
)
Reclassification adjustments to earnings
 

 
(15.0
)
 

 
8.1

 
(6.9
)
Net other comprehensive (loss) income
 
$
(358.6
)
 
$
(0.9
)
 
$
23.8

 
$
24.2

 
$
(311.5
)
Balance - October 3, 2015
 
$
(1,155.4
)
 
$
(51.8
)
 
$
(13.4
)
 
$
(361.1
)
 
$
(1,581.7
)
(Millions of Dollars)
 
Currency translation adjustment and other
 
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 (loss) income before reclassifications
 
$
(321.6
)
 
$
13.6

 
$
2.2

 
$
7.6

 
$
(298.2
)
Reclassification adjustments to earnings
 

 
6.7

 

 
4.6

 
11.3

Net other comprehensive (loss) income
 
$
(321.6
)
 
$
20.3

 
$
2.2

 
$
12.2

 
$
(286.9
)
Balance - September 27, 2014
 
$
(392.1
)
 
$
(57.0
)
 
$
(74.6
)
 
$
(262.2
)
 
$
(785.9
)
Reclassifications out of accumulated other comprehensive income (loss)
The reclassifications out of accumulated other comprehensive loss for the nine months ended October 3, 2015 and September 27, 2014 were as follows (in millions):
Reclassifications from Accumulated other comprehensive loss to earnings
 
2015
 
2014
 
Affected line item in Consolidated Statements of Operations And Comprehensive Income (Loss)
Realized gains (losses) on cash flow hedges
 
$
39.8

 
$
(0.8
)
 
Cost of sales
Realized losses on cash flow hedges
 
(11.3
)
 
(11.3
)
 
Interest expense
Tax effect
 
(13.5
)
 
5.4

 
Income taxes on continuing operations
Realized gain (loss) on cash flow hedges, net of tax
 
$
15.0

 
$
(6.7
)
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Actuarial losses
 
$
(7.1
)
 
$
(3.6
)
 
Cost of sales
Actuarial losses
 
(4.7
)
 
(2.4
)
 
Selling, general and administrative
Total before taxes
 
$
(11.8
)
 
$
(6.0
)
 
 
Tax effect
 
3.7

 
1.4

 
Income taxes on continuing operations
Amortization of defined benefit pension items, net of tax
 
$
(8.1
)
 
$
(4.6
)