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Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss

The following tables summarize the changes in the balances for each component of accumulated other comprehensive loss:
(Millions of Dollars)
 
Currency translation adjustment and other
 
Unrealized losses on cash flow hedges, net of tax
 
Unrealized gains (losses) on net investment hedges, net of tax
 
Pension (losses) gains, net of tax
 
Total
Balance - December 31, 2016
 
$
(1,586.3
)
 
$
(46.3
)
 
$
88.6

 
$
(377.2
)
 
$
(1,921.2
)
Other comprehensive income (loss) before reclassifications
 
452.5

 
(69.4
)
 
(85.3
)
 
(19.0
)
 
278.8

Adjustments related to sales of businesses
 
4.7

 
—

 
—

 
2.6

 
7.3

Reclassification adjustments to earnings
 
—

 
(1.4
)
 
—

 
17.7

 
16.3

Net other comprehensive income (loss)
 
457.2

 
(70.8
)
 
(85.3
)
 
1.3

 
302.4

Balance - September 30, 2017
 
$
(1,129.1
)
 
$
(117.1
)
 
$
3.3

 
$
(375.9
)
 
$
(1,618.8
)


(Millions of Dollars)
 
Currency translation adjustment and other
 
Unrealized losses on cash flow hedges, net of tax
 
Unrealized gains on net investment hedges, net of tax
 
Pension (losses) gains, net of tax
 
Total
Balance - January 2, 2016
 
$
(1,300.9
)
 
$
(52.1
)
 
$
11.8

 
$
(353.0
)
 
$
(1,694.2
)
Other comprehensive income (loss) before reclassifications
 
9.9

 
(48.9
)
 
35.2

 
13.9

 
10.1

Reclassification adjustments to earnings
 
—

 
(6.2
)
 
—

 
8.5

 
2.3

Net other comprehensive income (loss)
 
9.9

 
(55.1
)
 
35.2

 
22.4

 
12.4

Balance - October 1, 2016
 
$
(1,291.0
)
 
$
(107.2
)
 
$
47.0

 
$
(330.6
)
 
$
(1,681.8
)


The reclassifications out of accumulated other comprehensive loss for the nine months ended September 30, 2017 and October 1, 2016 were as follows (in millions):
Reclassifications from Accumulated other comprehensive loss to earnings
 
2017
 
2016
 
Affected line item in Consolidated Statements of Operations And Comprehensive Income
Realized gains on cash flow hedges
 
$
13.3

 
$
21.3

 
Cost of sales
Realized losses on cash flow hedges
 
(11.3
)
 
(11.2
)
 
Interest expense
Total before taxes
 
$
2.0

 
$
10.1

 
 
Tax effect
 
(0.6
)
 
(3.9
)
 
Income taxes
Realized gains on cash flow hedges, net of tax
 
$
1.4

 
$
6.2

 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Actuarial losses and prior service costs / credits
 
$
(7.3
)
 
$
(7.8
)
 
Cost of sales
Actuarial losses and prior service costs / credits
 
(4.8
)
 
(5.2
)
 
Selling, general and administrative
Settlement loss
 
(12.8
)
 
—

 
Other, net
Total before taxes
 
$
(24.9
)
 
$
(13.0
)
 
 
Tax effect
 
7.2

 
4.5

 
Income taxes
Amortization of defined benefit pension items, net of tax
 
$
(17.7
)
 
$
(8.5
)