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Accumulated Other Comprehensive Loss (Tables)
 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Accumulated Other Comprehensive Income [Abstract]    
Changes to the components of accumulated other comprehensive income (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 other1
 
Unrealized gains (losses) on cash flow hedges, net of tax
 
Unrealized gains (losses) on net investment hedges, net of tax
 
Pension gains (losses), net of tax
 
Total
Balance - December 30, 2017
 
$
(1,108.2
)
 
$
(112.6
)
 
$
3.4

 
$
(371.7
)
 
$
(1,589.1
)
Other comprehensive (loss) income before reclassifications
 
(286.7
)
 
52.2

 
50.5

 
6.5

 
(177.5
)
Reclassification adjustments to earnings
 
—

 
15.8

 
(8.8
)
 
8.4

 
15.4

Net other comprehensive (loss) income
 
(286.7
)
 
68.0

 
41.7

 
14.9

 
(162.1
)
Balance - September 29, 2018
 
$
(1,394.9
)
 
$
(44.6
)
 
$
45.1

 
$
(356.8
)
 
$
(1,751.2
)
(Millions of Dollars)
 
Currency translation adjustment and other1
 
Unrealized gains (losses) on cash flow hedges, net of tax
 
Unrealized gains (losses) on net investment hedges, net of tax
 
Pension gains (losses), net of tax
 
Total
Balance - December 31, 2016
 
$
(1,586.7
)
 
$
(46.3
)
 
$
88.6

 
$
(377.2
)
 
$
(1,921.6
)
Other comprehensive income (loss) before reclassifications
 
449.7

 
(69.4
)
 
(85.3
)
 
(19.0
)
 
276.0

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)
 
454.4

 
(70.8
)
 
(85.3
)
 
1.3

 
299.6

Balance - September 30, 2017
 
$
(1,132.3
)
 
$
(117.1
)
 
$
3.3

 
$
(375.9
)
 
$
(1,622.0
)
Reclassifications out of accumulated other comprehensive income (loss)
The reclassifications out of Accumulated other comprehensive loss for the nine months ended September 29, 2018 and September 30, 2017 were as follows:
(Millions of Dollars)
 
2018
 
2017
 
Affected line item in Consolidated Statements of Operations And Comprehensive Income
Realized (losses) gains on cash flow hedges
 
$
(16.6
)
 
$
13.3

 
Cost of sales
Realized losses on cash flow hedges
 
(11.3
)
 
(11.3
)
 
Interest expense
Total before taxes
 
$
(27.9
)
 
$
2.0

 
 
Tax effect
 
12.1

 
(0.6
)
 
Income taxes
Realized (losses) gains on cash flow hedges, net of tax
 
$
(15.8
)
 
$
1.4

 
 
 
 
 
 
 
 
 
Realized gains on net investment hedges
 
$
11.5

 
$
—

 
Other, net
Tax effect
 
(2.7
)
 
—

 
Income taxes
Realized gains on net investment hedges, net of tax
 
$
8.8

 
$
—

 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Actuarial losses and prior service costs / credits
 
$
(11.2
)
 
$
(12.1
)
 
Other, net
Settlement loss
 
—

 
(12.8
)
 
Other, net
Total before taxes
 
$
(11.2
)
 
$
(24.9
)
 
 
Tax effect
 
2.8

 
7.2

 
Income taxes
Amortization of defined benefit pension items, net of tax
 
$
(8.4
)
 
$
(17.7
)