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Other Expense, Net
 6 Months Ended
Jul. 02, 2011
Other Expense, Net Disclosure [Abstract]  
Other Expense, Net

4.       Other Expense, Net

       The components of other expense, net, in the accompanying statement of income are as follows:

 

    Three Months Ended Six Months Ended
    July 2,July 3, July 2,July 3,
(In millions) 2011 2010 2011 2010
               
Interest Income $ 6.6 $ 2.9 $ 11.6 $ 5.3
Interest Expense   (38.9)   (23.8)   (66.7)   (46.1)
Other Items, Net   22.1   (15.9)   22.4   (20.9)
               
  $ (10.2) $ (36.8) $ (32.7) $ (61.7)

       In the three- and six-month periods ended July 2, 2011, other items, net includes $33 million of gains on currency exchange contracts associated with the pending acquisition of Phadia (see Note 12), offset in part by $10 million of fees associated with a short-term financing commitment to fund the Phadia acquisition (see Note 9). In the three- and six- month periods ended July 3, 2010, other items, net includes $15 million and $16 million, respectively, of charges for the early extinguishment of debt.