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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The provision for income taxes in the accompanying statement of income differs from the provision calculated by applying the statutory federal income tax rate of 35% to income from continuing operations before provision for income taxes due to the following:
 
 
Nine Months Ended
 
 
September 30,

 
October 1,

(In millions)
 
2017

 
2016

 
 
 
 
 
Provision for Income Taxes at Statutory Rate
 
$
563.2

 
$
480.2

 
 
 
 
 
Increases (Decreases) Resulting From:
 
 
 
 
Foreign rate differential
 
(287.0
)
 
(189.7
)
Foreign exchange loss on inter-company debt refinancing
 
(236.8
)
 

Income tax credits
 
(100.5
)
 
(233.6
)
Manufacturing deduction
 
(5.7
)
 
(25.5
)
Withholding taxes
 
48.7

 

Singapore tax holiday
 
(16.7
)
 
(14.0
)
Impact of change in tax laws and apportionment on deferred taxes
 
(60.1
)
 
0.3

Nondeductible expenses
 
9.1

 
6.3

Provision of tax reserves, net
 
12.5

 

Excess tax benefits from stock options and restricted stock units
 
(50.7
)
 

Tax return reassessments and settlements
 
4.8

 
(41.0
)
Valuation allowance
 
49.8

 

State income taxes, net of federal tax
 
(14.5
)
 
(6.3
)
Other, net
 
(4.5
)
 
2.7

 
 
 
 
 
Benefit from income taxes
 
$
(88.4
)
 
$
(20.6
)