Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2011

General Discussion of Derivative Instruments and Hedging Activities [Abstract]

Schedule of Outstanding Derivative Financial Instruments at Fair Value

Following is a listing of the Company's outstanding derivative financial instruments at fair value as of December 31, 2011 and December 25, 2010. Related to the forward contracts, the “buy” amounts represent the U.S. dollar equivalent of commitments to purchase foreign currencies, and the “sell” amounts represent the U.S. dollar equivalent of commitments to sell foreign currencies, all translated at the period-end market exchange rates for the U.S. dollar. All forward contracts are hedging net investments in certain foreign subsidiaries, cross-currency intercompany loans that are not permanent in nature, cross-currency external payables and receivables or forecasted purchases. Some amounts are between two foreign currencies:

Forward Contracts	2011				2010
(in millions)	Buy		Sell		Buy		Sell
Euro	$	61.4			$	65.2
U.S. dollar	48.5				21.0
South Korean won	6.8				12.5
Indonesian rupiah	6.6				17.5
Brazilian real	6.3				2.8
Malaysian ringgit	5.0						$	0.3
New Zealand dollar	4.6				4.4
Philippine peso	4.2				—
Mexican peso	1.8						0.2
South African rand	0.5						1.2
Swiss franc			$	39.2			49.6
Japanese yen			28.4				11.9
Australian dollar			17.5				5.5
Turkish lira			14.4				11.9
Russian ruble			9.3				1.0
Canadian dollar			8.6				9.6
Argentine peso			4.3				7.6
British pound			3.8				3.3
Thai baht			2.6				2.2
Croatian kuna			2.5				2.6
Hungarian forint			2.0				1.9
Norwegian krone			2.0				1.8
Indian rupee			2.0				—
Czech koruna			1.9				1.6
Polish zloty			1.5				5.7
Swedish krona			1.5				1.5
Ukraine hryvnia			1.3				1.3
Singapore dollar			1.3				0.2
Kazakhstan tenge			0.3				2.6
Other currencies (net)			0.6				1.7
	$	145.7	$	145.0	$	123.4	$	125.2

Schedule of Derivative Positions and Impact on Financial Position

The following tables summarize the Company's derivative positions and the impact they have on the Company's financial position as of December 31, 2011 and December 25, 2010:

	December 31, 2011
	Asset derivatives			Liability derivatives
Derivatives not designated as hedging instruments (in millions)	Balance sheet location	Fair value		Balance sheet location	Fair value
Interest rate contracts	Non-trade amounts receivable	$	—	Accrued liabilities	$	10.2
Derivatives designated as hedging instruments (in millions)
Foreign exchange contracts	Non-trade amounts receivable	21.4		Accrued liabilities	18.7
Total derivatives instruments		$	21.4		$	28.9
	December 25, 2010
	Asset derivatives			Liability derivatives
Derivatives designated as hedging instruments (in millions)	Balance sheet location	Fair value		Balance sheet location	Fair value
Interest rate contracts	Non-trade amounts receivable	$	—	Other liabilities	$	23.1
Foreign exchange contracts	Non-trade amounts receivable	16.1		Accrued liabilities	17.7
Total derivatives designated as hedging instruments		$	16.1		$	40.8

Schedule of Derivative Positions and Impact on Results of Operations and Comprehensive Income

The following tables summarize the Company's derivative positions and the impact they had on the Company's results of operations and comprehensive income for the years ended December 31, 2011, December 25, 2010 and December 26, 2009:

Derivatives designated as fair value hedges (in millions)	Location of gain or (loss) recognized in income on derivatives	Amount of gain or (loss) recognized in income on derivatives							Location of gain or (loss) recognized in income on related hedged items	Amount of gain or (loss) recognized in income on related hedged items
		2011			2010		2009			2011		2010			2009
Foreign exchange contracts	Other expense		($8.6	)		$8.5		$32.6	Other expense		$8.5		($9.0	)		($32.8	)

Derivatives designated as cash flow and net equity hedges (in millions)	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)								Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)							Location of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	Amount of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
Cash flow hedging relationships	2011		2010			2009				2011			2010		2009			2011			2010			2009
Interest rate contracts	$	4.1	$	4.6		$	8.5		Interest expense	$	—		$	—	$	—	Interest expense	$	(18.9	)	$	0.2		$	(0.4	)
Foreign exchange contracts	0.2		(0.2		)	(0.5		)	Cost of products sold and DS&A	(1.9		)	0.6		4.3		Interest expense	(2.0		)	(2.6		)	(2.6		)
Net equity hedging relationships
Foreign exchange contracts	18.7		(14.1		)	(14.8		)	Other expense	—			—		—		Interest expense	(11.2		)	(8.0		)	(4.0		)