XML 59 R13.htm IDEA: XBRL DOCUMENT v3.2.0.727
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 27, 2015
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
(In millions, net of tax)
Foreign Currency Items
 
Cash Flow Hedges
 
Pension and Other Post-retirement Items
 
Total
Balance at December 27, 2014
$
(368.3
)
 
$
7.8

 
$
(48.2
)
 
$
(408.7
)
Other comprehensive income (loss) before reclassifications
(44.6
)
 
4.4

 
1.5

 
(38.7
)
Amounts reclassified from accumulated other comprehensive loss

 
(6.6
)
 
1.5

 
(5.1
)
Net current-period other comprehensive income (loss)
(44.6
)
 
(2.2
)
 
3.0

 
(43.8
)
Balance at June 27, 2015
$
(412.9
)
 
$
5.6

 
$
(45.2
)
 
$
(452.5
)

(In millions, net of tax)
Foreign Currency Items
 
Cash Flow Hedges
 
Pension and Other Post-retirement Items
 
Total
Balance at December 28, 2013
$
(283.1
)
 
$
2.2

 
$
(35.9
)
 
$
(316.8
)
Other comprehensive income before reclassifications
6.4

 
2.6

 
0.1

 
9.1

Amounts reclassified from accumulated other comprehensive loss

 
(2.5
)
 
0.7

 
(1.8
)
Net current-period other comprehensive income
6.4

 
0.1

 
0.8

 
7.3

Balance at June 28, 2014
$
(276.7
)
 
$
2.3

 
$
(35.1
)
 
$
(309.5
)

Pretax amounts reclassified from accumulated other comprehensive loss that related to cash flow hedges consisted of net gains of $8.5 million and $3.2 million for the year-to-date periods ended June 27, 2015 and June 28, 2014, respectively. Associated with these items were tax provisions of $1.9 million and $0.7 million, respectively. See Note 10 for further discussion of derivatives.
For the year-to-date periods ended June 27, 2015 and June 28, 2014, pretax amounts reclassified from accumulated other comprehensive loss related to pension and other post-retirement items consisted of prior service benefits of $0.6 million and $0.4 million, respectively, and actuarial losses of $2.1 million and $1.3 million, respectively. For the period ended June 27, 2015, there were pension settlement costs of $0.4 million. There were no such costs for the period ended June 28, 2014. The tax benefit associated with these items was $0.4 million and $0.2 million, respectively. See Note 12 for further discussion of pension and other post-retirement benefit costs.