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Noncontrolling Interests
9 Months Ended
Sep. 30, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests
 
The following table reconciles shareholders’ equity attributable to noncontrolling interests (U.S. dollars in millions):
 
 
Nine months ended
 
September 30,
2016
 
September 25,
2015
Noncontrolling interests, beginning
$
42.9

 
$
40.0

Purchase of noncontrolling interest (1)
(19.5
)
 

Net income attributable to noncontrolling interests
2.0

 
4.5

Translation adjustments
0.3

 
(1.1
)
Retirement benefit adjustment
(0.1
)
 
(0.1
)
Capital contributions from, net
0.3

 
0.1

Noncontrolling interests, ending
$
25.9

 
$
43.4



(1)
We purchased the remaining interest of our Variable Interest Entity ("VIE") for $45.0 million on April 28, 2016. We recorded a charge of $25.5 million to equity as a result of the difference between the fair value of the consideration of $45.0 million less the $19.5 million carrying value of the noncontrolling interest. Refer to Note 6, “Variable interest Entities”, for disclosures related to the purchase of the remaining interest in our VIE.