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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
AOCI represents net earnings and any revenue, expenses, gains and losses that, under U.S. GAAP, are excluded from net earnings and recognized directly as a component of stockholders’ equity. The change in accumulated other comprehensive income (loss) during the quarters ended March 30, 2019 and March 31, 2018 is as follows:
(In millions)
Foreign
currency
translation
adjustments
 
Derivatives
 
Pension
adjustments
 
Total
Balance of AOCI as of December 30, 2017
$
(32.7
)
 
$
(13.9
)
 
$
(28.6
)
 
$
(75.2
)
Other comprehensive income (loss) before reclassifications (1)
(0.2
)
 
(3.2
)
 
—

 
(3.4
)
Amounts reclassified from AOCI
—

 
2.7

(2) 
0.8

(3) 
3.5

Income tax expense (benefit)
—

 
(0.8
)
 
(0.1
)
 
(0.9
)
Net reclassifications
—

 
1.9

 
0.7

 
2.6

Net current-period other comprehensive income (loss) (1)
(0.2
)
 
(1.3
)
 
0.7

 
(0.8
)
Reclassifications to retained earnings (4)
$
—

 
$
(2.1
)
 
$
(6.0
)
 
$
(8.1
)
Balance of AOCI as of March 31, 2018
$
(32.9
)
 
$
(17.3
)
 
$
(33.9
)
 
$
(84.1
)
 
 
 
 
 
 
 
 
Balance of AOCI as of December 29, 2018
$
(53.0
)
 
$
0.9

 
$
(36.2
)
 
$
(88.3
)
Other comprehensive income (loss) before reclassifications (1)
2.4

 
1.3

 
—

 
3.7

Amounts reclassified from AOCI
—

 
(1.8
)
(2) 
0.6

(3) 
(1.2
)
Income tax expense (benefit)
—

 
0.2

 
(0.1
)
 
0.1

Net reclassifications
—

 
(1.6
)
 
0.5

 
(1.1
)
Net current-period other comprehensive income (loss) (1)
2.4

 
(0.3
)
 
0.5

 
2.6

Balance of AOCI as of March 30, 2019
$
(50.6
)
 
$
0.6

 
$
(35.7
)
 
$
(85.7
)
(1) 
Other comprehensive income (loss) is reported net of taxes and noncontrolling interest.
(2) 
Amounts related to foreign currency derivatives are included in cost of goods sold. Amounts related to interest rate swaps and the cross-currency swap are included in interest expense.
(3) 
Amounts reclassified are included in the computation of net pension expense.
(4) 
Amounts reclassified to retained earnings upon adoption of ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities and ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.