Financial Instruments and Risk Management (Tables)

6 Months Ended

Jun. 29, 2019

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	June 29, 2019		December 29, 2018		June 30, 2018
Foreign exchange contracts:
Hedge contracts	$	238.1	$	220.3	$	209.6
Non-hedge contracts	8.5		4.8		—
Interest rate swaps	141.9		181.3		395.5
Cross currency swap	79.8		95.8		106.4

Schedule of Derivative Assets at Fair Value [Table Text Block]

The recorded fair values of the Company’s derivative instruments are as follows:

(In millions)	June 29, 2019			December 29, 2018			June 30, 2018
Financial assets:
Foreign exchange contracts - hedge	$	4.3		$	8.7		$	6.0
Interest rate swaps	—			1.6			3.2
Financial liabilities:
Foreign exchange contracts - hedge	$	(0.1	)	$	—		$	(0.2	)
Interest rate swaps	(0.2		)	—			—
Cross currency swap	(5.3		)	(8.2		)	(12.4		)