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Equity (Tables) - shares
9 Months Ended
Sep. 28, 2017
Dec. 31, 2016
Class Of Stock [Line Items]    
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Common Stock, Shares Authorized 210,000,000  
Common stock, shares previously authorized 360,000,000  
Basic and Diluted Earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
For the Three Months Ended
 
September 28, 2017
 
September 29, 2016
 
Income
 
Shares
 
Per Share
Amount
 
Income
 
Shares
 
Per Share
Amount
Basic EPS
 

 
 

 
 

 
 

 
 

 
 

Income available to common stockholders
$
147.1

 
115.8

 
$
1.27

 
$
144.9

 
124.4

 
$
1.16

Income allocated to participating securities
0.1

 
0.1

 
 

 
0.2

 
0.1

 
 

Net income
$
147.2

 
 

 
 

 
$
145.1

 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted potential common shares
 

 
1.1

 
 

 
 

 
0.8

 
 

Diluted EPS
 

 
 

 
 

 
 

 
 

 
 

Net income
$
147.2

 
117.0

 
$
1.26

 
$
145.1

 
125.3

 
$
1.16

 
 
For the Nine Months Ended
 
September 28, 2017
 
September 29, 2016
 
Income
 
Shares
 
Per Share
Amount
 
Income
 
Shares
 
Per Share
Amount
Basic EPS
 

 
 

 
 

 
 

 
 

 
 

Income available to common shareholders
$
231.9

 
117.8

 
$
1.97

 
$
361.2

 
128.2

 
$
2.82

Income allocated to participating securities
0.2

 
0.1

 
 

 
0.3

 
0.1

 
 

Net income
$
232.1

 
 

 
 

 
$
361.5

 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted potential common shares
 

 
1.1

 
 

 
 

 
0.7

 
 

Diluted EPS
 

 
 

 
 

 
 

 
 

 
 

Net income
$
232.1

 
119.0

 
$
1.95

 
$
361.5

 
129.0

 
$
2.80


 
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Loss is summarized by component as follows:
 
 
As of
 
As of
 
September 28, 2017
 
December 31, 2016
Pension
$
(98.5
)
 
$
(98.5
)
SERP/Retiree medical
19.0

 
20.5

Foreign currency impact on long term intercompany loan
(15.2
)
 
(19.1
)
Currency translation adjustment
(58.6
)
 
(89.8
)
Total accumulated other comprehensive loss
$
(153.3
)
 
$
(186.9
)
 
Class A [Member]    
Class Of Stock [Line Items]    
Common Stock, Shares Authorized 200,000,000 200,000,000
Class B [Member]    
Class Of Stock [Line Items]    
Common stock, shares eliminated 150,000,000