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Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income
 
Currency Translation
 
Unrecognized Gain (Loss) on Derivatives
 
Unrecognized Gain (Loss) on Benefit Plans
 
Unrecognized Gain on Equity Securities
 
Accumulated Other Comprehensive Income (Loss)
Balance at December 25, 2015
$
(7.9
)
 
$
(6.3
)
 
$
(51.1
)
 
$

 
$
(65.3
)
Other comprehensive income (loss) before reclassifications
8.3

 

 
(15.5
)
 

 
(7.2
)
Amounts reclassified from accumulated other comprehensive income
(0.7
)
 
0.4

 
7.1

 

 
6.8

Net current period other comprehensive income (loss)
7.6

 
0.4

 
(8.4
)
 

 
(0.4
)
Balance at June 24, 2016
$
(0.3
)
 
$
(5.9
)
 
$
(59.5
)
 
$

 
$
(65.7
)

The following summarizes the change in accumulated other comprehensive income for the six months ended June 30, 2017 and June 24, 2016:
 
Currency Translation
 
Unrecognized Gain (Loss) on Derivatives
 
Unrecognized Gain (Loss) on Benefit Plans
 
Unrecognized Gain on Equity Securities
 
Accumulated Other Comprehensive Income (Loss)
Balance at December 30, 2016
$
(19.5
)
 
$
(5.7
)
 
$
(47.3
)
 
$

 
$
(72.5
)
Other comprehensive income before reclassifications
12.1

 

 
5.5

 
10.6

 
28.2

Amounts reclassified from accumulated other comprehensive income
(4.7
)
 
0.6

 
40.4

 

 
36.3

Net current period other comprehensive income
7.4

 
0.6

 
45.9

 
10.6

 
64.5

Balance at June 30, 2017
$
(12.1
)
 
$
(5.1
)
 
$
(1.4
)
 
$
10.6

 
$
(8.0
)
Schedule of Reclassifications out of Accumulated Other Comprehensive Income
The following summarizes reclassifications from accumulated other comprehensive income for the six months ended June 30, 2017 and June 24, 2016:
 
Amount Reclassified from
Accumulated Other Comprehensive Income
 
 
 
Six Months Ended
 
 
 
June 30,
2017
 
June 24,
2016
 
Line Item in the Unaudited Condensed Consolidated
Statement of Income
Amortization and other of unrealized loss on derivatives
$
0.8

 
$
0.4

 
Interest expense
Income tax provision
(0.2
)
 

 
Income tax benefit
Net of income taxes
0.6

 
0.4

 
 
 
 
 
 
 
 
Amortization of pension and post-retirement benefit plans:
 
 
 
 
 
Net actuarial loss
2.6

 
5.3

 
(1) 
Prior service credit
(1.1
)
 
(1.4
)
 
(1) 
Divestiture of discontinued operations
(3.1
)
 

 
Income from discontinued operations, net of income taxes
Plan settlements
69.7

 
7.0

 
(1) Selling, general and
     administrative expenses
Total before tax
68.1

 
10.9

 
 
Income tax provision
(27.7
)
 
(3.8
)
 
Income tax benefit
Net of income taxes
40.4

 
7.1

 
 
 
 
 
 
 
 
Currency translation
(4.7
)
 
(0.7
)
 
Income from discontinued operations, net of income taxes
 
 
 
 
 
 
Total reclassifications for the period
$
36.3

 
$
6.8

 
 
(1)
These accumulated other comprehensive income components are included in the computation of net periodic benefit cost. See Note 12 for additional details.