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Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 29, 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
10.2

 

 
(39.5
)
 

 
(29.3
)
Amounts reclassified from accumulated other comprehensive income
(0.7
)
 
0.4

 
9.3

 

 
9.0

Net current period other comprehensive income (loss)
9.5

 
0.4

 
(30.2
)
 

 
(20.3
)
Balance at Balance at September 30, 2016
$
1.6

 
$
(5.9
)
 
$
(81.3
)
 
$

 
$
(85.6
)

The following summarizes the change in accumulated other comprehensive income (loss) for the nine months ended September 29, 2017 and September 30, 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
17.7

 

 
5.3

 
0.1

 
23.1

Amounts reclassified from accumulated other comprehensive income
(4.7
)
 
0.9

 
40.1

 

 
36.3

Net current period other comprehensive income
13.0

 
0.9

 
45.4

 
0.1

 
59.4

Balance at September 29, 2017
$
(6.5
)
 
$
(4.8
)
 
$
(1.9
)
 
$
0.1

 
$
(13.1
)
Schedule of Reclassifications out of Accumulated Other Comprehensive Income
The following summarizes reclassifications from accumulated other comprehensive income for the nine months ended September 29, 2017 and September 30, 2016:
 
Amount Reclassified from
Accumulated Other Comprehensive Income
 
 
 
Nine Months Ended
 
 
 
September 29,
2017
 
September 30,
2016
 
Line Item in the Unaudited Condensed Consolidated
Statement of Income
Amortization and other of unrealized loss on derivatives
$
1.1

 
$
0.6

 
Interest expense
Income tax provision
(0.2
)
 
(0.2
)
 
Income tax benefit
Net of income taxes
0.9

 
0.4

 
 
 
 
 
 
 
 
Amortization of pension and post-retirement benefit plans:
 
 
 
 
 
Net actuarial loss
2.8

 
8.8

 
(1) 
Prior service credit
(1.6
)
 
(2.1
)
 
(1) 
Divestiture of discontinued operations
(3.1
)
 

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

 
8.1

 
(1) Selling, general and
     administrative expenses
Total before tax
67.8

 
14.8

 
 
Income tax provision
(27.7
)
 
(5.5
)
 
Income tax benefit
Net of income taxes
40.1

 
9.3

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

 
$
9.0

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