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Retirement Plans (Tables)
12 Months Ended
Dec. 29, 2017
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Cost
The net periodic benefit cost (credit) for the Company's pension and postretirement benefit plans was as follows:
 
Pension Benefits
 
Fiscal Year Ended
 
Three Months Ended
 
December 29,
2017
 
September 30,
2016
 
September 25,
2015
 
December 30,
2016
Service cost
$
1.4

 
$
1.8

 
$
2.4

 
$
0.8

Interest cost
2.3

 
13.2

 
14.5

 
2.0

Expected return on plan assets
(1.3
)
 
(16.7
)
 
(18.9
)
 
(2.3
)
Amortization of net actuarial loss
2.7

 
11.3

 
9.2

 
3.5

Amortization of prior service cost
0.2

 

 

 
0.1

Loss on plan settlements
71.1

 
8.1

 
5.9

 
45.0

Curtailment gain
(1.0
)
 

 

 

Net periodic benefit cost
$
75.4

 
$
17.7

 
$
13.1

 
$
49.1


 
Postretirement Benefits
 
Fiscal Year Ended
 
Three Months Ended
 
December 29,
2017
 
September 30,
2016
 
September 25,
2015
 
December 30,
2016
Service cost
$

 
$
0.1

 
$
0.1

 
$
0.1

Interest cost
1.7

 
2.0

 
1.9

 
0.4

Amortization of prior service credit
(2.0
)
 
(2.1
)
 
(4.0
)
 
(0.5
)
Gain on plan settlements
(0.9
)
 

 

 

Net periodic benefit credit
$
(1.2
)
 
$

 
$
(2.0
)
 
$

Schedule of Changes in Benefit Obligations, Plan Assets, and Funded Status of Plans
The following table represents the changes in benefit obligations, plan assets and the net amounts recognized on the consolidated balance sheets for pension and postretirement benefit plans at the end of each period:
 
Pension Benefits
 
Postretirement Benefits
 
December 29,
2017
 
December 30,
2016
 
September 30,
2016
 
December 29,
2017
 
December 30,
2016
 
September 30,
2016
Change in benefit obligations:
 
 
 
 
 
 
 
 
 
 
 
Projected benefit obligations at beginning of year
$
257.4

 
$
409.1

 
$
375.5

 
$
47.5

 
$
50.8

 
$
52.2

Service cost
1.4

 
0.8

 
1.8

 

 
0.1

 
0.1

Interest cost
2.3

 
2.0

 
13.2

 
1.7

 
0.4

 
2.0

Actuarial (gain) loss
(9.0
)
 
(23.2
)
 
65.5

 
0.2

 
(2.8
)
 
0.5

Benefits and administrative expenses paid
(9.4
)
 
(5.3
)
 
(20.1
)
 
(2.9
)
 
(1.0
)
 
(4.0
)
Plan settlements
(217.0
)
 
(125.9
)
 
(26.5
)
 
(0.9
)
 

 

Plan curtailments and amendments

 

 
(0.4
)
 

 

 

Net transfer in

 
1.1

 

 

 

 

Currency translation
2.1

 
(1.2
)
 
0.1

 

 

 

Projected benefit obligations at end of year
$
27.8

 
$
257.4

 
$
409.1

 
$
45.6

 
$
47.5

 
$
50.8

 
 
 
 
 
 
 
 
 
 
 
 
Change in plan assets:
 
 
 
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
$
161.0

 
$
309.5

 
$
309.9

 
$

 
$

 
$

Actual return on plan assets
0.3

 
(18.1
)
 
29.5

 

 

 

Employer contributions
68.0

 
0.8

 
16.7

 
2.9

 
1.0

 
4.0

Benefits and administrative expenses paid
(9.4
)
 
(5.3
)
 
(20.1
)
 
(2.9
)
 
(1.0
)
 
(4.0
)
Plan settlements
(217.0
)
 
(125.9
)
 
(26.5
)
 

 

 

Net transfer out
(2.9
)
 

 

 

 

 

Fair value of plan assets at end of year
$

 
$
161.0

 
$
309.5

 
$

 
$

 
$

Funded status at end of year
$
(27.8
)
 
$
(96.4
)
 
$
(99.6
)
 
$
(45.6
)
 
$
(47.5
)
 
$
(50.8
)
Schedule of Amounts Recognized in Balance Sheet
 
Pension Benefits
 
Postretirement Benefits
 
December 29,
2017
 
December 30,
2016
 
December 29,
2017
 
December 30,
2016
Amounts recognized on the consolidated balance sheet:
 
 
 
 
 
 
 
Non-current assets
$

 
$
1.4

 
$

 
$

Current liabilities
(2.4
)
 
(5.5
)
 
(3.9
)
 
(4.2
)
Non-current liabilities
(25.4
)
 
(92.3
)
 
(41.7
)
 
(43.3
)
Net amount recognized on the consolidated balance sheet
$
(27.8
)
 
$
(96.4
)
 
$
(45.6
)
 
$
(47.5
)
 
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive income consist of:
 
 
 
 
 
 
 
Net actuarial loss
$
(8.6
)
 
$
(89.7
)
 
$
(3.0
)
 
$
(2.8
)
Prior service (cost) credit
(0.5
)
 
0.4

 
10.2

 
12.3

Net amount recognized in accumulated other comprehensive income
$
(9.1
)
 
$
(89.3
)
 
$
7.2

 
$
9.5

Schedule of Amounts to be Amortized from Accumulated Other Comprehensive Income
The estimated amounts that will be amortized from accumulated other comprehensive income into net periodic benefit cost (credit) in fiscal 2018 are as follows:
 
Pension Benefits
 
Postretirement Benefits
Amortization of net actuarial loss
$
(0.5
)
 
$
(0.1
)
Amortization of prior service (cost) credit
(0.1
)
 
2.1

Schedule of Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Additional information related to pension plans is as follows:
 
December 29,
2017
 
December 30,
2016
Pension plans with accumulated benefit obligations in excess of plan assets:
 
 
 
Accumulated benefit obligation
$
27.3

 
$
251.2

Fair value of plan assets

 
153.8

Schedule of Actuarial Assumptions
The weighted-average discount rate used to determine net periodic benefit cost and obligations for the Company's postretirement benefit plans are as follows:
 
Fiscal Year
 
Three Months Ended
 
2017
 
2016
 
2015
 
December 30, 2016
Net periodic benefit cost
3.7
%
 
4.0
%
 
3.6
%
 
3.2
%
Benefit obligations
3.4
%
 
3.2
%
 
3.9
%
 
3.8
%
Weighted-average assumptions used each period to determine net periodic benefit cost for the Company's pension plans are as follows:
 
U.S. Plans
 
Non-U.S. Plans
 
Fiscal Year Ended
 
Three Months Ended
 
Fiscal Year Ended
 
Three Months Ended
 
2017
 
2016
 
2015
 
December 30, 2016
 
2017
 
2016
 
2015
 
December 30, 2016
Discount rate
3.0
%
 
3.9
%
 
3.8
%
 
2.2
%
 
1.8
%
 
2.0
%
 
2.4
%
 
1.3
%
Expected return on plan assets
3.5
%
 
5.8
%
 
6.0
%
 
3.5
%
 
%
 
2.0
%
 
2.0
%
 
%
Rate of compensation increase
%
 
%
 
%
 
%
 
2.5
%
 
%
 
%
 
%





Weighted-average assumptions used each period to determine benefit obligations for the Company's pension plans are as follows:
 
U.S. Plans
 
Non-U.S. Plans
 
Fiscal Year Ended
 
Three Months Ended
 
Fiscal Year Ended
 
Three Months Ended
 
2017
 
2016
 
2015
 
December 30, 2016
 
2017
 
2016
 
2015
 
December 30, 2016
Discount rate
3.3
%
 
2.3
%
 
3.9
%
 
3.0
%
 
1.9
%
 
1.3
%
 
2.4
%
 
1.8
%
Rate of compensation increase
%
 
%
 
%
 
%
 
2.5
%
 
%
 
%
 
0.3
%
Schedule of Healthcare Cost Trend Rates
Healthcare cost trend assumptions for postretirement benefit plans are as follows:
 
December 29,
2017
 
December 30,
2016
Healthcare cost trend rate assumed for next fiscal year
6.9
%
 
6.9
%
Rate to which the cost trend rate is assumed to decline
4.5
%
 
4.5
%
Fiscal year the ultimate trend rate is achieved
2038

 
2038

Schedule of Effect of One-Percentage-Point Change in Assumed Healthcare Cost Trend Rates
A one-percentage-point change in assumed healthcare cost trend rates would have the following effects:
 
One-Percentage-Point Increase
 
One-Percentage-Point Decrease
Effect on total of service and interest cost
$

 
$

Effect on postretirement benefit obligation
0.2

 
(0.4
)
Schedule of Weighted Average Allocation of Plan Assets
Schedule of Fair Value of Plan Assets
The following table provides a summary of plan assets held by the Company's pension plans and the respective weighted-average asset allocations as of December 30, 2016:
 
December 30, 2016 (1)
 
Weighted-Average Asset Allocation
Equity Securities:
 
 
 
U.S. large cap
$
1.7

 
1
%
Debt securities:
 
 
 
Diversified fixed income funds (2)
148.3

 
92

Cash and cash equivalents
11.0

 
7

Total
$
161.0

 
100
%
(1)
All plan assets were measured at fair value on a recurring basis and were categorized as Level 1 with quoted prices in active markets for identical assets.
(2)
Diversified fixed income funds consist of U.S. Treasury bonds, mortgage-backed securities, corporate bonds, asset-backed securities and U.S. agency bonds.
[1],[2]
Schedule of Expected Benefit Payments
Benefit payments expected to be paid, reflecting future expected service as appropriate, are as follows:
 
Pension Benefits
 
Postretirement Benefits
Fiscal 2018
$
2.4

 
$
3.9

Fiscal 2019
1.8

 
3.7

Fiscal 2020
1.8

 
3.5

Fiscal 2021
1.7

 
3.3

Fiscal 2022
1.6

 
3.2

Fiscal 2023 - 2027
7.5

 
14.2

[1] All plan assets were measured at fair value on a recurring basis and were categorized as Level 1 with quoted prices in active markets for identical assets.
[2] Diversified fixed income funds consist of U.S. Treasury bonds, mortgage-backed securities, corporate bonds, asset-backed securities and U.S. agency bonds.