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Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 28, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income The following summarizes the change in accumulated other comprehensive loss for the nine months ended September 28, 2018 and September 29, 2017:
 
Currency Translation
 
Unrecognized Loss on Derivatives
 
Unrecognized Loss on Benefit Plans
 
Unrecognized Gain on Investment (1)
 
Accumulated Other Comprehensive Loss (1)
Balance at December 29, 2017
$
(8.2
)
 
$
(4.7
)
 
$
(1.5
)
 
$

 
$
(14.4
)
Other comprehensive (loss) income before reclassifications
(4.1
)
 

 
4.3

 

 
0.2

Amounts reclassified from accumulated other comprehensive loss

 
0.7

 
(5.2
)
 

 
(4.5
)
Net current period other comprehensive (loss) income
(4.1
)
 
0.7

 
(0.9
)
 

 
(4.3
)
Balance at September 28, 2018
$
(12.3
)
 
$
(4.0
)
 
$
(2.4
)
 
$

 
$
(18.7
)

(1)
Upon adoption of ASU 2016-01, a reclassification of $1.5 million relating to the unrealized gain on investment resulted in an increase to beginning retained earnings with an offsetting decrease to accumulated other comprehensive loss. See Note 2 for additional details.
 
Currency Translation
 
Unrecognized Loss on Derivatives
 
Unrecognized Loss on Benefit Plans
 
Unrecognized Gain on Investment
 
Accumulated Other Comprehensive Loss
Balance at December 30, 2016
$
(19.5
)
 
$
(5.7
)
 
$
(47.3
)
 
$

 
$
(72.5
)
Other comprehensive income before reclassifications
17.7

 

 
5.6

 
0.1

 
23.4

Amounts reclassified from accumulated other comprehensive loss
(4.7
)
 
0.9

 
39.8

 

 
36.0

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 loss for the nine months ended September 28, 2018 and September 29, 2017:
 
Amount Reclassified from
Accumulated Other Comprehensive Loss
 
 
 
Nine Months Ended
 
 
 
September 28,
2018
 
September 29,
2017
 
Line Item in the Unaudited Condensed Consolidated
Statement of Income
Currency translation
$

 
$
(4.7
)
 
Income from discontinued operations, net of income taxes
 
 
 
 
 
 
Amortization and other of unrealized loss on derivatives
0.7

 
1.1

 
Interest expense
Income tax provision

 
(0.2
)
 
Income tax benefit
Net of income taxes
0.7

 
0.9

 
 
 
 
 
 
 
 
Amortization of pension and post-retirement benefit plans:
 
 
 
 
 
Net actuarial loss
0.4

 
1.8

 
(1)  
Prior service credit
(1.5
)
 
(1.0
)
 
(1)  
Divestiture of discontinued operations

 
(3.1
)
 
Income from discontinued operations, net of income taxes
Plan settlements
(4.1
)
 
69.7

 
(1)  
Total before tax
(5.2
)
 
67.4

 
 
Income tax provision

 
(27.6
)
 
Income tax benefit
Net of income taxes
(5.2
)
 
39.8

 
 
 
 
 
 
 
 
Total reclassifications for the period
$
(4.5
)
 
$
36.0

 
 
(1)
These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 13 for additional details.