DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Mar. 29, 2013

Fair Value of Derivative Instrument Reported in Statement of Financial Position

The fair values of derivative instruments reported on the Company’s Condensed Consolidated Balance Sheets were as follows:

	Asset Derivatives					Liability Derivatives
	Balance Sheet	March 29, 2013		September 28, 2012		Balance Sheet	March 29, 2013		September 28, 2012
(In millions)	Location	Fair Value		Fair Value		Location	Fair Value		Fair Value
Derivatives designated as hedging instruments:
Foreign exchange forward contracts	Prepaid expenses and other current assets	$	2.3	$	0.8	Accrued liabilities	$	—	$	—
Derivatives not designated as hedging instruments:
Foreign exchange forward contracts	Prepaid expenses and other current assets		0.3		—	Accrued liabilities		—		—
Total derivatives		$	2.6	$	0.8		$	—	$	—

Outstanding Foreign Currency Forward Contracts

The Company had the following outstanding foreign currency forward contracts that were entered into to hedge balance sheet exposures from its various foreign subsidiaries and business units:

	At March 29, 2013
(In millions)	Notional Value Sold		Notional Value Purchased
Australian dollar	$	11.5	$	—
British pound		12.0		—
Canadian dollar		11.5		0.6
Danish krona		—		3.1
Euro		189.9		—
Indian rupee		4.4		—
Japanese yen		52.4		—
New Zealand dollar		4.7		—
Swedish krona		7.4		—
Swiss franc		—		48.7
Totals	$	293.8	$	52.4

Effective Portion of Foreign Currency Forward Contracts Designated as Cash Flow Hedges

The following table presents the amounts, before tax, recognized in “Accumulated other comprehensive loss” in the Condensed Consolidated Balance Sheets and in the Condensed Consolidated Statements of Earnings that are related to the effective portion of the foreign currency forward contracts designated as cash flow hedges:

	Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion)								Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Net Earnings (Effective Portion)	Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Net Earnings (Effective Portion)
	Three Months Ended				Six Months Ended					Three Months Ended				Six Months Ended
(In millions)	March  29, 2013		March  30, 2012		March  29, 2013		March  30, 2012			March 29, 2013		March 30, 2012		March 29, 2013		March 30, 2012
Foreign exchange contracts	$	2.0	$	1.3	$	2.3	$	1.2	Revenues	$	0.2	$	0.2	$	1.0	$	0.1

Gains Losses Related to Foreign Currency Forward Exchange Contracts that are Not Designated as Hedging Instruments

The following table presents the gains recognized in the Condensed Consolidated Statements of Earnings related to the foreign currency forward exchange contracts that are not designated as hedging instruments under ASC 815.

Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain Recognized in Net Earnings on Derivative				Amount of Gain Recognized in Net Earnings on Derivative
	Three Months Ended				Six Months Ended
(In millions)	March 29, 2013		March 30, 2012		March 29, 2013		March 30, 2012
Selling, general and administrative expenses	$	9.8	$	0.4	$	12.3	$	2.1

Cash Flow Hedging

Outstanding Foreign Currency Forward Contracts

The Company had the following outstanding foreign currency forward contracts that were designated as cash flow hedges:

	Notional Value Sold
(In millions)	March 29, 2013
Euro	$	41.6
Japanese yen		10.2
Totals	$	51.8