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Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Jul. 03, 2015
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Fair Value of Derivative Instruments Reported in Condensed Consolidated Balance Sheets
The fair values of derivative instruments reported on the Company’s Condensed Consolidated Balance Sheets were as follows: 
 
Asset Derivatives
 

 
July 3, 2015
 
September 26, 2014
(In millions)
Balance Sheet
Location
 
Fair Value
 
Fair Value
Derivatives designated as hedging instruments:
 
 
 
 
 
Foreign exchange forward contracts
Prepaid expenses and other current assets
 
$
0.5

 
$
1.5

Derivatives not designated as hedging instruments:
 
 
 

 
 

Foreign exchange forward contracts
Prepaid expenses and other current assets
 
0.5

 

Total derivatives
 
 
$
1.0

 
$
1.5

Outstanding Foreign Currency Forward Contracts
The Company had the following outstanding foreign currency forward contracts that were either (i) entered into to hedge balance sheet exposures from its various foreign subsidiaries and business units or (ii) originally designated as cash flow hedge (primarily in Japanese Yen) and were subsequently de-designated when the forecasted revenues were recognized:
 
July 3, 2015
(In millions)
Notional
Value Sold
 
Notional
Value Purchased
Australian Dollar
$
17.3

 
$

Brazilian Real
2.8

 

British Pound
19.9

 

Canadian Dollar

 
16.4

Danish Krone
1.7

 
4.5

Euro
166.4

 
15.6

Hungarian Forint
7.7

 

Indian Rupee
9.2

 

Japanese Yen
77.4

 

Swiss Franc

 
74.7

Totals
$
302.4

 
$
111.2

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
 
Nine Months Ended
 
 
Three Months Ended
 
Nine Months Ended
 
July 3,
 
June 27,
 
July 3,
 
June 27,
 
 
July 3,
 
June 27,
 
July 3,
 
June 27,
(In millions)
2015
 
2014
 
2015
 
2014
 
 
2015
 
2014
 
2015
 
2014
Foreign currency forward contracts
$
0.3

 
$
0.1

 
$
2.3

 
$
2.2

 
Revenues
 
$
0.7

 
$
(0.3
)
 
$
3.4

 
$
1.0

Gains (Losses) Related to Foreign Currency Forward Exchange Contracts that are Not Designated as Hedging Instruments
The following table presents the gains (losses) recognized in the Condensed Consolidated Statements of Earnings related to the foreign currency forward exchange contracts that are not designated as hedging instruments:
Location of Gain (Loss) Recognized in Income on Derivative
 
Amount of Gain (Loss) Recognized in Net Earnings on Derivative
 
 
Three Months Ended
 
Nine Months Ended
 
 
July 3,
 
June 27,
 
July 3,
 
June 27,
(In millions)
 
2015
 
2014
 
2015
 
2014
Selling, general and administrative expenses
 
$
(1.3
)
 
$
(1.1
)
 
$
32.7

 
$
0.4

Cash Flow Hedging  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Outstanding Foreign Currency Forward Contracts
The Company had the following outstanding foreign currency forward contracts that were entered into to hedge forecasted revenues and designated as cash flow hedges: 
 
July 3, 2015
(In millions)
Notional
Value Sold
Euro
$
20.4

Japanese Yen
0.9

Totals
$
21.3