DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Apr. 01, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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: 

	Liability Derivatives
	Balance Sheet	April 1, 2016		October 2, 2015
(In millions)	Location	Fair Value		Fair Value
Derivatives designated as hedging instruments:
Foreign exchange forward contracts	Accrued liabilities	$	1.3	$	—
Derivatives not designated as hedging instruments:
Foreign exchange forward contracts	Accrued liabilities	0.6		—
Total derivatives		$	1.9	$	—

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:

	April 1, 2016
(In millions)	Notional Value Sold		Notional Value Purchased
Australian Dollar	$	15.6	$	—
Brazilian Real	5.3		—
British Pound	65.1		—
Canadian Dollar	—		8.9
Danish Krone	—		0.3
Euro	218.6		2.0
Hungarian Forint	2.6		—
Indian Rupee	10.5		—
Japanese Yen	73.2		—
New Zealand Dollar	4.5		—
Norwegian Krone	1.1		—
Swedish Krona	6.2		—
Swiss Franc	—		68.9
Thai Baht	1.5		—
Totals	$	404.2	$	80.1

The Company had the following outstanding foreign currency forward contracts that were entered into to hedge forecasted revenues and designated as cash flow hedges: 

	April 1, 2016
(In millions)	Notional Value Sold
Euro	$	33.0
Totals	$	33.0

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 on 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 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)	April 1, 2016			April 3, 2015		April 1, 2016			April 3, 2015			April 1, 2016		April 3, 2015		April 1, 2016		April 3, 2015
Foreign currency forward contracts	$	(1.4	)	$	1.2	$	(1.3	)	$	2.0	Revenues	$	0.1	$	1.8	$	0.1	$	2.7

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:

Location of Gain (Loss) Recognized in Income on Derivative	Amount of Gain (Loss) Recognized in Net Earnings on Derivative
	Three Months Ended					Six Months Ended
(In millions)	April 1, 2016			April 3, 2015		April 1, 2016			April 3, 2015
Selling, general and administrative expenses	$	(12.3	)	$	22.5	$	(4.9	)	$	34.0