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General (Tables)
6 Months Ended
Jun. 27, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components Of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) - The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments are generally not adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.
 
Foreign
Currency
Translation
Adjustments
 
Pension and Post-Retirement Plan Benefit Adjustments
 
Unrealized
Gain on
Available-For-
Sale Securities
 
Total
For the Three Months Ended June 27, 2014:
 
 
 
 
 
 
 
Balance, March 28, 2014
$
406.0

 
$
(367.7
)
 
$
180.3

 
$
218.6

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Increase
59.1

 

 
58.7

 
117.8

Income tax expense

 

 
(22.1
)
 
(22.1
)
Other comprehensive income (loss) before reclassifications, net of income taxes
59.1

 

 
36.6

 
95.7

Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Increase (decrease)

 
5.4

(1)
(19.2
)
(2)
(13.8
)
Income tax (expense) benefit

 
(1.9
)
 
7.2

 
5.3

Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
3.5

 
(12.0
)
 
(8.5
)
Net current period other comprehensive income (loss), net of income taxes
59.1

 
3.5

 
24.6

 
87.2

Balance, June 27, 2014
$
465.1

 
$
(364.2
)
 
$
204.9

 
$
305.8

 
 
 
 
 
 
 
 
(1)  This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 6 for additional details).
(2)  Included in other income in the accompanying Consolidated Condensed Statement of Earnings (refer to Note 9 for additional details).
 
Foreign
Currency
Translation
Adjustments
 
Pension and Post-Retirement Plan Benefit Adjustments
 
Unrealized
Gain on
Available-For-
Sale Securities
 
Total
For the Three Months Ended June 28, 2013:
 
 
 
 
 
 
 
Balance, March 29, 2013
$
218.8

 
$
(650.2
)
 
$
163.4

 
$
(268.0
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
(Decrease) increase
(129.1
)
 

 
20.9

 
(108.2
)
Income tax expense

 

 
(7.9
)
 
(7.9
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(129.1
)
 

 
13.0

 
(116.1
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 

Increase

 
8.4

(1)

 
8.4

Income tax expense

 
(2.9
)
 

 
(2.9
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
5.5

 

 
5.5

Net current period other comprehensive income (loss), net of income taxes
(129.1
)
 
5.5

 
13.0

 
(110.6
)
Balance, June 28, 2013
$
89.7

 
$
(644.7
)
 
$
176.4

 
$
(378.6
)
 
 
 
 
 
 
 
 
For the Six Months Ended June 27, 2014:
 
 
 
 
 
 
 
Balance, December 31, 2013
$
413.2

 
$
(366.7
)
 
$
168.0

 
$
214.5

Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Increase (decrease)
51.9

 
(5.5
)
 
78.3

 
124.7

Income tax benefit (expense)

 
1.1

 
(29.4
)
 
(28.3
)
Other comprehensive income (loss) before reclassifications, net of income taxes
51.9

 
(4.4
)
 
48.9

 
96.4

Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Increase (decrease)

 
10.7

(1)
(19.2
)
(2)
(8.5
)
Income tax (expense) benefit

 
(3.8
)
 
7.2

 
3.4

Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
6.9

 
(12.0
)
 
(5.1
)
Net current period other comprehensive income (loss), net of income taxes
51.9

 
2.5

 
36.9

 
91.3

Balance, June 27, 2014
$
465.1

 
$
(364.2
)
 
$
204.9

 
$
305.8

 
 
 
 
 
 
 
 
For the Six Months Ended June 28, 2013:
 
 
 
 
 
 
 
Balance, December 31, 2012
$
475.3

 
$
(655.7
)
 
$
121.2

 
$
(59.2
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
(Decrease) increase
(385.6
)
 

 
88.4

 
(297.2
)
Income tax expense

 

 
(33.2
)
 
(33.2
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(385.6
)
 

 
55.2

 
(330.4
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Increase

 
16.8

(1)

 
16.8

Income tax expense

 
(5.8
)
 

 
(5.8
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
11.0

 

 
11.0

Net current period other comprehensive income (loss), net of income taxes
(385.6
)
 
11.0

 
55.2

 
(319.4
)
Balance, June 28, 2013
$
89.7

 
$
(644.7
)
 
$
176.4

 
$
(378.6
)
 
 
 
 
 
 
 
 
(1)  This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 6 for additional details).
(2)  Included in other income in the accompanying Consolidated Condensed Statement of Earnings (refer to Note 9 for additional details).