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General (Tables)
3 Months Ended
Mar. 29, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components Of Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any tax impacts.
 
Foreign Currency Translation Adjustments
 
Pension & Postretirement Plan Benefit Adjustments
 
Unrealized Gain (Loss) on Available-For-Sale Securities Adjustments
 
Total
For the Three-Month Period Ended March 29, 2019:
 
 
 
 
 
 
 
Balance, December 31, 2018
$
(2,098.1
)
 
$
(691.1
)
 
$
(1.9
)
 
$
(2,791.1
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
(Decrease) increase
(7.3
)
 

 
0.5

 
(6.8
)
Income tax impact
(3.5
)
 

 
(0.1
)
 
(3.6
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(10.8
)
 

 
0.4

 
(10.4
)
Amounts reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
 
Increase

 
7.1

(a)

 
7.1

Income tax impact

 
(1.7
)
 

 
(1.7
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
5.4

 

 
5.4

Net current period other comprehensive income (loss), net of income taxes
(10.8
)
 
5.4

 
0.4

 
(5.0
)
Balance, March 29, 2019
$
(2,108.9
)
 
$
(685.7
)
 
$
(1.5
)
 
$
(2,796.1
)
For the Three-Month Period Ended March 30, 2018:
 
 
 
 
 
 
 
Balance, December 31, 2017
$
(1,422.1
)
 
$
(571.2
)
 
$
(0.9
)
 
$
(1,994.2
)
Adoption of accounting standards
(43.8
)
 
(107.2
)
 
(0.2
)
 
(151.2
)
Balance, January 1, 2018
(1,465.9
)
 
(678.4
)
 
(1.1
)
 
(2,145.4
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
Increase (decrease)
294.1

 

 
(0.8
)
 
293.3

Income tax impact

 

 
0.3

 
0.3

Other comprehensive income (loss) before reclassifications, net of income taxes
294.1

 

 
(0.5
)
 
293.6

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

 
9.3

(a)

 
9.3

Income tax impact

 
(2.2
)
 

 
(2.2
)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes

 
7.1

 

 
7.1

Net current period other comprehensive income (loss), net of income taxes
294.1

 
7.1

 
(0.5
)
 
300.7

Balance, March 30, 2018
$
(1,171.8
)
 
$
(671.3
)
 
$
(1.6
)
 
$
(1,844.7
)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 10 for additional details.