Hedging Transactions And Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments, Gain (Loss) [Table Text Block]

The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges ($ in millions):

	Three-Month Period Ended March 29, 2019
	Notional Amount		Gain (Loss) Recognized in OCI
Foreign currency contracts	$	1,875.0	$	14.8
Foreign currency denominated debt	7,518.3		137.8
Total	$	9,393.3	$	152.6

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges ($ in millions):

	Three-Month Period Ended March 29, 2019
	Notional Amount		Gain (Loss) Recognized in OCI
Foreign currency contracts	$	1,875.0	$	14.8
Foreign currency denominated debt	7,518.3		137.8
Total	$	9,393.3	$	152.6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The Company’s derivative instruments, as well as its nonderivative debt instruments designated and qualifying as net investment hedges, were classified as of March 29, 2019 in the Company’s Consolidated Condensed Balance Sheet as follows ($ in millions):

	March 29, 2019
Derivative assets:
Prepaid expenses and other current assets	$	17.1
Derivative liabilities:
Accrued expenses and other liabilities	2.3
Nonderivative hedging instruments:
Long-term debt	7,518.3