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General (Tables)
3 Months Ended
Apr. 03, 2020
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
 
Cash Flow Hedge Adjustments
 
Total
For the Three-Month Period Ended April 3, 2020:
 
 
Balance, December 31, 2019
$
(2,173.3
)
 
$
(781.5
)
 
$
(0.7
)
 
$
(112.8
)
 
$
(3,068.3
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
 
 
 
(Decrease) increase
(131.5
)
 

 
0.7

 
650.8

 
520.0

Income tax impact
(22.4
)
 

 
(0.1
)
 
(118.9
)
 
(141.4
)
Other comprehensive income (loss) before reclassifications, net of income taxes
(153.9
)
 

 
0.6

 
531.9

 
378.6

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

 
10.8

(a)

 
(138.8
)
(b)
(128.0
)
Income tax impact

 
(2.6
)
 

 
29.0

 
26.4

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

 
8.2

 

 
(109.8
)
 
(101.6
)
Net current period other comprehensive income (loss), net of income taxes
(153.9
)
 
8.2

 
0.6

 
422.1

 
277.0

Balance, April 3, 2020
$
(2,327.2
)
 
$
(773.3
)
 
$
(0.1
)
 
$
309.3

 
$
(2,791.3
)
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
)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Notes 9 and 11 for additional details.
(b) Reflects reclassification to earnings related to hedges of certain long-term debt (refer to Note 8 for additional details).