XML 73 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 28, 2014
Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, hedging activities and pension benefit adjustments are included in Equity in Accumulated Other Comprehensive Loss.
The changes in accumulated other comprehensive loss by component, net of tax, for the three and six months ended June 28, 2014 and June 29, 2013 were as follows (in millions):
 
Three Months Ended
 
June 28, 2014
 
Hedging Activities
 
Pension Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
(15.6
)
 
$
(23.0
)
 
$
(31.2
)
 
$
(69.8
)
Other comprehensive income (loss) before reclassifications
6.5

 
(0.5
)
 
3.3

 
9.3

Amounts reclassified from accumulated other comprehensive income (loss)
2.7

 
0.4

 

 
3.1

Net current period other comprehensive income (loss)
9.2

 
(0.1
)
 
3.3

 
12.4

Ending balance
$
(6.4
)
 
$
(23.1
)
 
$
(27.9
)
 
$
(57.4
)
 
 
 
 
 
 
 
 
 
Three Months Ended
 
June 29, 2013
 
Hedging Activities
 
Pension Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
(12.3
)
 
$
(41.1
)
 
$
(11.3
)
 
$
(64.7
)
Other comprehensive income (loss) before reclassifications
(13.1
)
 

 
(22.5
)
 
(35.6
)
Amounts reclassified from accumulated other comprehensive income (loss)
0.3

 
(0.2
)
 

 
0.1

Net current period other comprehensive income (loss)
(12.8
)
 
(0.2
)
 
(22.5
)
 
(35.5
)
Ending balance
$
(25.1
)
 
$
(41.3
)
 
$
(33.8
)
 
$
(100.2
)
 
Six Months Ended
 
June 28, 2014
 
Hedging Activities
 
Pension Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
(9.5
)
 
$
(23.3
)
 
$
(27.0
)
 
$
(59.8
)
Other comprehensive income (loss) before reclassifications
(2.0
)
 
(0.5
)
 
(0.9
)
 
(3.4
)
Amounts reclassified from accumulated other comprehensive income (loss)
5.1

 
0.7

 

 
5.8

Net current period other comprehensive income (loss)
3.1

 
0.2

 
(0.9
)
 
2.4

Ending balance
$
(6.4
)
 
$
(23.1
)
 
$
(27.9
)
 
$
(57.4
)

 
Six Months Ended
 
June 29, 2013
 
Hedging Activities
 
Pension Benefit Adjustments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
(17.4
)
 
$
(41.9
)
 
$
(6.0
)
 
$
(65.3
)
Other comprehensive income (loss) before reclassifications
(9.2
)
 

 
(27.8
)
 
(37.0
)
Amounts reclassified from accumulated other comprehensive income (loss)
1.5

 
0.6

 

 
2.1

Net current period other comprehensive income (loss)
(7.7
)
 
0.6

 
(27.8
)
 
(34.9
)
Ending balance
$
(25.1
)
 
$
(41.3
)
 
$
(33.8
)
 
$
(100.2
)

The condensed consolidated income statement line items affected by the hedging activities reclassified from accumulated other comprehensive loss in the tables above are disclosed in Note 13 of Notes to Condensed Consolidated Financial Statements.
The reclassification amounts for pension benefit adjustments in the tables above are part of net periodic pension costs recorded in Operating Expenses (see Note 8 of Notes to Condensed Consolidated Financial Statements).