Financial Instruments And Foreign Currency (Tables)

6 Months Ended

Jul. 02, 2011

Financial Instruments and Foreign Currency [Abstract]

Balances and locations of derivatives

The following table provides the balances and locations of derivatives as of July 2, 2011:

	Asset			Liability
(In millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets	$	6.0	Other current liabilities	$	7.1
Commodity contracts	Other current assets		—	Other current liabilities		1.5
		$	6.0		$	8.6

The following table provides the balances and locations of derivatives as of January 1, 2011:

	Asset			Liability
(In millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets	$	16.8	Other current liabilities	$	7.9
Commodity contracts	Other current assets		.1	Other current liabilities		2.4
		$	16.9		$	10.3

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table provides the components of the gain (loss) recognized in income related to fair value hedge contracts. The corresponding gains or losses on the underlying hedged items approximated the net gain (loss) on these fair value hedge contracts.

		Three Months Ended						Six Months Ended
(In millions)	Location of Gain (Loss) in Income	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
Foreign exchange contracts	Cost of products sold	$	.1		$	(1.1	)	$	.8		$	(1.9	)
Foreign exchange contracts	Marketing, general and administrative expense		(6.8	)		17.4			(2.0	)		33.3
		$	(6.7	)	$	16.3		$	(1.2	)	$	31.4

Components of the gain (loss) recognized in accumulated other comprehensive loss on derivatives

Amounts recognized in “Accumulated other comprehensive loss” (effective portion) on derivatives related to cash flow hedge contracts were as follows:

	Three Months Ended						Six Months Ended
(In millions)	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
Foreign exchange contracts	$	(.6	)	$	(2.3	)	$	(.4	)	$	(3.3	)
Commodity contracts		(.4	)		(.2	)		(.6	)		(2.5	)
Interest rate contract		—			(1.5	)		—			(0.3	)
	$	(1.0	)	$	(4.0	)	$	(1.0	)	$	(6.1	)

Components of the gain (loss) reclassified from accumulated other comprehensive loss

Amounts reclassified from “Accumulated other comprehensive loss” (effective portion) related to cash flow hedge contracts were as follows:

		Three Months Ended						Six Months Ended
(In millions)	Location of Loss in Income	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
Foreign exchange contracts	Cost of products sold	$	(.1	)	$	(.2	)	$	(.6	)	$	(.9	)
Commodity contracts	Cost of products sold		(.5	)		(1.1	)		(1.5	)		(2.7	)
Interest rate contracts	Interest expense		(1.0	)		(.8	)		(1.9	)		(1.8	)
		$	(1.6	)	$	(2.1	)	$	(4.0	)	$	(5.4	)