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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 30, 2017
Components of the gains (losses), before taxes, recognized in "Accumulated other comprehensive loss" on derivatives related to cash flow hedge

 

                                                                                                                                                                                    

(In millions)

 

2017

 

2016

 

2015

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

 

$

(2.2

)

$

.2

 

$

(.1

)

Commodity contracts

 

 

(.6

)

 

.6

 

 

(.7

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

$

(2.8

)

$

.8

 

$

(.8

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Components of the net gains (losses) recognized in income related to other derivative instruments, which are not designated as hedging instruments

 

                                                                                                                                                                                                                           

(In millions)

 

Location of Net Gains (Losses) in Income

 

2017

 

2016

 

2015

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

 

Cost of products sold

 

$

(1.2

)

$

2.8

 

$

2.9

 

Foreign exchange contracts

 

Marketing, general and administrative expense

 

 

(42.9

)

 

4.1

 

 

2.9

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

 

 

$

(44.1

)

$

6.9

 

$

5.8

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Components of the gain (loss), before tax, recognized in Accumulated other comprehensive loss related to the net investment hedge

 

                                                                                                                                                                                                                  

(In millions)

 

2017

 

2016

 

2015

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign currency denominated debt

 

$

(63.7

)

$

N/A

 

$

N/A

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Cash Flow Hedging  
Fair value and balance sheet locations of derivatives

 

                                                                                                                                                                                                                                                                                                                                           

 

 

Asset

 

Liability

 

(In millions)

 

Balance Sheet Location

 

2017

 

2016

 

Balance Sheet Location

 

2017

 

2016

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

 

Other current assets

 

$

.4

 

$

3.0

 

Other accrued liabilities

 

$

.6

 

$

1.0

 

Commodity contracts

 

Other current assets

 

 

.5

 

Other accrued liabilities

 

 

 

Commodity contracts

 

Other assets

 

 

.1

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

 

 

$

.4

 

$

3.6

 

 

 

$

.6

 

$

1.0

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Not designated as hedging instruments  
Fair value and balance sheet locations of derivatives

 

                                                                                                                                                                                                                            

 

 

Asset

 

Liability

 

(In millions)

 

Balance Sheet Location

 

2017

 

2016

 

Balance Sheet Location

 

2017

 

2016

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

 

Other current assets

 

$

3.5

 

$

1.6

 

Other accrued liabilities

 

$

5.6

 

$

6.8

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​