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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 29, 2018
Components of the gains (losses), before taxes, recognized in "Accumulated other comprehensive loss" on derivatives related to cash flow hedge

 

                                                                                                                                                                                                         

(In millions)

 

2018

 

2017

 

2016

 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

Foreign exchange contracts

 

$

1.0

 

$

(2.2

)

$

.2

 

Commodity contracts

 

 

.4

 

 

(.6

)

 

.6

 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

 

 

$

1.4

 

$

(2.8

)

$

.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

 

2018

 

2017

 

2016

 

​  

​ 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

Foreign exchange contracts

 

Cost of products sold

 

$

4.5

 

$

(1.2

)

$

2.8

 

Foreign exchange contracts

 

Marketing, general and administrative expense

 

 

(27.0

)

 

(42.9

)

 

4.1

 

​  

​ 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

 

 

 

 

$

(22.5

)

$

(44.1

)

$

6.9

 

​  

​ 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

 

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

 

                                                                                                                                                                                                         

(In millions)

 

2018

 

2017

 

2016

 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

Foreign currency denominated debt

 

$

1.3

 

$

(63.7

)

$

N/A

 

​  

​ 

​  

​  

​ 

​  

​  

​ 

​  

​  

 

Cash Flow Hedging  
Fair value and balance sheet locations of derivatives

 

                                                                                                                                                                                                         

 

  

Asset

  

Liability

 

(In millions)

 

Balance Sheet Location

  

2018

  

2017

  

Balance Sheet Location

  

2018

  

2017

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

 

Other current assets

 

$

.5

 

$

.4

 

Other accrued liabilities

 

$

.8

 

$

.6

Commodity contracts

 

Other current assets

 

 

.1

 

 

 

 

 

 

 

 

 

 

 

​​

 

 

 

 

 

 

$

.6

 

$

.4

 

 

 

$

.8

 

$

.6

 

​​

 

 

 

 

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

 

                                                                                                                                                                                                         

 

  

Asset

  

Liability

(In millions)

  

Balance Sheet Location

  

2018

  

2017

  

Balance Sheet Location

  

2018

  

2017

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Foreign exchange contracts

  

Other current assets

  

$

3.0

  

$

3.5

  

Other accrued liabilities

  

$

7.9

  

$

5.6

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​