Comprehensive Income (Tables)

3 Months Ended

Apr. 04, 2015

Comprehensive Income

Schedule of changes in "Accumulated other comprehensive loss" (net of tax)

(In millions)	Foreign Currency Translation			Pension and Other Postretirement Benefits			Cash Flow Hedges			Total
Balance as of January 3, 2015	$	(16.7	)	$	(530.6	)	$	–		$	(547.3	)
Other comprehensive loss before reclassifications, net of tax	(72.1		)	–			–			(72.1		)
Reclassifications to net income, net of tax	–			6.4			(.7		)	5.7
Net current-period other comprehensive (loss) income, net of tax	(72.1		)	6.4			(.7		)	(66.4		)
Balance as of April 4, 2015	$	(88.8	)	$	(524.2	)	$	(.7	)	$	(613.7	)

(In millions)	Foreign Currency Translation			Pension and Other Postretirement Benefits			Cash Flow Hedges			Total
Balance as of December 28, 2013	$	138.0		$	(418.1	)	$	(1.0	)	$	(281.1	)
Other comprehensive loss before reclassifications, net of tax	(.9		)	–			–			(.9		)
Reclassifications to net income, net of tax	–			4.3			(.1		)	4.2
Net current-period other comprehensive (loss) income, net of tax	(.9		)	4.3			(.1		)	3.3
Balance as of March 29, 2014	$	137.1		$	(413.8	)	$	(1.1	)	$	(277.8	)

Schedule of amounts reclassified from "Accumulated other comprehensive loss" to increase (decrease) income from continuing operations

	Three Months Ended
(In millions)	April 4, 2015			March 29, 2014			Affected Line Item in the Statements Where Net Income is Presented
Cash flow hedges:
Foreign exchange contracts	$	1.5		$	–		Cost of products sold
Commodity contracts	(.5		)	.1			Cost of products sold
	1.0			.1			Total before tax
	(.3		)	–			Provision for income taxes
	.7			.1			Net of tax
Pension and other postretirement benefits(1)	(7.6		)	(5.5		)
	1.2			1.2			Provision for income taxes
	(6.4		)	(4.3		)	Net of tax
Total reclassifications for the period	$	(5.7	)	$	(4.2	)	Total, net of tax

(1) See Note 6, “Pension and Other Postretirement Benefits,” for more information.

Income tax expense (benefit) allocated to each component of other comprehensive loss (income):

	Three Months Ended
(In millions)	April 4, 2015			March 29, 2014
Pension and other postretirement benefits	$	1.2		$	1.2
Cash flow hedges	(.3		)	–
Income tax expense allocated to components of other comprehensive income	$	.9		$	1.2