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Hedging Transactions and Derivative Financial Instruments - (Tables)
 9 Months Ended
Sep. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Reconciliation of Company's Derivatives by Contract Type Set forth below is a reconciliation of our derivatives by contract type for the periods indicated:
(in millions of U.S. dollars)
September 28, 2019
 
December 29, 2018
Derivative Contract
Assets
 
Liabilities
 
Assets
 
Liabilities
Coffee futures1
$
—

 
$
(2.3
)
 
$
—

 
$
(10.9
)
______________________
1
The fair value of the coffee futures excludes amounts in the related margin accounts. We are required to maintain margin accounts in accordance with futures market and broker regulations. As of September 28, 2019 and December 29, 2018, the aggregate margin account balances were $3.8 million and $12.9 million, respectively, and are included in cash and cash equivalents on the Consolidated Balance Sheets.
Summary of Fair Value of Coffee Futures Assets and Liabilities The fair value of the coffee futures assets and liabilities which are shown on a net basis are reconciled in the table below:
(in millions of U.S. dollars)
September 28, 2019
 
December 29, 2018
Coffee futures assets
$
5.0


$
0.1

Coffee futures liabilities
(7.3
)

(11.0
)
Net asset (liability)
$
(2.3
)

$
(10.9
)
Derivative Instruments, Gain (Loss)
The location and amount of gains or losses recognized in the Consolidated Statements of Operations for cash flow hedging relationships, presented on a pre-tax basis, for the three and nine months ended September 28, 2019 and September 29, 2018, respectively, is shown in the table below:
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
(in millions of U.S. dollars)
Cost of sales
 
Cost of sales
Total amounts of income and expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
$
289.9


$
298.8


$
872.1


$
888.3

Loss on cash flow hedging relationship











Coffee futures:











Loss reclassified from AOCI into expense
$
2.1


$
2.4


$
6.4


$
3.8