Hedging Transactions and Derivative Financial Instruments (Tables)

9 Months Ended

Oct. 01, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Reconciliation of Company's Derivatives by Contract Type

Set forth below is a reconciliation of the Company’s derivatives by contract type for the periods indicated:

(in millions of U.S. dollars)	October 1, 2016				January 2, 2016
Derivative Contract	Assets		Liabilities		Assets		Liabilities
Foreign currency hedge	$	—	$	0.4	$	0.6	$	—
Aluminum swaps		0.1		0.8		—		8.0
Coffee futures		4.6		—		—		—
	$	4.7	$	1.2	$	0.6	$	8.0

Summary of Fair Value of Aluminum Swap Assets and Liabilities

The fair value of the aluminum swap assets and liabilities which are shown on a net basis are reconciled in the table below:

(in millions of U.S. dollars)	October 1, 2016			January 2, 2016
Aluminum swap assets	$	0.1		$	—
Aluminum swap liabilities		(0.8	)		(8.0	)
Net asset (liability)	$	(0.7	)	$	(8.0	)