Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 30, 2017

Equity [Abstract]

Net Changes in Accumulated OCI by Component, Net of Tax

The following is a summary of net changes in Accumulated OCI by component and net of tax for 2017 and 2016:

(Amounts in millions)	Foreign Currency Translation		Cash Flow    Hedges		Defined Benefit Pension and Postretirement Plans		Total
Balance as of 2015 year end	$	(118.5)	$	0.7	$	(246.4)	$	(364.2)
Other comprehensive income (loss) before reclassifications		(99.2)		8.8		(62.6)		(153.0)
Amounts reclassified from Accumulated OCI		–		(0.3)		19.0		18.7
Net other comprehensive income (loss)		(99.2)		8.5		(43.6)		(134.3)
Balance as of 2016 year end	$	(217.7)	$	9.2	$	(290.0)	$	(498.5)
Other comprehensive income before reclassifications		135.2		6.9		11.8		153.9
Amounts reclassified from Accumulated OCI		–		(1.6)		17.2		15.6
Net other comprehensive income		135.2		5.3		29.0		169.5
Balance as of 2017 year end	$	(82.5)	$	14.5	$	(261.0)	$	(329.0)

Reclassifications Out of Accumulated OCI

The reclassifications out of Accumulated OCI in 2017 and 2016 are as follows:

	Amounts Reclassified from Accumulated OCI				Statement of Earnings Presentation
(Amounts in millions)	2017		2016
Gains on cash flow hedges:
Treasury locks	$	1.6	$	0.3	Interest expense
Income tax expense		–		–	Income tax expense
Net of tax		1.6		0.3
Amortization of net unrecognized losses and prior service credits		(26.6)		(30.1)	See footnote below*
Income tax benefit		9.4		11.1	Income tax expense
Net of tax		(17.2)		(19.0)
Total reclassifications for the period, net of tax	$	(15.6)	$	(18.7)

* These Accumulated OCI components are included in the computation of net periodic pension and postretirement health care costs; see Note 11 and Note 12 for further information.