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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Accumulated Other Comprehensive Income [Abstract]    
Changes to the components of accumulated other comprehensive income (loss)
The following tables summarize the changes in the balances for each component of Accumulated other comprehensive loss:
(Millions of Dollars)
 
Currency translation adjustment and other
 
Unrealized (losses) gains on cash flow hedges, net of tax
 
Unrealized gains (losses) on net investment hedges, net of tax
 
Pension (losses) gains, net of tax
 
Total
Balance - December 29, 2018
 
$
(1,481.2
)
 
$
(26.8
)
 
$
63.3

 
$
(369.6
)
 
$
(1,814.3
)
Other comprehensive (loss) income before reclassifications
 
(18.9
)
 
(4.3
)
 
29.2

 
(3.4
)
 
2.6

Reclassification adjustments to earnings
 

 
2.1

 
(6.6
)
 
2.9

 
(1.6
)
Net other comprehensive (loss) income
 
(18.9
)
 
(2.2
)
 
22.6

 
(0.5
)
 
1.0

Balance - March 30, 2019
 
$
(1,500.1
)
 
$
(29.0
)
 
$
85.9

 
$
(370.1
)
 
$
(1,813.3
)
(Millions of Dollars)
 
Currency translation adjustment and other
 
Unrealized (losses) gains on cash flow hedges, net of tax
 
Unrealized gains (losses) on net investment hedges, net of tax
 
Pension gains (losses), net of tax
 
Total
Balance - December 30, 2017
 
$
(1,108.2
)
 
$
(112.6
)
 
$
3.4

 
$
(371.7
)
 
$
(1,589.1
)
Other comprehensive income (loss) before reclassifications
 
122.9

 
8.3

 
(32.9
)
 
(7.2
)
 
91.1

Reclassification adjustments to earnings
 

 
4.6

 
(2.8
)
 
2.9

 
4.7

Net other comprehensive income (loss)
 
122.9

 
12.9

 
(35.7
)
 
(4.3
)
 
95.8

Balance - March 31, 2018
 
$
(985.3
)
 
$
(99.7
)
 
$
(32.3
)
 
$
(376.0
)
 
$
(1,493.3
)
Reclassifications out of accumulated other comprehensive income (loss)
The reclassifications out of Accumulated other comprehensive loss for the three months ended March 30, 2019 and March 31, 2018 were as follows:
(Millions of Dollars)
 
2019
 
2018
 
Affected line item in Consolidated Statements of Operations And Comprehensive Income
Realized losses on cash flow hedges
 
$
(0.2
)
 
$
(2.8
)
 
Cost of sales
Realized losses on cash flow hedges
 
(4.0
)
 
(3.8
)
 
Interest expense
Total before taxes
 
$
(4.2
)
 
$
(6.6
)
 
 
Tax effect
 
2.1

 
2.0

 
Income taxes
Realized losses on cash flow hedges, net of tax
 
$
(2.1
)
 
$
(4.6
)
 
 
 
 
 
 
 
 
 
Realized gains on net investment hedges
 
$
8.7

 
$
3.5

 
Other, net
Tax effect
 
(2.1
)
 
(0.7
)
 
Income taxes
Realized gains on net investment hedges, net of tax
 
$
6.6

 
$
2.8

 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Actuarial losses and prior service costs / credits
 
$
(3.8
)
 
$
(3.8
)
 
Other, net
Tax effect
 
0.9

 
0.9

 
Income taxes
Amortization of defined benefit pension items, net of tax
 
$
(2.9
)
 
$
(2.9
)