XML 47 R27.htm IDEA: XBRL DOCUMENT
v3.19.3

General (Tables) | 9 Months Ended
--- | ---
Sep. 27, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Components Of Accumulated Other Comprehensive Income (Loss) | The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any tax impacts.
| Foreign Currency Translation Adjustments |  | Pension & Postretirement Plan Benefit Adjustments |  | Unrealized Gain (Loss) on Available-For-Sale Securities Adjustments |  | Cash Flow Hedge Adjustments |  | Total |
For the Three-Month Period Ended September 27, 2019: |  |  |
Balance, June 28, 2019 | $ | (2,155.4 | ) |  | $ | (681.1 | ) |  | $ | (1.0 | ) |  | $ | (6.8 | ) |  | $ | (2,844.3 | ) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
(Decrease) increase | (226.8 | ) |  | — |  |  | 0.6 |  |  | (55.1 | ) |  | (281.3 | ) |
Income tax impact | (9.0 | ) |  | — |  |  | (0.1 | ) |  | 13.3 |  |  | 4.2 |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | (235.8 | ) |  | — |  |  | 0.5 |  |  | (41.8 | ) |  | (277.1 | ) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 7.5 |  | (a) | — |  |  | — |  |  | 7.5 |  |
Income tax impact | — |  |  | (1.7 | ) |  | — |  |  | — |  |  | (1.7 | ) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 5.8 |  |  | — |  |  | — |  |  | 5.8 |  |
Net current period other comprehensive income (loss), net of income taxes | (235.8 | ) |  | 5.8 |  |  | 0.5 |  |  | (41.8 | ) |  | (271.3 | ) | (b)
Balance, September 27, 2019 | $ | (2,391.2 | ) |  | $ | (675.3 | ) |  | $ | (0.5 | ) |  | $ | (48.6 | ) |  | (3,115.6 | ) |
Less: accumulated other comprehensive income attributable to noncontrolling interests |  | (27.3 | ) |
Accumulated other comprehensive income attributable to controlling interests |  | $ | (3,088.3 | ) |
For the Three-Month Period Ended September 28, 2018: |  |  |
Balance, June 29, 2018 | $ | (1,812.9 | ) |  | $ | (664.6 | ) |  | $ | (1.7 | ) |  | $ | — |  |  | $ | (2,479.2 | ) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
Decrease | (162.4 | ) |  | — |  |  | — |  |  | — |  |  | (162.4 | ) |
Income tax impact | — |  |  | — |  |  | — |  |  | — |  |  | — |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | (162.4 | ) |  | — |  |  | — |  |  | — |  |  | (162.4 | ) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 7.7 |  | (a) | — |  |  | — |  |  | 7.7 |  |
Income tax impact | — |  |  | (1.8 | ) |  | — |  |  | — |  |  | (1.8 | ) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 5.9 |  |  | — |  |  | — |  |  | 5.9 |  |
Net current period other comprehensive income (loss), net of income taxes | (162.4 | ) |  | 5.9 |  |  | — |  |  | — |  |  | (156.5 | ) |
Balance, September 28, 2018 | $ | (1,975.3 | ) |  | $ | (658.7 | ) |  | $ | (1.7 | ) |  | $ | — |  |  | $ | (2,635.7 | ) |
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 10 for additional details. (b) Accumulated other comprehensive income (loss) for the three-month period ended September 27, 2019 consists of $270.1 million of accumulated other comprehensive loss attributable to controlling interest and $1.2 million of accumulated other comprehensive loss attributable to noncontrolling interest.
| Foreign Currency Translation Adjustments |  | Pension & Postretirement Plan Benefit Adjustments |  | Unrealized Gain (Loss) on Available-For-Sale Securities Adjustments |  | Cash Flow Hedge Adjustments |  | Total |
For the Nine-Month Period Ended September 27, 2019: |  |  |
Balance, December 31, 2018 | $ | (2,098.1 | ) |  | $ | (691.1 | ) |  | $ | (1.9 | ) |  | $ | — |  |  | $ | (2,791.1 | ) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
(Decrease) increase | (286.0 | ) |  | — |  |  | 1.8 |  |  | (64.0 | ) |  | (348.2 | ) |
Income tax impact | (7.1 | ) |  | — |  |  | (0.4 | ) |  | 15.4 |  |  | 7.9 |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | (293.1 | ) |  | — |  |  | 1.4 |  |  | (48.6 | ) |  | (340.3 | ) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 20.7 |  | (a) | — |  |  | — |  |  | 20.7 |  |
Income tax impact | — |  |  | (4.9 | ) |  | — |  |  | — |  |  | (4.9 | ) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 15.8 |  |  | — |  |  | — |  |  | 15.8 |  |
Net current period other comprehensive income (loss), net of income taxes | (293.1 | ) |  | 15.8 |  |  | 1.4 |  |  | (48.6 | ) |  | (324.5 | ) | (b)
Balance, September 27, 2019 | $ | (2,391.2 | ) |  | $ | (675.3 | ) |  | $ | (0.5 | ) |  | $ | (48.6 | ) |  | (3,115.6 | ) |
Less: accumulated other comprehensive income attributable to noncontrolling interests |  | (27.3 | ) |
Accumulated other comprehensive income attributable to controlling interests |  | $ | (3,088.3 | ) |
For the Nine-Month Period Ended September 28, 2018: |  |  |
Balance, December 31, 2017 | $ | (1,422.1 | ) |  | $ | (571.2 | ) |  | $ | (0.9 | ) |  | $ | — |  |  | $ | (1,994.2 | ) |
Adoption of accounting standards | (43.8 | ) |  | (107.2 | ) |  | (0.2 | ) |  | — |  |  | (151.2 | ) |
Balance, January 1, 2018 | (1,465.9 | ) |  | (678.4 | ) |  | (1.1 | ) |  | — |  |  | (2,145.4 | ) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
Decrease | (509.4 | ) |  | — |  |  | (0.8 | ) |  | — |  |  | (510.2 | ) |
Income tax impact | — |  |  | — |  |  | 0.2 |  |  | — |  |  | 0.2 |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | (509.4 | ) |  | — |  |  | (0.6 | ) |  | — |  |  | (510.0 | ) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 25.8 |  | (a) | — |  |  | — |  |  | 25.8 |  |
Income tax impact | — |  |  | (6.1 | ) |  | — |  |  | — |  |  | (6.1 | ) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 19.7 |  |  | — |  |  | — |  |  | 19.7 |  |
Net current period other comprehensive income (loss), net of income taxes | (509.4 | ) |  | 19.7 |  |  | (0.6 | ) |  | — |  |  | (490.3 | ) |
Balance, September 28, 2018 | $ | (1,975.3 | ) |  | $ | (658.7 | ) |  | $ | (1.7 | ) |  | $ | — |  |  | $ | (2,635.7 | ) |
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Note 10 for additional details. (b) Accumulated other comprehensive income (loss) for the nine-month period ended September 27, 2019 consists of $323.3 million of accumulated other comprehensive loss attributable to controlling interest and $1.2 million of accumulated other comprehensive loss attributable to noncontrolling interest.

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration