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General (Tables) | 9 Months Ended
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Oct. 02, 2020
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 income 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 October 2, 2020: |  |  |  |  |  |  |  |  |  |
Balance, July 3, 2020 | $ | (1,250.5) |  |  | $ | (765.4) |  |  | $ | 0.3 |  |  | $ | 152.5 |  |  | $ | (1,863.1) |  |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
Increase (decrease) | 908.9 |  |  | — |  |  | — |  |  | (304.9) |  |  | 604.0 |  |
Income tax impact | 13.9 |  |  | — |  |  | — |  |  | 47.8 |  |  | 61.7 |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | 922.8 |  |  | — |  |  | — |  |  | (257.1) |  |  | 665.7 |  |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 11.6 |  | (a) | — |  |  | 167.5 |  | (b) | 179.1 |  |
Income tax impact | — |  |  | (2.7) |  |  | — |  |  | (0.1) |  |  | (2.8) |  |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 8.9 |  |  | — |  |  | 167.4 |  |  | 176.3 |  |
Net current period other comprehensive income (loss), net of income taxes | 922.8 |  |  | 8.9 |  |  | — |  |  | (89.7) |  |  | 842.0 |  |
Balance, October 2, 2020 | $ | (327.7) |  |  | $ | (756.5) |  |  | $ | 0.3 |  |  | $ | 62.8 |  |  | $ | (1,021.1) |  |
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) |  | (c)
Balance, September 27, 2019 | $ | (2,391.2) |  |  | $ | (675.3) |  |  | $ | (0.5) |  |  | $ | (48.6) |  |  | (3,115.6) |  |
Less: accumulated other comprehensive income attributable to noncontrolling interest |  |  |  |  |  |  |  |  | (27.3) |  |
Accumulated other comprehensive income attributable to controlling interest |  |  |  |  |  |  |  |  | $ | (3,088.3) |  |
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Notes 9 and 11 for additional details. (b) Reflects reclassification to earnings related to hedges of certain long-term debt (refer to Note 8 for additional details). (c) 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 October 2, 2020: |  |  |  |  |  |  |  |  |  |
Balance, December 31, 2019 | $ | (2,173.3) |  |  | $ | (781.5) |  |  | $ | (0.7) |  |  | $ | (112.8) |  |  | $ | (3,068.3) |  |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |  |
Increase (decrease) | 1,848.0 |  |  | — |  |  | 1.2 |  |  | (8.4) |  |  | 1,840.8 |  |
Income tax impact | (2.4) |  |  | — |  |  | (0.2) |  |  | 3.3 |  |  | 0.7 |  |
Other comprehensive income (loss) before reclassifications, net of income taxes | 1,845.6 |  |  | — |  |  | 1.0 |  |  | (5.1) |  |  | 1,841.5 |  |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Increase | — |  |  | 32.8 |  | (a) | — |  |  | 184.5 |  | (b) | 217.3 |  |
Income tax impact | — |  |  | (7.8) |  |  | — |  |  | (3.8) |  |  | (11.6) |  |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 25.0 |  |  | — |  |  | 180.7 |  |  | 205.7 |  |
Net current period other comprehensive income (loss), net of income taxes | 1,845.6 |  |  | 25.0 |  |  | 1.0 |  |  | 175.6 |  |  | 2,047.2 |  |
Balance, October 2, 2020 | $ | (327.7) |  |  | $ | (756.5) |  |  | $ | 0.3 |  |  | $ | 62.8 |  |  | $ | (1,021.1) |  |
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) |  | (c)
Balance, September 27, 2019 | $ | (2,391.2) |  |  | $ | (675.3) |  |  | $ | (0.5) |  |  | $ | (48.6) |  |  | (3,115.6) |  |
Less: accumulated other comprehensive income attributable to noncontrolling interest |  |  |  |  |  |  |  |  | (27.3) |  |
Accumulated other comprehensive income attributable to controlling interest |  |  |  |  |  |  |  |  | $ | (3,088.3) |  |
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost. Refer to Notes 9 and 11 for additional details. (b) Reflects reclassification to earnings related to hedges of certain long-term debt (refer to Note 8 for additional details). (c) 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.

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