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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Apr. 01, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents OCI activity, net of tax, which is accumulated in equity:
 
 
Foreign Currency Translation Gains (Losses)(a)
 
Net Unrealized Gains (Losses) on Cash Flow Hedges(b)
 
Net Unrealized Gains (Losses) on Defined Benefit Plans(c)
 
Total Accumulated Other Comprehensive Income (Loss)
 
 
(millions)
Balance at March 29, 2014
 
$
124.5

 
$
(4.3
)
 
$
(7.0
)
 
$
113.2

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
OCI before reclassifications
 
(318.5
)
 
62.4

 
(8.2
)
 
(264.3
)
Amounts reclassified from AOCI to earnings
 

 
(14.9
)
 
0.4

 
(14.5
)
Other comprehensive income (loss), net of tax
 
(318.5
)
 
47.5

 
(7.8
)
 
(278.8
)
Balance at March 28, 2015
 
(194.0
)
 
43.2

 
(14.8
)
 
(165.6
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
OCI before reclassifications
 
36.4

 
(18.8
)
 
1.4

 
19.0

Amounts reclassified from AOCI to earnings
 

 
(36.4
)
 
1.5

 
(34.9
)
Other comprehensive income (loss), net of tax
 
36.4

 
(55.2
)
 
2.9

 
(15.9
)
Balance at April 2, 2016
 
(157.6
)
 
(12.0
)
 
(11.9
)
 
(181.5
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
OCI before reclassifications
 
(48.6
)
 
28.2

 
1.8

 
(18.6
)
Amounts reclassified from AOCI to earnings
 

 
(1.6
)
 
3.3

 
1.7

Other comprehensive income (loss), net of tax
 
(48.6
)
 
26.6

 
5.1

 
(16.9
)
Balance at April 1, 2017
 
$
(206.2
)
 
$
14.6

 
$
(6.8
)
 
$
(198.4
)
 
(a) 
OCI before reclassifications to earnings related to foreign currency translation gains (losses) includes an income tax provision of $15.0 million for Fiscal 2017, and includes income tax benefits of $10.7 million and $4.5 million for Fiscal 2016 and Fiscal 2015, respectively. OCI before reclassifications to earnings for Fiscal 2017 and Fiscal 2016 include a gain of $23.4 million (net of a $14.3 million income tax provision) and a loss of $17.4 million (net of an $11.0 million income tax benefit), respectively, related to the effective portion of changes in the fair values of the Cross-Currency Swaps designated as hedges of the Company's net investment in certain of its European subsidiaries (see Note 14).
(b) 
OCI before reclassifications to earnings related to net unrealized gains (losses) on cash flow hedges is net of income tax provisions of $2.2 million and $5.8 million for Fiscal 2017 and Fiscal 2015, respectively, and is net of an income tax benefit of $1.7 million for Fiscal 2016. The tax effects on amounts reclassified from AOCI to earnings are presented in a table below.
(c) 
OCI before reclassifications to earnings related to net unrealized gains (losses) on defined benefit plans is net of an income tax benefit of $0.9 million for Fiscal 2015. The tax effects for both Fiscal 2017 and Fiscal 2016 were not material. The tax effects on amounts reclassified from AOCI to earnings were not material for any period presented.
Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents reclassifications from AOCI to earnings for cash flow hedges, by component:
 
 
Fiscal Years Ended
 
 
 
 
April 1,
2017
 
April 2,
2016
 
March 28,
2015
 
Location of Gains (Losses)
Reclassified from AOCI to Earnings
 
 
(millions)
 
 
Gains (losses) on cash flow hedges(a):
 
 
 
 
 
 
 
 
    FC — Cash flow hedges
 
$
0.5

 
$
43.7

 
$
3.0

 
Cost of goods sold
    FC — Cash flow hedges
 
0.5

 
(4.7
)
 
14.4

 
Foreign currency gains (losses)
    Tax effect
 
0.6

 
(2.6
)
 
(2.5
)
 
Income tax benefit (provision)
Net of tax
 
$
1.6

 
$
36.4

 
$
14.9

 
 
 
(a)
FC = Forward foreign currency exchange contracts.