XML 48 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity (Tables)
 3 Months Ended
Jul. 01, 2017
Equity [Abstract]  
Summary of Changes in Equity
A reconciliation of the beginning and ending amounts of equity is presented below:
 
 
Three Months Ended
 
 
 
July 1,
2017
 
July 2,
2016
 
 
 
(millions)
 
Balance at beginning of period
 
$
3,299.6

 
$
3,743.5

 
Comprehensive income (loss)
 
93.8

 
(33.2
)
 
Dividends declared
 
(40.6
)
 
(41.1
)
 
Repurchases of common stock, including shares surrendered for tax withholdings
 
(14.4
)
 
(114.9
)
(a) 
Stock-based compensation
 
21.6

 
17.7

 
Shares issued and tax benefits (shortfalls) recognized pursuant to stock-based compensation arrangements
 
0.1

 
(5.7
)
 
Balance at end of period
 
$
3,360.1

 
$
3,566.3

 

 
(a) 
Includes $10 million of Class A common stock delivered to the Company under its ASR Program (as defined below) during the second quarter of Fiscal 2017, which was recorded as a reduction to additional paid-in capital in the Company's consolidated balance sheet as of July 2, 2016.
Summary of Repurchased Common Stock
A summary of the Company's repurchases of Class A common stock under its common stock repurchase program, including the ASR Program, during the three-month periods ended July 1, 2017 and July 2, 2016 is as follows:
 
 
Three Months Ended
 
 
July 1,
2017
 
July 2,
2016(a)
 
 
(millions)
Cost of shares repurchased
 
$
—

 
$
90.0

Number of shares repurchased
 
0.0

 
0.9

 
(a) 
Excludes 0.1 million additional shares of Class A common stock delivered to the Company under its ASR Program during the second quarter of Fiscal 2017, which had an aggregate cost of $10 million.