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EQUITY AND STOCK-BASED COMPENSATION (Details 4) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Amounts reclassified from each component of accumulated comprehensive loss        
Cost of products sold $ 839.6 $ 831.8 $ 1,610.3 $ 1,629.2
Revenues (1,179.7) (1,161.9) (2,249.1) (2,252.4)
Other income (expense), net 1.2 2.3 (489.4) 0.1
Selling, general and administrative 242.2 233.1 507.8 485.8
Pre-tax (70.4) (53.2) (526.5) (67.4)
Income taxes 16.9 14.0 176.6 13.6
Net income (50.0) (47.2) (367.8) (57.2)
(Gains) losses on qualifying cash flow hedges | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive loss        
Pre-tax 0.1 0.1 0.2 0.7
Income taxes       (0.2)
Net income 0.1 0.1 0.2 0.5
(Gains) losses on qualifying cash flow hedges | Commodity contracts | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive loss        
Cost of products sold 0.1 (0.1) 0.2 (0.1)
(Gains) losses on qualifying cash flow hedges | FX forward contracts | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive loss        
Revenues   0.2   0.8
Loss on available-for-sale securities | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive loss        
Other income (expense), net 0.4   0.1  
(Gains) losses on pension and postretirement items | Amount Reclassified from AOCI
       
Amounts reclassified from each component of accumulated comprehensive loss        
Other income (expense), net     7.4  
Selling, general and administrative (0.1) (0.3) (0.1) (0.7)
Pre-tax (0.1) (0.3) 7.3 (0.7)
Income taxes   0.1 (2.4) 0.2
Net income $ (0.1) $ (0.2) $ 4.9 $ (0.5)