Financial Instruments (Tables)

9 Months Ended

Sep. 26, 2015

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Fair Value of Outstanding Foreign Currency Derivative Contracts and Related Classification

The fair value of outstanding foreign currency derivative contracts and the related classification in the accompanying condensed consolidated balance sheets as of September 26, 2015 and December 31, 2014, are shown below (in millions):



	September 26, 2015			December 31, 2014
Contracts qualifying for hedge accounting:
Other current assets	$	9.3		$	6.8
Other long-term assets	0.7			0.1
Other current liabilities	(54.4		)	(38.5		)
Other long-term liabilities	(12.3		)	(6.1		)
	(56.7		)	(37.7		)
Contracts not qualifying for hedge accounting:
Other current assets	4.2			2.1
Other current liabilities	(2.4		)	(1.0		)
	1.8			1.1

	$	(54.9	)	$	(36.6	)

Fair Value Measurements and Related Valuation Techniques and Fair Value Hierarchy Level

Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured at fair value on a recurring basis as of September 26, 2015 and December 31, 2014, are shown below (in millions):



	September 26, 2015
	Frequency	Asset (Liability)			Valuation Technique	Level 1		Level 2			Level 3
Foreign currency derivative contracts, net	Recurring	$	(54.9	)	Market/ Income	$	—	$	(54.9	)	$	—



	December 31, 2014
	Frequency	Asset (Liability)			Valuation Technique	Level 1		Level 2			Level 3
Foreign currency derivative contracts, net	Recurring	$	(36.6	)	Market/ Income	$	—	$	(36.6	)	$	—

Foreign exchange contract

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Pretax Amounts Related to Derivative Contracts

Pretax amounts related to foreign currency derivative contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions):



	Three Months Ended						Nine Months Ended
	September 26, 2015			September 27, 2014			September 26, 2015			September 27, 2014
Contracts qualifying for hedge accounting:
(Losses) gains recognized in accumulated other comprehensive loss	$	(34.2	)	$	(7.7	)	$	(43.4	)	$	2.8
Losses (gains) reclassified from accumulated other comprehensive loss	12.5			(3.2		)	24.4			(7.7		)
Comprehensive loss	$	(21.7	)	$	(10.9	)	$	(19.0	)	$	(4.9	)