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Comprehensive Income and Equity (Tables) | 3 Months Ended
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Mar. 30, 2019
Equity [Abstract] |
Summary of Changes, Net of Tax, in Accumulated Other Comprehensive Loss | A summary of changes, net of tax, in accumulated other comprehensive loss for the three months ended March 30, 2019, is shown below (in millions):
| Three Months Ended March 30, 2019
Defined benefit plans: |
Balance at beginning of period | $ | (172.8 | )
Reclassification adjustments (net of tax expense of $0.4 million) | 1.6 |
Other comprehensive loss recognized during the period (net of tax impact of $— million) | (1.3 | )
Balance at end of period | $ | (172.5 | )
Derivative instruments and hedging: |
Balance at beginning of period | $ | (9.7 | )
Reclassification adjustments (net of tax benefit of $2.1 million) | (7.1 | )
Other comprehensive income recognized during the period (net of tax expense of $2.3 million) | 7.8 |
Balance at end of period | $ | (9.0 | )
Foreign currency translation: |
Balance at beginning of period | $ | (523.3 | )
Other comprehensive loss recognized during the period (net of tax impact of $— million) | (6.7 | )
Balance at end of period | $ | (530.0 | )
Total accumulated other comprehensive loss | $ | (711.5 | )
A summary of changes, net of tax, in accumulated other comprehensive loss for the three months ended March 31, 2018, is shown below (in millions):
| Three Months Ended March 31, 2018
Defined benefit plans: |
Balance at beginning of period | $ | (184.0 | )
Reclassification adjustments (net of tax expense of $0.3 million) | 1.3 |
Other comprehensive income recognized during the period (net of tax impact of $— million) | 1.0 |
Balance at end of period | $ | (181.7 | )
Derivative instruments and hedging: |
Balance at beginning of period | $ | (22.9 | )
Reclassification adjustments (net of tax benefit of $0.7 million) | (2.4 | )
Other comprehensive income recognized during the period (net of tax expense of $11.0 million) | 39.8 |
Balance at end of period | $ | 14.5 |
Foreign currency translation: |
Balance at beginning of period | $ | (306.5 | )
Other comprehensive income recognized during the period (net of tax impact of $— million) | 92.9 |
Balance at end of period | $ | (213.6 | )
Total accumulated other comprehensive loss | $ | (380.8 | )
Common Stock Repurchase Program | Share repurchases in the first three months of 2019 are shown below (in millions except for shares and per share amounts):
Three Months Ended |  | As of
March 30, 2019 |  | March 30, 2019
Aggregate Repurchases (1) |  | Cash paid for Repurchases |  | Number of Shares |  | Average Price per Share (2) |  | Remaining Purchase Authorization
$ | 117.9 |  |  | $ | 122.2 |  |  | 804,270 |  | $ | 146.56 |  |  | $ | 1,465.2 |
(1) Includes $83.0 million of repurchases made prior to the increased authorization (2) Excludes commissions
Dividends Declared and Paid | Dividends declared and paid are shown below (in millions):
| Three Months Ended
| March 30, 2019 |  | March 31, 2018
Dividends declared | $ | 47.7 |  |  | $ | 47.7 |
Dividends paid | 49.5 |  |  | 50.7 |

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