XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.19.1

Accumulated Other Comprehensive Income (Loss) | 3 Months Ended
--- | ---
Mar. 30, 2019
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) AOCI represents net earnings and any revenue, expenses, gains and losses that, under U.S. GAAP, are excluded from net earnings and recognized directly as a component of stockholders’ equity. The change in accumulated other comprehensive income (loss) during the quarters ended March 30, 2019 and March 31, 2018 is as follows:
(In millions) | Foreign currency translation adjustments |  | Derivatives |  | Pension adjustments |  | Total
Balance of AOCI as of December 30, 2017 | $ | (32.7 | ) |  | $ | (13.9 | ) |  | $ | (28.6 | ) |  | $ | (75.2 | )
Other comprehensive income (loss) before reclassifications (1) | (0.2 | ) |  | (3.2 | ) |  | — |  |  | (3.4 | )
Amounts reclassified from AOCI | — |  |  | 2.7 |  | (2) | 0.8 |  | (3) | 3.5 |
Income tax expense (benefit) | — |  |  | (0.8 | ) |  | (0.1 | ) |  | (0.9 | )
Net reclassifications | — |  |  | 1.9 |  |  | 0.7 |  |  | 2.6 |
Net current-period other comprehensive income (loss) (1) | (0.2 | ) |  | (1.3 | ) |  | 0.7 |  |  | (0.8 | )
Reclassifications to retained earnings (4) | $ | — |  |  | $ | (2.1 | ) |  | $ | (6.0 | ) |  | $ | (8.1 | )
Balance of AOCI as of March 31, 2018 | $ | (32.9 | ) |  | $ | (17.3 | ) |  | $ | (33.9 | ) |  | $ | (84.1 | )
Balance of AOCI as of December 29, 2018 | $ | (53.0 | ) |  | $ | 0.9 |  |  | $ | (36.2 | ) |  | $ | (88.3 | )
Other comprehensive income (loss) before reclassifications (1) | 2.4 |  |  | 1.3 |  |  | — |  |  | 3.7 |
Amounts reclassified from AOCI | — |  |  | (1.8 | ) | (2) | 0.6 |  | (3) | (1.2 | )
Income tax expense (benefit) | — |  |  | 0.2 |  |  | (0.1 | ) |  | 0.1 |
Net reclassifications | — |  |  | (1.6 | ) |  | 0.5 |  |  | (1.1 | )
Net current-period other comprehensive income (loss) (1) | 2.4 |  |  | (0.3 | ) |  | 0.5 |  |  | 2.6 |
Balance of AOCI as of March 30, 2019 | $ | (50.6 | ) |  | $ | 0.6 |  |  | $ | (35.7 | ) |  | $ | (85.7 | )
(1) | Other comprehensive income (loss) is reported net of taxes and noncontrolling interest.
(2) | Amounts related to foreign currency derivatives are included in cost of goods sold. Amounts related to interest rate swaps and the cross-currency swap are included in interest expense.
(3) | Amounts reclassified are included in the computation of net pension expense.
(4) | Amounts reclassified to retained earnings upon adoption of ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities and ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration