Quarterly report pursuant to Section 13 or 15(d)

Comprehensive Income (Details)

v3.4.0.3
Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Comprehensive Income [Abstract]    
Net earnings $ 64.8 $ 57.0
Foreign currency cumulative translation adjustment 10.4 (17.1)
Net change in unamortized prior service credits (0.1) (0.2)
Net change in unamortized actuarial loss 2.5 3.7
Net change in unrealized derivative losses (4.6) 2.3
Total other comprehensive income (loss) 8.2 (11.3)
Comprehensive income 73.0 45.7
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Income Tax Expense (Benefit) 28.2 28.3
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]    
Accumulated other comprehensive loss, net of tax, Beginning balance (474.1) (480.5)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]    
Other comprehensive income (loss) before reclassifications 7.0 [1] (13.6) [2]
Amounts reclassified from Accumulated other comprehensive loss 1.2 [3] 2.3 [4]
Net current-period other comprehensive income (loss) 8.2 (11.3)
Accumulated other comprehensive loss, net of tax, Ending balance (465.9) (491.8)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent [Abstract]    
Foreign currency translation adjustments arising during period, tax effect 5.0 5.0
Net actuarial gains (losses) arising during period, tax effect (0.2) (0.4)
Gains (losses) on derivatives arising during period, tax effect 1.4 (1.0)
Income (Loss) from Continuing Operations Attributable to Parent 63.2 56.6
Foreign currency translation    
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]    
Accumulated other comprehensive loss, net of tax, Beginning balance (56.4) (14.5)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]    
Other comprehensive income (loss) before reclassifications 10.4 [1] (17.1) [2]
Amounts reclassified from Accumulated other comprehensive loss 0.0 [3] 0.0 [4]
Net current-period other comprehensive income (loss) 10.4 (17.1)
Accumulated other comprehensive loss, net of tax, Ending balance (46.0) (31.6)
Prior service credits    
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]    
Accumulated other comprehensive loss, net of tax, Beginning balance (4.7) (3.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]    
Other comprehensive income (loss) before reclassifications 0.0 [1] 0.0 [2]
Amounts reclassified from Accumulated other comprehensive loss (0.1) [3] (0.2) [4]
Net current-period other comprehensive income (loss) (0.1) (0.2)
Accumulated other comprehensive loss, net of tax, Ending balance (4.8) (4.1)
Net actuarial losses    
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]    
Accumulated other comprehensive loss, net of tax, Beginning balance (407.1) (456.6)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]    
Other comprehensive income (loss) before reclassifications (0.5) [1] 0.5 [2]
Amounts reclassified from Accumulated other comprehensive loss 3.0 [3] 3.2 [4]
Net current-period other comprehensive income (loss) 2.5 3.7
Accumulated other comprehensive loss, net of tax, Ending balance (404.6) (452.9)
Net derivative losses    
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]    
Accumulated other comprehensive loss, net of tax, Beginning balance (5.9) (5.5)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]    
Other comprehensive income (loss) before reclassifications (2.9) [1] 3.0 [2]
Amounts reclassified from Accumulated other comprehensive loss (1.7) [3] (0.7) [4]
Net current-period other comprehensive income (loss) (4.6) 2.3
Accumulated other comprehensive loss, net of tax, Ending balance (10.5) (3.2)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax [5] 0.2 0.3
Income Tax Expense (Benefit) (1.3) (1.9)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent [Abstract]    
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax [5] 4.4 5.2
Income (Loss) from Continuing Operations Attributable to Parent (2.9) (3.0)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Net derivative losses    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Income Tax Expense (Benefit) 0.7 0.1
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent [Abstract]    
Income (Loss) from Continuing Operations Attributable to Parent $ 1.7 $ 0.7
[1] The tax effects for the three months ended April 2, 2016 were $5.0 million for foreign currency translation, $(0.2) million for net actuarial losses arising during the period and $1.4 million for derivatives.
[2] The tax effects for the three months ended April 4, 2015 were $5.0 million for foreign currency translation, $(0.4) million for net actuarial losses arising during the period and $(1.0) million for derivatives.
[3] See the table below for the tax effects for the three months ended April 2, 2016.
[4] See the table below for the tax effects for the three months ended April 4, 2015.
[5] These Accumulated other comprehensive loss components are included in the computation of net pension and other benefit costs. See Note 15 – Pension and Other Postretirement Benefits for additional details.