Supplemental Guarantor and Parent Company Condensed Financial Information (Tables)
 6 Months Ended
Jun. 28, 2013
Quarterly Financial Information Disclosure [Abstract]  
Condensed Statements Of Operations


Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 28, 2013
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
584.9

 
$
1,074.2

 
$
—

 
$
1,659.1

Intercompany
15.7

 
70.9

 
72.2

 
(158.8
)
 
—

 
15.7

 
655.8

 
1,146.4

 
(158.8
)
 
1,659.1

Cost of sales
—

 
572.9

 
1,036.5

 
(143.1
)
 
1,466.3

Gross profit
15.7

 
82.9

 
109.9

 
(15.7
)
 
192.8

Selling, general and administrative expenses
12.7

 
49.6

 
75.4

 
(15.7
)
 
122.0

Operating income
3.0

 
33.3

 
34.5

 
—

 
70.8

Other income (expense)
—

 
(5.7
)
 
(9.9
)
 
—

 
(15.6
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(21.4
)
 
(28.1
)
 
(11.7
)
 
30.6

 
(30.6
)
Interest income
26.7

 
3.9

 
1.5

 
(30.6
)
 
1.5

 
5.3

 
(24.2
)
 
(10.2
)
 
—

 
(29.1
)
Income (loss) before income taxes
8.3

 
3.4

 
14.4

 
—

 
26.1

Income tax (provision) benefit
(3.1
)
 
(6.5
)
 
(7.9
)
 
—

 
(17.5
)
Equity in net earnings of affiliated companies and subsidiaries
3.1

 
6.2

 
0.2

 
(9.1
)
 
0.4

Net income (loss) including non-controlling interest
8.3

 
3.1

 
6.7

 
(9.1
)
 
9.0

Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
0.7

 
—

 
0.7

Net income (loss) attributable to Company common shareholders
$
8.2

 
$
3.1

 
$
6.0

 
$
(9.1
)
 
$
8.2

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
8.3

 
$
3.1

 
$
6.7

 
$
(9.1
)
 
$
9.0

Currency translation gain (loss)
(32.0
)
 
(32.0
)
 
(46.0
)
 
70.3

 
(39.7
)
Defined benefit plan adjustments, net of tax
0.6

 
0.6

 
0.6

 
(1.1
)
 
0.7

Change in fair value of derivatives, net of tax
0.8

 
0.8

 
—

 
(0.9
)
 
0.7

Comprehensive income (loss), net of tax
(22.3
)
 
(27.5
)
 
(38.7
)
 
59.2

 
(29.3
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(7.0
)
 
—

 
(7.0
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(22.3
)
 
$
(27.5
)
 
$
(31.7
)
 
$
59.2

 
$
(22.3
)










Condensed Statements of Operations and Comprehensive Income (Loss) Information
Six Fiscal Months Ended June 28, 2013
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
1,195.1

 
$
2,007.7

 
$
—

 
$
3,202.8

Intercompany
29.5

 
113.1

 
175.6

 
(318.2
)
 
—

 
29.5

 
1,308.2

 
2,183.3

 
(318.2
)
 
3,202.8

Cost of sales
—

 
1,147.3

 
1,994.5

 
(288.7
)
 
2,853.1

Gross profit
29.5

 
160.9

 
188.8

 
(29.5
)
 
349.7

Selling, general and administrative expenses
23.6

 
99.3

 
152.7

 
(29.5
)
 
246.1

Operating income
5.9

 
61.6

 
36.1

 
—

 
103.6

Other income (expense)
—

 
(7.0
)
 
(61.3
)
 
—

 
(68.3
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(42.3
)
 
(55.0
)
 
(23.0
)
 
60.2

 
(60.1
)
Interest income
52.6

 
7.4

 
3.2

 
(60.2
)
 
3.0

 
10.3

 
(47.6
)
 
(19.8
)
 
—

 
(57.1
)
Income (loss) before income taxes
16.2

 
7.0

 
(45.0
)
 
—

 
(21.8
)
Income tax (provision) benefit
(6.1
)
 
(8.5
)
 
0.9

 
—

 
(13.7
)
Equity in net earnings of affiliated companies and subsidiaries
(47.5
)
 
(46.0
)
 
0.3

 
93.8

 
0.6

Net income (loss) including non-controlling interest
(37.4
)
 
(47.5
)
 
(43.8
)
 
93.8

 
(34.9
)
Less: preferred stock dividends
0.2

 
—

 
—

 
—

 
0.2

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
2.5

 
—

 
2.5

Net income (loss) attributable to Company common shareholders
$
(37.6
)
 
$
(47.5
)
 
$
(46.3
)
 
$
93.8

 
$
(37.6
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(37.4
)
 
$
(47.5
)
 
$
(43.8
)
 
$
93.8

 
$
(34.9
)
Currency translation gain (loss)
(36.2
)
 
(36.2
)
 
(40.3
)
 
69.4

 
(43.3
)
Defined benefit plan adjustments, net of tax
3.3

 
3.3

 
0.9

 
(4.1
)
 
3.4

Change in fair value of derivatives, net of tax
0.2

 
0.2

 
—

 
(0.2
)
 
0.2

Comprehensive income (loss), net of tax
(70.1
)
 
(80.2
)
 
(83.2
)
 
158.9

 
(74.6
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(4.5
)
 
—

 
(4.5
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(70.1
)
 
$
(80.2
)
 
$
(78.7
)
 
$
158.9

 
$
(70.1
)


Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 29, 2012 - As Originally Filed
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
535.5

 
$
942.6

 
$
—

 
$
1,478.1

Intercompany
21.6

 
—

 
11.5

 
(33.1
)
 
—

 
21.6

 
535.5

 
954.1

 
(33.1
)
 
1,478.1

Cost of sales
—

 
462.5

 
850.1

 
(11.5
)
 
1,301.1

Gross profit
21.6

 
73.0

 
104.0

 
(21.6
)
 
177.0

Selling, general and administrative expenses
11.4

 
40.4

 
74.2

 
(21.6
)
 
104.4

Operating income
10.2

 
32.6

 
29.8

 
—

 
72.6

Other income (expense)
—

 
(1.2
)
 
(12.3
)
 
—

 
(13.5
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(16.1
)
 
(22.8
)
 
(11.6
)
 
25.3

 
(25.2
)
Interest income
21.9

 
3.1

 
1.9

 
(25.3
)
 
1.6

 
5.8

 
(19.7
)
 
(9.7
)
 
—

 
(23.6
)
Income (loss) before income taxes
16.0

 
11.7

 
7.8

 
—

 
35.5

Income tax (provision) benefit
(5.6
)
 
(3.7
)
 
(2.7
)
 
—

 
(12.0
)
Equity in net earnings of affiliated companies and subsidiaries
11.5

 
3.5

 
—

 
(14.5
)
 
0.5

Net income (loss) including non-controlling interest
21.9

 
11.5

 
5.1

 
(14.5
)
 
24.0

Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
2.1

 
—

 
2.1

Net income (loss) attributable to Company common shareholders
$
21.8

 
$
11.5

 
$
3.0

 
$
(14.5
)
 
$
21.8

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
21.9

 
$
11.5

 
$
5.1

 
$
(14.5
)
 
$
24.0

Currency translation gain (loss)
(0.5
)
 
(5.4
)
 
(58.3
)
 
—

 
(64.2
)
Defined benefit plan adjustments, net of tax
—

 
—

 
(2.1
)
 
—

 
(2.1
)
Change in fair value of derivatives, net of tax
—

 
(1.2
)
 
(2.2
)
 
—

 
(3.4
)
Comprehensive income (loss), net of tax
21.4

 
4.9

 
(57.5
)
 
(14.5
)
 
(45.7
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(0.7
)
 
—

 
(0.7
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
21.4

 
$
4.9

 
$
(56.8
)
 
$
(14.5
)
 
$
(45.0
)
Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 29, 2012 - Effect of Restatement #1
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Intercompany
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Cost of sales
—

 
—

 
3.5

 
—

 
3.5

Gross profit
—

 
—

 
(3.5
)
 
—

 
(3.5
)
Selling, general and administrative expenses
—

 
—

 
—

 
—

 
—

Operating income
—

 
—

 
(3.5
)
 
—

 
(3.5
)
Other income (expense)
—

 
—

 
—

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
—

 
—

 
—

Interest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Income (loss) before income taxes
—

 
—

 
(3.5
)
 
—

 
(3.5
)
Income tax (provision) benefit
—

 
—

 
0.5

 
—

 
0.5

Equity in net earnings of affiliated companies and subsidiaries
(3.0
)
 
(3.0
)
 
—

 
6.0

 
—

Net income (loss) including non-controlling interest
(3.0
)
 
(3.0
)
 
(3.0
)
 
6.0

 
(3.0
)
Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
—

 
—

 
—

Net income (loss) attributable to Company common shareholders
$
(3.0
)
 
$
(3.0
)
 
$
(3.0
)
 
$
6.0

 
$
(3.0
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(3.0
)
 
$
(3.0
)
 
$
(3.0
)
 
$
6.0

 
$
(3.0
)
Currency translation gain (loss)
—

 
—

 
4.1

 
—

 
4.1

Defined benefit plan adjustments, net of tax
—

 
—

 
—

 
—

 
—

Change in fair value of derivatives, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss), net of tax
(3.0
)
 
(3.0
)
 
1.1

 
6.0

 
1.1

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(3.0
)
 
$
(3.0
)
 
$
1.1

 
$
6.0

 
$
1.1

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 29, 2012 - Effect of Recast
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
(51.6
)
 
$
51.6

 
$
—

 
$
—

Intercompany
—

 
32.8

 
43.8

 
(76.6
)
 
—

 
—

 
(18.8
)
 
95.4

 
(76.6
)
 
—

Cost of sales
—

 
(15.1
)
 
91.7

 
(76.6
)
 
—

Gross profit
—

 
(3.7
)
 
3.7

 
—

 
—

Selling, general and administrative expenses
—

 
(2.8
)
 
2.8

 
—

 
—

Operating income
—

 
(0.9
)
 
0.9

 
—

 
—

Other income (expense)
—

 
0.7

 
(0.7
)
 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
0.2

 
(0.9
)
 
0.7

 
—

Interest income
—

 
0.7

 
—

 
(0.7
)
 
—

 
—

 
0.9

 
(0.9
)
 
—

 
—

Income (loss) before income taxes
—

 
0.7

 
(0.7
)
 
—

 
—

Income tax (provision) benefit
—

 
(0.2
)
 
0.2

 
—

 
—

Equity in net earnings of affiliated companies and subsidiaries
—

 
(0.5
)
 
0.4

 
0.1

 
—

Net income (loss) including non-controlling interest
—

 
—

 
(0.1
)
 
0.1

 
—

Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
—

 
—

 
—

Net income (loss) attributable to Company common shareholders
$
—

 
$
—

 
$
(0.1
)
 
$
0.1

 
$
—

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
—

 
$
—

 
$
(0.1
)
 
$
0.1

 
$
—

Currency translation gain (loss)
—

 
(8.8
)
 
8.8

 
—

 
—

Defined benefit plan adjustments, net of tax
—

 
—

 
—

 
—

 
—

Change in fair value of derivatives, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss), net of tax
—

 
(8.8
)
 
8.7

 
0.1

 
—

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
—

 
$
(8.8
)
 
$
8.7

 
$
0.1

 
$
—

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 29, 2012 - Effect of Restatement #2
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
—

 
$
(2.9
)
 
$
—

 
$
(2.9
)
Intercompany
—

 
—

 
—

 
—

 
—

 
—

 
—

 
(2.9
)
 
—

 
(2.9
)
Cost of sales
—

 
—

 
(3.1
)
 
—

 
(3.1
)
Gross profit
—

 
—

 
0.2

 
—

 
0.2

Selling, general and administrative expenses
—

 
—

 
1.7

 
—

 
1.7

Operating income
—

 
—

 
(1.5
)
 
—

 
(1.5
)
Other income (expense)
—

 
—

 
—

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
—

 
—

 
—

Interest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Income (loss) before income taxes
—

 
—

 
(1.5
)
 
—

 
(1.5
)
Income tax (provision) benefit
—

 
—

 
0.3

 
—

 
0.3

Equity in net earnings of affiliated companies and subsidiaries
(1.1
)
 
(1.1
)
 
—

 
2.2

 
—

Net income (loss) including non-controlling interest
(1.1
)
 
(1.1
)
 
(1.2
)
 
2.2

 
(1.2
)
Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Net income (loss) attributable to Company common shareholders
$
(1.1
)
 
$
(1.1
)
 
$
(1.1
)
 
$
2.2

 
$
(1.1
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(1.1
)
 
$
(1.1
)
 
$
(1.2
)
 
$
2.2

 
$
(1.2
)
Currency translation gain (loss)
(55.1
)
 
(40.9
)
 
1.6

 
96.0

 
1.6

Defined benefit plan adjustments, net of tax
(2.2
)
 
(2.2
)
 
—

 
4.4

 
—

Change in fair value of derivatives, net of tax
(3.4
)
 
(2.2
)
 
—

 
5.6

 
—

Comprehensive income (loss), net of tax
(61.8
)
 
(46.4
)
 
0.4

 
108.2

 
0.4

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(61.8
)
 
$
(46.4
)
 
$
0.5

 
$
108.2

 
$
0.5

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 29, 2012 - As Restated and Recast
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
483.9

 
$
991.3

 
$
—

 
$
1,475.2

Intercompany
21.6

 
32.8

 
55.3

 
(109.7
)
 
—

 
21.6

 
516.7

 
1,046.6

 
(109.7
)
 
1,475.2

Cost of sales
—

 
447.4

 
942.2

 
(88.1
)
 
1,301.5

Gross profit
21.6

 
69.3

 
104.4

 
(21.6
)
 
173.7

Selling, general and administrative expenses
11.4

 
37.6

 
78.7

 
(21.6
)
 
106.1

Operating income
10.2

 
31.7

 
25.7

 
—

 
67.6

Other income (expense)
—

 
(0.5
)
 
(13.0
)
 
—

 
(13.5
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(16.1
)
 
(22.6
)
 
(12.5
)
 
26.0

 
(25.2
)
Interest income
21.9

 
3.8

 
1.9

 
(26.0
)
 
1.6

 
5.8

 
(18.8
)
 
(10.6
)
 
—

 
(23.6
)
Income (loss) before income taxes
16.0

 
12.4

 
2.1

 
—

 
30.5

Income tax (provision) benefit
(5.6
)
 
(3.9
)
 
(1.7
)
 
—

 
(11.2
)
Equity in net earnings of affiliated companies and subsidiaries
7.4

 
(1.1
)
 
0.4

 
(6.2
)
 
0.5

Net income (loss) including non-controlling interest
17.8

 
7.4

 
0.8

 
(6.2
)
 
19.8

Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
2.0

 
—

 
2.0

Net income (loss) attributable to Company common shareholders
$
17.7

 
$
7.4

 
$
(1.2
)
 
$
(6.2
)
 
$
17.7

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
17.8

 
$
7.4

 
$
0.8

 
$
(6.2
)
 
$
19.8

Currency translation gain (loss)
(55.6
)
 
(55.1
)
 
(43.8
)
 
96.0

 
(58.5
)
Defined benefit plan adjustments, net of tax
(2.2
)
 
(2.2
)
 
(2.1
)
 
4.4

 
(2.1
)
Change in fair value of derivatives, net of tax
(3.4
)
 
(3.4
)
 
(2.2
)
 
5.6

 
(3.4
)
Comprehensive income (loss), net of tax
(43.4
)
 
(53.3
)
 
(47.3
)
 
99.8

 
(44.2
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(0.8
)
 
—

 
(0.8
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(43.4
)
 
$
(53.3
)
 
$
(46.5
)
 
$
99.8

 
$
(43.4
)

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Six Fiscal Months Ended June 29, 2012 - As Originally Filed
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
1,066.8

 
$
1,843.8

 
$
—

 
$
2,910.6

Intercompany
28.9

 
—

 
23.1

 
(52.0
)
 
—

 
28.9

 
1,066.8

 
1,866.9

 
(52.0
)
 
2,910.6

Cost of sales
—

 
928.3

 
1,681.2

 
(23.1
)
 
2,586.4

Gross profit
28.9

 
138.5

 
185.7

 
(28.9
)
 
324.2

Selling, general and administrative expenses
23.1

 
71.6

 
132.4

 
(28.9
)
 
198.2

Operating income
5.8

 
66.9

 
53.3

 
—

 
126.0

Other income (expense)
—

 
(0.8
)
 
(5.9
)
 
—

 
(6.7
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(31.9
)
 
(45.9
)
 
(22.8
)
 
50.7

 
(49.9
)
Interest income
43.9

 
6.3

 
3.8

 
(50.7
)
 
3.3

 
12.0

 
(39.6
)
 
(19.0
)
 
—

 
(46.6
)
Income (loss) before income taxes
17.8

 
26.5

 
28.4

 
—

 
72.7

Income tax (provision) benefit
(6.4
)
 
(10.9
)
 
(5.6
)
 
—

 
(22.9
)
Equity in net earnings of affiliated companies and subsidiaries
35.5

 
19.9

 
—

 
(54.9
)
 
0.5

Net income (loss) including non-controlling interest
46.9

 
35.5

 
22.8

 
(54.9
)
 
50.3

Less: preferred stock dividends
0.2

 
—

 
—

 
—

 
0.2

Less: net income (loss) attributable to non-controlling interest
—

 
—

 
3.4

 
—

 
3.4

Net income (loss) attributable to Company common shareholders
$
46.7

 
$
35.5

 
$
19.4

 
$
(54.9
)
 
$
46.7

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
46.9

 
$
35.5

 
$
22.8

 
$
(54.9
)
 
$
50.3

Currency translation gain (loss)
0.2

 
(6.1
)
 
(14.2
)
 
—

 
(20.1
)
Defined benefit plan adjustments, net of tax
—

 
—

 
(2.1
)
 
—

 
(2.1
)
Change in fair value of derivatives, net of tax
—

 
1.3

 
1.3

 
—

 
2.6

Comprehensive income (loss), net of tax
47.1

 
30.7

 
7.8

 
(54.9
)
 
30.7

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
3.7

 
—

 
3.7

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
47.1

 
$
30.7

 
$
4.1

 
$
(54.9
)
 
$
27.0
Condensed Balance Sheets
Condensed Balance Sheets Information
June 28, 2013
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
0.1

 
$
27.0

 
$
416.7

 
$
—

 
$
443.8

Receivables, net of allowances
—

 
310.0

 
945.2

 
—

 
1,255.2

Inventories, net
—

 
459.1

 
868.1

 
—

 
1,327.2

Deferred income taxes
—

 
23.0

 
17.6

 
—

 
40.6

Prepaid expenses and other
2.1

 
18.7

 
111.4

 
—

 
132.2

Total current assets
2.2

 
837.8

 
2,359.0

 
—

 
3,199.0

Property, plant and equipment, net
0.4

 
233.2

 
895.8

 
—

 
1,129.4

Deferred income taxes
—

 
—

 
16.2

 
—

 
16.2

Intercompany accounts
1,640.8

 
498.3

 
14.5

 
(2,153.6
)
 
—

Investment in subsidiaries
1,006.5

 
1,335.5

 
—

 
(2,342.0
)
 
—

Goodwill
—

 
13.8

 
175.1

 
—

 
188.9

Intangible assets, net
—

 
16.7

 
176.2

 
—

 
192.9

Unconsolidated affiliated companies
—

 
7.5

 
11.2

 
—

 
18.7

Other non-current assets
14.6

 
27.9

 
22.4

 
—

 
64.9

Total assets
$
2,664.5

 
$
2,970.7

 
$
3,670.4

 
$
(4,495.6
)
 
$
4,810.0

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
126.2

 
$
832.3

 
$
—

 
$
958.5

Accrued liabilities
11.8

 
96.2

 
340.0

 
—

 
448.0

Current portion of long-term debt
345.3

 
—

 
252.2

 


 
597.5

Total current liabilities
357.1

 
222.4

 
1,424.5

 
—

 
2,004.0

Long-term debt
901.2

 
13.9

 
32.9

 
—

 
948.0

Deferred income taxes
166.5

 
(31.4
)
 
80.2

 
—

 
215.3

Intercompany accounts
0.1

 
1,653.2

 
500.3

 
(2,153.6
)
 
—

Other liabilities
1.1

 
106.1

 
171.1

 
—

 
278.3

Total liabilities
1,426.0

 
1,964.2

 
2,209.0

 
(2,153.6
)
 
3,445.6

Redeemable non-controlling interest
—

 
—

 
17.1

 
—

 
17.1

Total Company shareholders’ equity
1,238.5

 
1,006.5

 
1,335.5

 
(2,342.0
)
 
1,238.5

Non-controlling interest
—

 
—

 
108.8

 
—

 
108.8

Total liabilities and equity
$
2,664.5

 
$
2,970.7

 
$
3,670.4

 
$
(4,495.6
)
 
$
4,810.0













Condensed Balance Sheets Information
December 31, 2012 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash
$
65.3

 
$
44.2

 
$
528.7

 
$
—

 
$
638.2

Receivables, net of allowances
—

 
277.6

 
912.1

 
—

 
1,189.7

Inventories
—

 
460.0

 
791.6

 
—

 
1,251.6

Deferred income taxes
—

 
24.4

 
14.7

 
—

 
39.1

Prepaid expenses and other
2.3

 
20.9

 
92.8

 
—

 
116.0

Total current assets
67.6

 
827.1

 
2,339.9

 
—

 
3,234.6

Property, plant and equipment, net
0.4

 
238.2

 
961.2

 
—

 
1,199.8

Deferred income taxes
—

 
—

 
12.8

 
—

 
12.8

Intercompany accounts
1,566.7

 
491.0

 
40.2

 
(2,097.9
)
 
—

Investment in subsidiaries
1,108.5

 
1,390.4

 
—

 
(2,498.9
)
 
—

Goodwill
—

 
15.0

 
169.4

 
—

 
184.4

Intangible assets, net
—

 
17.7

 
185.4

 
—

 
203.1

Unconsolidated affiliated companies
—

 
7.3

 
11.9

 
—

 
19.2

Other non-current assets
15.3

 
26.4

 
24.3

 
—

 
66.0

Total assets
$
2,758.5

 
$
3,013.1

 
$
3,745.1

 
$
(4,596.8
)
 
$
4,919.9

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
103.8

 
$
899.2

 
$
—

 
$
1,003.0

Accrued liabilities
12.1

 
110.6

 
340.7

 
—

 
463.4

Current portion of long-term debt
334.6

 
—

 
176.6

 
—

 
511.2

Total current liabilities
346.7

 
214.4

 
1,416.5

 
—

 
1,977.6

Long-term debt
900.5

 
—

 
38.4

 
—

 
938.9

Deferred income taxes
156.9

 
(18.2
)
 
82.8

 
—

 
221.5

Intercompany accounts
—

 
1,606.9

 
491.0

 
(2,097.9
)
 
—

Other liabilities
1.1

 
101.5

 
190.0

 
—

 
292.6

Total liabilities
1,405.2

 
1,904.6

 
2,218.7

 
(2,097.9
)
 
3,430.6

Redeemable non-controlling interest
—

 
—

 
18.6

 
—

 
18.6

Total Company shareholders’ equity
1,353.3

 
1,108.5

 
1,390.4

 
(2,498.9
)
 
1,353.3

Non-controlling interest
—

 
—

 
117.4

 
—

 
117.4

Total liabilities and equity
$
2,758.5

 
$
3,013.1

 
$
3,745.1

 
$
(4,596.8
)
 
$
4,919.9
Condensed Statements Of Cash Flows
Condensed Statements of Cash Flows Information
Six Fiscal Months Ended June 28, 2013
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
32.5

 
$
(12.9
)
 
$
(187.3
)
 
$
—

 
$
(167.7
)
Cash flows of investing activities:
 
 
—

 
 
 
 
 
 
Capital expenditures
—

 
(15.3
)
 
(30.1
)
 
—

 
(45.4
)
Proceeds from properties sold
—

 
0.1

 
—

 
—

 
0.1

Acquisitions, net of cash acquired
—

 
(2.3
)
 
(4.6
)
 
—

 
(6.9
)
Other
—

 
(24.1
)
 
24.2

 
—

 
0.1

Net cash flows of investing activities
—

 
(41.6
)
 
(10.5
)
 
—

 
(52.1
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Dividends paid
(9.1
)
 
—

 
—

 
—

 
(9.1
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(70.3
)
 
33.0

 
37.3

 
—

 
—

Proceeds from other debt
—

 
14.6

 
597.2

 
—

 
611.8

Repayments of other debt
—

 
(0.8
)
 
(513.1
)
 
—

 
(513.9
)
Issuance of long-term debt
—

 


 
—

 
—

 
—

Dividends paid to non-controlling interest
—

 
—

 
(3.2
)
 
—

 
(3.2
)
Purchase of treasury shares
(19.0
)
 


 


 


 
(19.0
)
Proceeds from exercise of stock options
0.6

 
—

 
—

 
—

 
0.6

Net cash flows of financing activities
(97.7
)
 
46.8

 
118.2

 
—

 
67.3

Effect of exchange rate changes on cash and cash equivalents
—

 
(9.5
)
 
(16.5
)
 
—

 
(26.0
)
Increase (decrease) in cash and cash equivalents
(65.2
)
 
(17.2
)
 
(96.1
)
 
—

 
(178.5
)
Cash and cash equivalents – beginning of period
65.3

 
44.2

 
512.8

 
—

 
622.3

Cash and cash equivalents – end of period
$
0.1

 
$
27.0

 
$
416.7

 
$
—

 
$
443.8


Condensed Statements of Cash Flows Information
Six Fiscal Months Ended June 29, 2012 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
33.1

 
$
(42.6
)
 
$
(7.6
)
 
$
—

 
$
(17.1
)
Cash flows of investing activities:
 
 
 
 
—

 
 
 
 
Capital expenditures
—

 
(12.1
)
 
(51.8
)
 
—

 
(63.9
)
Proceeds from properties sold
—

 
—

 
4.2

 
—

 
4.2

Acquisitions, net of cash acquired
—

 
—

 
(7.3
)
 
—

 
(7.3
)
Other
—

 
(13.6
)
 
13.5

 
—

 
(0.1
)
Net cash flows of investing activities
—

 
(25.7
)
 
(41.4
)
 
—

 
(67.1
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Dividends paid
(0.2
)
 
—

 
—

 
—

 
(0.2
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(33.2
)
 
44.5

 
(11.3
)
 
—

 
—

Proceeds from other debt
—

 
466.3

 
411.5

 
—

 
877.8

Repayments of other debt
—

 
(439.9
)
 
(350.9
)
 
—

 
(790.8
)
Dividends paid to non-controlling interests
—

 
—

 
(1.9
)
 
—

 
(1.9
)
Proceeds from exercise of stock options
0.1

 
—

 
—

 
—

 
0.1

Net cash flows of financing activities
(33.2
)
 
70.9

 
47.4

 
—

 
85.1

Effect of exchange rate changes on cash and cash equivalents
0.1

 
(4.8
)
 
8.5

 
—

 
3.8

Increase (decrease) in cash and cash equivalents
—

 
(2.2
)
 
6.9

 
—

 
4.7

Cash and cash equivalents - beginning of period
0.1

 
12.4

 
421.6

 
—

 
434.1

Cash and cash equivalents - end of period
$
0.1

 
$
10.2

 
$
428.5

 
$
—

 
$
438.8
Intercompany Cash And Non-Cash Transactions
A summary of cash and non-cash transactions of the Parent Company’s intercompany account is provided below for the six fiscal months ended June 28, 2013 and the twelve months ended December 31, 2012:
(in millions)
June 28, 2013
 
December 31, 2012
Beginning Balance
$
1,566.7

 
$
1,210.4

Non-cash transactions
 
 
 
Deferred tax
3.5

 
5.9

Equity based awards
4.9

 
11.7

Foreign currency and other
(4.7
)
 
(3.4
)
Cash transactions
70.3

 
342.1

Ending Balance
$
1,640.7

 
$
1,566.7
Parent Company Long-Term Financing Arrangements
At June 28, 2013 and December 31, 2012, the Parent Company was party to the following long-term financing arrangements:
(in millions)
June 28, 2013
 
December 31, 2012
5.75% Senior Notes due 2022
$
600.0

 
$
600.0

Subordinated Convertible Notes due 2029
429.5

 
429.5

Debt discount on Subordinated Convertible Notes due 2029
(262.3
)
 
(263.0
)
0.875% Convertible Notes due 2013
355.0

 
355.0

Debt discount on 0.875% Convertible Notes due 2013
(9.7
)
 
(20.4
)
Senior Floating Rate Notes
125.0

 
125.0

Other
9.0

 
9.0

Total Parent Company debt
1,246.5

 
1,235.1

Less current maturities
345.3

 
334.6

Parent Company Long-term debt
$
901.2

 
$
900.5
Parent Company Debt Maturities
(in millions)
Q2 2014
 
Q2 2015
 
Q2 2016
 
Q2 2017
 
Q2 2018
Debt maturities twelve month period ending
$
345.3

 
$
125.0

 
$
—

 
$
—

 
$
—