Tupperware Brands (TUPBQ) 10-Q 2 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 30, 2019	Apr. 30, 2019
Document Information [Line Items]
Entity Registrant Name	TUPPERWARE BRANDS CORP
Entity Central Index Key	0001008654
Trading Symbol	TUP
Current Fiscal Year End Date	--12-28
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Emerging Growth Company	false
Entity Small Business	false
Amendment Flag	false
Entity Common Stock, Shares Outstanding		48,736,747

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Net sales	$ 487.3	$ 542.6
Cost of Products Sold	161.2	179
Gross margin	326.1	363.6
Delivery, sales and administrative expense	262.7	289.2
Re-engineering and impairment charges	4.3	7.6	[1]
(Loss) gain on disposal of assets	(0.9)	2.2
Operating income	58.2	69
Interest income	0.6	0.7
Interest expense	10.2	11.1
Other (income) expense	(3.3)	0.2
Income before income taxes	51.9	58.4
Provision for income taxes	15	22.7
Net income	$ 36.9	$ 35.7
Earnings per share:
Basic	$ 0.76	$ 0.70
Diluted	$ 0.76	$ 0.70
Weighted-average shares outstanding:
Basic	48.7	51.1
Diluted	48.8	51.3
[1]	(a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Net income	$ 36.9	$ 35.7
Other comprehensive income:
Foreign currency translation adjustments	20.7	10.1
Deferred loss on cash flow hedges, net of tax benefit of $0.6 and $0.3, respectively	(1.8)	(0.7)
Pension and other post-retirement benefits (costs), net of tax (provision) benefit of ($0.1) and $0.6, respectively	0.1	(1.7)
Other comprehensive income	19	7.7
Total comprehensive income	$ 55.9	$ 43.4

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Deferred gain (loss) on cash flow hedges, tax (benefit) provision	$ (0.6)	$ (0.3)
Pension and other post retirement costs, tax (provision) benefit	$ (0.1)	$ 0.6

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018
ASSETS
Cash and cash equivalents	$ 146.8	$ 149
Accounts receivable, less allowances of $49.5 and $45.3, respectively	167	144.7
Inventories	269	257.7
Non-trade amounts receivable, net	51.8	49.9
Prepaid expenses and other current assets	21	19.3
Total current assets	655.6	620.6
Deferred income tax benefits, net	226.7	217
Property, plant and equipment, net	277.9	276
Long-term receivables, less allowances of $16.8 and $16.0, respectively	17.6	18.7
Trademarks and tradenames, net	52.3	52.9
Goodwill	77.5	76.1
Operating Lease, Right-of-Use Asset	82	0
Other assets, net	49.2	47.5
Total assets	1,438.8	1,308.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	81.5	129.2
Short-term borrowings and current portion of long-term debt and finance lease obligations	367.8	285.5
Accrued liabilities	347.6	344.4
Total current liabilities	796.9	759.1
Long-term debt and finance lease obligations	603	603.4
Operating Lease, Liability, Noncurrent	52.7	0
Other liabilities	170.2	181.5
Shareholders' deficit:
Preferred stock, $0.01 par value, 200,000,000 shares authorized; none issued	0	0
Common stock, $0.01 par value, 600,000,000 shares authorized; 63,607,090 shares issued	0.6	0.6
Paid-in capital	216.5	219.3
Retained earnings	1,121.8	1,086.8
Treasury stock, 14,872,114 and 14,940,286 shares, respectively, at cost	(934.8)	(939.8)
Accumulated other comprehensive loss	(588.1)	(602.1)
Total shareholders' deficit	(184)	(235.2)
Total liabilities and shareholders' deficit	$ 1,438.8	$ 1,308.8

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018
Accounts receivable, allowances	$ 49.5	$ 45.3
Long-term receivables, allowances	$ 16.8	$ 16
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	63,607,090	63,607,090
Treasury stock, shares	14,872,114	14,940,286

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]
Beginning Balance at Dec. 30, 2017	$ (119.4)	$ 0.6	$ (851.5)	$ 217.8	$ 1,043.1	$ (529.4)
Beginning Balance Shares, Issued at Dec. 30, 2017		63.6	12.6
Net income	35.7				35.7
Other Comprehensive Income (Loss), Net of Tax	7.7
Dividends, Common Stock, Cash	(34.9)				(34.9)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			(0.1)
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	(2.5)		$ (4.4)	(2.8)	(0.9)
Ending Balance at Mar. 31, 2018	(108.4)	$ 0.6	$ (847.1)	215	1,044.8	(521.7)
Ending Balance Shares, Issued at Mar. 31, 2018		63.6	12.5
Beginning Balance at Dec. 29, 2018	(235.2)	$ 0.6	$ (939.8)	219.3	1,086.8	(602.1)
Beginning Balance Shares, Issued at Dec. 29, 2018		63.6	15
Net income	36.9				36.9
Other Comprehensive Income (Loss), Net of Tax	19
Dividends, Common Stock, Cash	(12.9)				(12.9)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			(0.1)
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	(1.1)		$ (5)	(2.8)	(1.1)
Ending Balance at Mar. 30, 2019	(184)	$ 0.6	$ (934.8)	$ 216.5	1,121.8	(588.1)
Ending Balance Shares, Issued at Mar. 30, 2019		63.6	14.9
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 7.1				$ 12.1	$ (5)

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Statement of Stockholders' Equity (Parenthetical) [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.27	$ 0.68

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Operating Activities:
Net income	$ 36.9	$ 35.7
Depreciation and amortization	14.1	15.5
Equity compensation	1.9	3.3
Amortization of deferred debt costs	0.2	0.2
Gain (Loss) on Disposition of Other Assets	(0.8)	2.2
Provision for bad debts	5	4.3
Write-down of inventories	2.7	2.3
Increase (Decrease) in Deferred Income Taxes	4.5	(16.4)
Accounts and notes receivable	25	24.1
Inventories	11.5	21
Non-trade amounts receivable	11.5	4.8
Prepaid expenses	0.5	3.7
Other assets	0.1	0.4
Accounts payable and accrued liabilities	(32.5)	(22)
Income taxes payable	(14.5)	(42.5)
Other liabilities	(2.5)	(3.4)
Net cash impact from hedging activity	(0.8)	(5.4)
Other	(0.1)	(0.2)
Net cash used in operating activities	(40.1)	(40.8)
Investing Activities:
Capital expenditures	(12.9)	(15.2)
Proceeds from disposal of property, plant and equipment	0.6	5.9
Net cash used in investing activities	(12.3)	(9.3)
Financing Activities:
Dividend payments to shareholders	(33.9)	(35.4)
Proceeds from exercise of stock options	0	0.2
Repurchase of common stock	(0.7)	(1)
Repayment of finance lease obligations	(0.3)	(0.5)
Net change in short-term debt	84.1	97.2
Payments of Debt Issuance Costs	1.3	0
Net cash provided by financing activities	47.9	60.5
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	3.1	4.1
Net change in cash, cash equivalents and restricted cash	(1.4)	14.5
Cash, cash equivalents and restricted cash at beginning of year	151.9	147.2
Cash, cash equivalents and restricted cash at end of period	$ 150.5	$ 161.7

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation: The condensed consolidated financial statements include the accounts of Tupperware Brands Corporation and its subsidiaries, collectively “Tupperware” or the “Company”, with all intercompany transactions and balances having been eliminated. These condensed consolidated financial statements and related notes should be read in conjunction with the audited 2018 financial statements included in the Company's Annual Report on Form 10-K for the year ended December 29, 2018 . These condensed consolidated financial statements are unaudited and have been prepared following the rules and regulations of the United States Securities and Exchange Commission and, in the Company's opinion, reflect all adjustments, including normal recurring items that are necessary for a fair statement of the results for the interim periods. Certain information and note disclosures normally included in the balance sheet, statements of income, comprehensive income, statements of shareholder’s equity and cash flows prepared in conformity with accounting principles generally accepted in the United States of America have been condensed or omitted as permitted by such rules and regulations. Operating results of any interim period presented herein are not necessarily indicative of the results that may be expected for a full fiscal year. Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from these estimates. Hedging: On December 30, 2018, the Company adopted new guidance on hedge accounting, which required a cumulative-effect adjustment to the opening balance of retained earnings and accumulated other comprehensive income of $5.0 million , net of taxes. As part of the adoption, the Company elected to include forward points in the assessment of hedge effectiveness for net equity and cash flow hedges and exclude forward points in the assessment for fair value hedges. In addition, the Company now records the entire change in fair value of hedging instruments in the same income statement line item as the earnings effect of the hedged item. Prior to adoption, the impact from forward points was recorded as interest expense. Refer to Note 11 to the Consolidated Financial Statements for further discussion on impact from new hedge accounting guidance. Leases: On December 30, 2018, the Company adopted new guidance on lease accounting using the modified retrospective method, which required a cumulative-effect adjustment to the opening balance of retained earnings of $7.1 million , net of taxes. Prior periods have not been restated. The standard did not materially impact consolidated net income or liquidity, and did not have an impact on debt-covenant compliance under the Company's debt agreements. The new guidance was applied to all operating and capital leases at the date of initial application. Leases historically referred to as capital leases are now referred to as finance leases under the new guidance. The Company elected the package of practical expedients permitted under the transition guidance, and as a basis for its lease policies, which allowed the Company to carryforward its historical assessments of: (1) whether contracts are or contain leases, (2) lease classification and (3) initial direct costs. The Company also elected to not separate lease and non-lease components for all classes of underlying assets in which it is the lessee, and made an accounting policy election to not account for leases with an initial term of 12 months or less on the balance sheet. In addition, the Company did not elect the hindsight practical expedient to determine the reasonably certain lease term for existing leases. The Company recognizes payments on these leases on a straight-line basis over the lease term. Adoption of the new standard resulted in the recording of additional net lease assets and lease liabilities of $82.0 million and $83.3 million , respectively, as of March 30, 2019 related to the Company's operating leases. The standard did not materially impact the Company's consolidated net earnings or cash flows. Refer to Note 8 to the Consolidated Financial Statements for further information. Foreign Currency Translation: Inflation in Argentina and Venezuela has been at a high level the past several years. The Company uses a blended index of the Consumer Price Index and National Consumer Price Index for determining highly inflationary status in these countries. For Argentina, this blended index reached cumulative three-year inflation in excess of 100 percent in 2018 and as such, the Company transitioned to highly inflationary status as of July 1, 2018. Venezuela was determined to be highly inflationary starting in 2010. Gains and losses resulting from the translation of the financial statements of subsidiaries operating in highly inflationary economies are recorded in earnings. As of March 30, 2019, the Company had approximately $1.7 million of net monetary assets in Argentina, which are of a nature that will generate income or expense for the change in value associated with exchange rate fluctuations versus the U.S. dollar. There were no material monetary assets or liabilities in Venezuela as of March 30, 2019.

Shipping and Handling Costs

Shipping and Handling Costs	3 Months Ended
	Mar. 30, 2019
Shipping and Handling Costs [Abstract]
Shipping and Handling Costs	Shipping and Handling Costs The cost of products sold line item includes costs related to the purchase and manufacture of goods sold by the Company. Among these costs are inbound freight charges, duties, purchasing and receiving costs, inspection costs, depreciation expense, internal transfer costs and warehousing costs of raw material, work in process and packing materials. The warehousing and distribution costs of finished goods are included in delivery, sales and administrative expenses ("DS&A"). Distribution costs are comprised of outbound freight and associated labor costs. Fees billed to customers associated with the distribution of products are classified as revenue. The distribution costs included in DS&A were $32.8 million and $35.5 million for the first quarters of 2019 and 2018 , respectively.

Promotional Costs

Promotional Costs	3 Months Ended
	Mar. 30, 2019
Promotional Costs [Abstract]
Promotional Costs	Promotional Costs The Company frequently makes promotional offers to members of its independent sales force to encourage them to fulfill specific goals or targets for other activities, ancillary to the Company's business, but considered separate and distinct services from sales, which are measured by defined group/team sales levels, addition of new sales force members or other business-critical functions. The awards offered are in the form of product awards, special prizes or trips. The Company accrues for the costs of these awards during the period over which the sales force qualifies for the award and reports these costs primarily as a component of DS&A expense. These accruals require estimates as to the cost of the awards, based upon estimates of achievement and actual cost to be incurred. During the qualification period, actual results are monitored, and changes to the original estimates are made when known. Promotional and other sales force compensation expenses included in DS&A expense totaled $78.6 million and $88.4 million for the first quarters of 2019 and 2018 , respectively.

Inventories

Inventories	3 Months Ended
	Mar. 30, 2019
Inventory, Net [Abstract]
Inventories	Inventories (In millions) March 30, December 29, Finished goods $ 208.7 $ 203.9 Work in process 28.6 25.0 Raw materials and supplies 31.7 28.8 Total inventories $ 269.0 $ 257.7

Net Income Per Common Share

Net Income Per Common Share	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Net Income Per Common Share	Net Income Per Common Share Basic per share information is calculated by dividing net income by the weighted average number of shares outstanding. Diluted per share information is calculated by also considering the impact of potential common stock on both net income and the weighted average number of shares outstanding. The elements of the earnings per share computations were as follows: 13 weeks ended (In millions, except per share amounts) March 30, March 31, Net income $ 36.9 $ 35.7 Weighted average shares of common stock outstanding 48.7 51.1 Common equivalent shares: Assumed exercise of dilutive options, restricted shares, restricted stock units and performance share units 0.1 0.2 Weighted average common and common equivalent shares outstanding 48.8 51.3 Basic earnings per share $ 0.76 $ 0.70 Diluted earnings per share $ 0.76 $ 0.70 Shares excluded from the determination of potential common stock because inclusion would have been anti-dilutive 3.9 2.0

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 30, 2019
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss (In millions, net of tax) Foreign Currency Items Cash Flow Hedges Pension and Other Post-retirement Items Total Balance at December 29, 2018 $ (579.1 ) $ 1.7 $ (24.7 ) $ (602.1 ) Cumulative effect of change in accounting principle (3.8 ) (1.2 ) — (5.0 ) Other comprehensive income (loss) before reclassifications 20.7 (2.1 ) 0.2 18.8 Amounts reclassified from accumulated other comprehensive loss — 0.3 (0.1 ) 0.2 Net current-period other comprehensive income (loss) 20.7 (1.8 ) 0.1 19.0 Balance at March 30, 2019 $ (562.2 ) $ (1.3 ) $ (24.6 ) $ (588.1 ) (In millions, net of tax) Foreign Currency Items Cash Flow Hedges Pension and Other Post-retirement Items Total Balance at December 30, 2017 $ (501.9 ) $ 1.6 $ (29.1 ) $ (529.4 ) Other comprehensive income (loss) before reclassifications 10.1 (0.8 ) (1.6 ) 7.7 Amounts reclassified from accumulated other comprehensive loss — 0.1 (0.1 ) — Net current-period other comprehensive income (loss) 10.1 (0.7 ) (1.7 ) 7.7 Balance at March 31, 2018 $ (491.8 ) $ 0.9 $ (30.8 ) $ (521.7 ) Pretax amounts reclassified from accumulated other comprehensive loss that related to cash flow hedges consisted of net loss of $0.5 million and a gain of $0.1 million in the first quarters of 2019 and 2018 , respectively. Associated with these items were a tax benefit of $0.2 million and a provision of $0.2 million , respectively. See Note 11 for further discussion of derivatives. In the first quarters of 2019 and 2018 , pretax amounts reclassified from accumulated other comprehensive loss related to pension and other post-retirement items consisted of prior service benefits of $0.3 million and $0.4 million , respectively, and in 2018, an actuarial loss of $0.1 million and a pension settlement cost of $0.1 million . Associated with these items were tax provision s of $0.2 million and $0.1 million in 2019 and 2018 , respectively. See Note 13 to the Consolidated Financial Statements for further discussion of pension and other post-retirement benefit costs.

Re-engineering and Impairment C

Re-engineering and Impairment Costs	3 Months Ended
	Mar. 30, 2019
Restructuring Charges [Abstract]
Re-engineering and Impairment Costs	Re-engineering and Impairment Costs The Company recorded $4.3 million and $7.6 million in re-engineering charges during the first quarters of 2019 and 2018 , respectively. In 2019 and 2018, the re-engineering and impairment charges incurred were primarily related to severance costs and restructuring actions taken in connection with the Company's plans to rationalize its supply chain and to adjust the cost base of several marketing units. The Company incurred $3.1 million and $7.6 million in the first quarters of 2019 and 2018 , respectively, related to the revitalization program announced in July 2017. In January 2019, the Company announced an acceleration of investment in its Global Growth Strategy initiatives through the commencement of a transformation program running through 2022. In the first quarter of 2019, the Company incurred $1.2 million in transformation program costs in Europe, primarily related to outside consulting services and project team expenses. The re-engineering charges related to the 2017 revitalization program by segment during the first quarter of 2019 and 2018 were as follows: 13 weeks ended (In millions) March 30, 2019 March 31, 2018 Europe $ 1.3 $ 5.7 Asia Pacific 0.9 0.8 North America 0.5 0.7 South America 0.4 0.4 Total re-engineering charges $ 3.1 $ 7.6 The balances included in accrued liabilities related to re-engineering and impairment charges for the 2017 revitalization program as of March 30, 2019 and December 29, 2018 were as follows: (In millions) March 30, December 29, Beginning of the year balance $ 23.3 $ 45.4 Provision 3.1 15.9 Non-cash charges — (2.0 ) Adjustments — 5.0 Cash expenditures: Severance (6.5 ) (27.1 ) Other (1.8 ) (12.8 ) Currency translation adjustment (0.1 ) (1.1 ) End of period balance $ 18.0 $ 23.3 The balance included in accrued liabilities related to re-engineering and impairment charges for the 2019 transformation program, as of March 30, 2019 , was $0.8 million .

Leases

Leases	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Leases Disclosure	Leases The Company leases certain equipment, vehicles, office space, and manufacturing and distribution facilities, and recognizes the associated lease expense on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet. Some leases include one or more options to renew, with renewal terms that can extend the lease term from one to 5 years or more. The exercise of lease renewal options is at the Company's discretion and renewal options that are reasonably certain to be exercised have been included in the lease term. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. Certain lease agreements held by the Company include rental payments adjusted periodically for inflation. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease expense in the first quarter of 2019 were as follows: 13 weeks ended (In millions) March 30, 2019 Operating lease cost (a) (c) $ 13.0 Finance lease cost Amortization of right-of-use assets (a) 0.2 Interest on lease liabilities (b) 0.1 Total finance lease cost $ 0.3 ____________________ (a) Included in DS&A and cost of products sold. (b) Included in interest expense. (c) Includes immaterial amounts related to short-term rent expense and variable rent expense. Supplemental cash flow information related to leases is as follows: 13 weeks ended (In millions) March 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ (12.6 ) Operating cash flows from finance leases (0.1 ) Financing cash flows from finance leases (0.3 ) Leased assets obtained in exchange for new operating lease liabilities $ 7.7 Supplemental balance sheet information related to leases is as follows: (In millions, except lease term and discount rate) March 30, 2019 Operating Leases Operating lease right-of-use assets $ 82.0 Accrued liabilities $ 30.6 Operating lease liabilities 52.7 Total Operating lease liabilities $ 83.3 Finance Leases Property, plant and equipment, at cost $ 18.2 Accumulated amortization 9.8 Property, plant and equipment, net $ 8.4 Current portion of finance lease obligations $ 1.6 Long-term finance lease obligations 3.4 Total Finance lease liabilities $ 5.0 Weighted Average Remaining Lease Term Operating Leases 4.6 years Finance Leases 3.2 years Weighted Average Discount Rate (a) Operating Leases 5.4 % Finance Leases 4.8 % _________________________ (a) Calculated using Company's incremental borrowing rate. Maturities of lease liabilities as of March 30, 2019 were as follows: (In millions) Operating Leases Finance Leases 2019 $ 27.1 $ 1.5 2020 22.6 1.4 2021 14.5 1.4 2022 7.8 1.1 2023 5.0 — Thereafter 15.9 — Total lease payments $ 92.9 $ 5.4 Less imputed interest 9.6 0.4 Total $ 83.3 $ 5.0 Maturities of lease liabilities as of December 29, 2018 were as follows: (In millions) Operating Leases Finance Leases 2019 $ 28.3 $ 1.6 2020 19.2 1.3 2021 15.8 1.4 2022 8.3 1.0 2023 6.3 — Thereafter 25.3 — Total $ 103.2 $ 5.3 Rental expense for operating leases totaled $32.2 million and gross payments of financing leases totaled $2.5 million in fiscal year 2018. As of March 30, 2019 , the Company had an immaterial amount of operating and finance leases that had not yet commenced.

Segment Information

Segment Information	3 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information The Company manufactures and distributes a broad portfolio of products, primarily through independent direct sales consultants. Certain operating segments have been aggregated based upon geography, consistency of economic substance, products, production process, class of customers and distribution method. The Company's reportable segments primarily sell design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware® brand. Europe includes Avroy Shlain® in South Africa and Nutrimetics® in France, which sell beauty and personal care products. Some units in Asia Pacific also sell beauty and personal care products under the NaturCare®, Nutrimetics® and Fuller® brands. North America also includes the Fuller Mexico beauty and personal care products business, and sells products under the Fuller Cosmetics® brand in that unit and in Central America. South America also sells beauty products under the Fuller®, Nutrimetics® and Nuvo® brands. Worldwide sales of beauty and personal care products totaled $66.1 million and $72.8 million in the first quarters of 2019 and 2018 , respectively. 13 weeks ended (In millions) March 30, March 31, Net sales: Europe $ 138.6 $ 143.9 Asia Pacific 156.1 172.2 North America 119.6 135.0 South America 73.0 91.5 Total net sales $ 487.3 $ 542.6 Segment profit: Europe $ 17.7 $ 12.4 Asia Pacific 30.0 37.9 North America 17.4 19.0 South America 8.9 17.3 Total segment profit $ 74.0 $ 86.6 Unallocated expenses (7.3 ) (12.4 ) Re-engineering and impairment charges (a) (4.3 ) (7.6 ) (Loss) gain on disposal of assets (0.9 ) 2.2 Interest expense, net (9.6 ) (10.4 ) Income before taxes $ 51.9 $ 58.4 (In millions) March 30, December 29, Identifiable assets: Europe $ 335.2 $ 291.0 Asia Pacific 312.2 281.2 North America 294.1 250.9 South America 139.5 125.0 Corporate 357.8 360.7 Total identifiable assets $ 1,438.8 $ 1,308.8 _________________________ (a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.

Debt

Debt	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Debt	Debt Debt Obligations (In millions) March 30, December 29, 2018 Fixed rate senior notes due 2021 $ 599.6 $ 599.7 Five year Revolving Credit Agreement (a) 366.2 283.9 Belgium facility finance lease 5.0 5.3 Total debt obligations $ 970.8 $ 888.9 ____________________ (a) $204.5 million and $186.8 million denominated in euros as of March 30, 2019 and December 29, 2018 , respectively. Credit Agreement On March 29, 2019, the Company and its wholly owned subsidiaries Tupperware Nederland B.V., Administradora Dart, S. de R.L. de C.V., and Tupperware Brands Asia Pacific Pte. Ltd. (the “Subsidiary Borrowers”), amended and restated its multicurrency Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. as administrative agent (the “Administrative Agent”), swingline lender, joint lead arranger and joint bookrunner, and Credit Agricole Corporate and Investment Bank, HSBC Securities (USA) Inc., Mizuho Bank, Ltd. and Wells Fargo Securities, LLC, as syndication agents, joint lead arrangers and joint bookrunners. The Credit Agreement replaces the Credit Agreement dated September 11, 2013 and as amended (the “Old Credit Agreement”) and, other than an increased aggregate amount that may be borrowed, an improvement in the consolidated leverage ratio covenant and a slightly more favorable commitment fee rate, has terms and conditions similar to that of the Old Credit Agreement. The Credit Agreement makes available to the Company and the Subsidiary Borrowers a committed five-year credit facility in an aggregate amount of $650 million (the “Facility Amount”). The Credit Agreement provides (i) a revolving credit facility, available up to the full amount of the Facility Amount, (ii) a letter of credit facility, available up to $50 million of the Facility Amount, and (iii) a swingline facility, available up to $100 million of the Facility Amount. Each of such facilities is fully available to the Company and the Facility Amount is available to the Subsidiary Borrowers up to an aggregate amount not to exceed $325 million . With the agreement of its lenders, the Company is permitted to increase, on up to three occasions, the Facility Amount by a total of up to $200 million (for a maximum aggregate Facility Amount of $850 million ), subject to certain conditions. As of March 30, 2019 , the Company had total borrowings of $366.2 million outstanding under the Credit Agreement, with $204.5 million of that amount denominated in euros. Loans made under the Credit Agreement will be composed of (i) “Eurocurrency Borrowings”, bearing interest determined in reference to the London interbank offered rate ("LIBOR") for the applicable currency and interest period, plus a margin, and/or (ii) “ABR Borrowings”, bearing interest at the sum of (A) the greatest of (x) the rate of interest publicly announced from time to time by JPMorgan Chase Bank, N.A. as its prime rate, (y) the NYFRB rate plus 0.5%, and (z) adjusted LIBOR on such day (or if such day is not a business day, the immediately preceding business day) for a deposit in U.S. dollars with a maturity of one month plus 1%, and (B) a margin. The applicable margin in each case will be determined by reference to a pricing schedule and will be based upon the better for the Company of (a) the Consolidated Leverage Ratio (computed as consolidated funded indebtedness of the Company and its subsidiaries to the consolidated EBITDA (as defined in the Credit Agreement) of the Company and its subsidiaries for the four fiscal quarters then most recently ended) for the fiscal quarter referred to in the quarterly or annual financial statements most recently delivered, or (b) the Company’s then existing long-term debt securities rating by Moody’s Investor Service, Inc. or Standard and Poor’s Financial Services, Inc. Under the Credit Agreement, the applicable margin for ABR Borrowings ranges from 0.375% to 0.875% , the applicable margin for Eurocurrency Borrowings ranges from 1.375% to 1.875% , and the applicable margin for the commitment fee ranges from 0.150% to 0.275% . Loans made under the swingline facility will bear interest, if denominated in U.S. Dollars, at the same rate as an ABR Borrowing and, if denominated in another currency, at the same rate as a Eurocurrency Borrowing. As of March 30, 2019 , the Credit Agreement dictated a base rate spread of 150 basis points, which gave the Company a weighted average interest rate of 2.6 percent on LIBOR -based borrowings under the Credit Agreement that has a final maturity date of March 29, 2024. Similar to the Old Credit Agreement, the Credit Agreement contains customary covenants that, among other things, generally restrict the Company's ability to incur subsidiary indebtedness, create liens on and sell assets, engage in certain liquidations or dissolutions, engage in certain mergers or consolidations, or change lines of business. These covenants are subject to significant exceptions and qualifications. The financial covenants provide for a maximum Consolidated Leverage Ratio of 3.75 to 1.0 and a minimum interest coverage ratio of 3.0 to 1.0 (defined as consolidated EBITDA divided by consolidated total interest expense). For purposes of the Credit Agreement, consolidated EBITDA represents earnings before interest, income taxes, depreciation and amortization, as adjusted to exclude unusual, non-recurring gains as well as non-cash charges and certain other items. As of March 30, 2019 , and currently, the Company had considerable cushion under its financial covenants as well as the necessary bond credit ratings to prevent default. Under the Credit Agreement and consistent with the Old Credit Agreement, the Guarantor unconditionally guarantees all obligations and liabilities of the Company and the Subsidiary Borrowers relating to the Credit Agreement, supported by a security interest in certain "Tupperware" trademarks and service marks. The Credit Agreement includes a trigger whereby the Company would be required to provide additional collateral and subsidiary guarantees if either Moody's Investors Services, Inc. or S&P Global Ratings downgrades its existing ratings two notches or more. The Company had routinely increased its revolver borrowings under the Old Credit Agreement each quarter, and expects to continue to do so under the Credit Agreement, to fund operating, investing and other financing activities. It also has in the past and expects to in the future, use cash available at the end of each quarter to reduce borrowing levels. As a result, the Company has higher interest expense and foreign exchange exposure on the value of its cash during each quarter than would relate solely to the quarter end cash and debt balances. At March 30, 2019 , the Company had $364.9 million of unused lines of credit, including $282.2 million under the committed, secured Credit Agreement, and $82.7 million available under various uncommitted lines around the world.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 30, 2019
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company is exposed to fluctuations in foreign currency exchange rates on the earnings, cash flows and financial position of its international operations. Although this currency risk is partially mitigated by the natural hedge arising from the Company's local manufacturing in many markets, a strengthening U.S. dollar generally has a negative impact on the Company. In response, the Company uses financial instruments to hedge certain of its exposures and to manage the foreign exchange impact to its financial statements. At its inception, a derivative financial instrument is designated as a fair value, cash flow or net equity hedge. Fair value hedges are entered into with financial instruments such as forward contracts, with the objective of limiting exposure to certain foreign exchange risks primarily associated with accounts payable and non-permanent intercompany transactions. For derivative instruments that are designated and qualify as fair value hedges, the gain or loss on the derivative, as well as the offsetting gain or loss on the hedged item attributable to the hedged risk, are recognized in current earnings. In assessing hedge effectiveness, as of the beginning of 2019, the Company made the accounting policy election in accordance with ASU 2017-12 to exclude forward points and record their impact in the same income statement line item that is used to present the earnings effect of the hedged item for 2019, Other (income) expense. Prior to 2019, the forward points had been included as a component of interest expense. The forward points on fair value hedges resulted in pretax income of $3.7 million and $6.1 million in the first quarters of 2019 and 2018 , respectively. The Company also uses derivative financial instruments to hedge foreign currency exposures resulting from certain forecasted purchases and classifies these as cash flow hedges. The majority of cash flow hedge contracts that the Company enters into relate to inventory purchases. At initiation, the Company's cash flow hedge contracts are generally for periods ranging from one month to fifteen months . The effective portion of the gain or loss on the open hedging instrument is recorded in other comprehensive income and is reclassified into earnings when settled through the same line item as the transaction being hedged. As such, the balance at the end of the current reporting period in other comprehensive income, related to cash flow hedges, will generally be reclassified within the next twelve months . The associated asset or liability on the open hedges is recorded in other current assets or accrued liabilities, as applicable. In assessing hedge effectiveness, the Company made an accounting policy change as of December 30, 2018 to include forward points in the assessment of effectiveness for cash flow hedges causing the impact from forward points to be recorded as part of other comprehensive income compared to interest expense as it previously had been recorded. Based on the interest expense incurred for open cash flow hedges as of December 30, 2018, the Company recorded an adjustment of $1.2 million , net of taxes, to accumulated comprehensive income and retained earnings to reflect this accounting policy change. The impact from forward points recorded in other comprehensive income for activity related to the first quarter of 2019 was $0.8 million . The Company recognized $1.0 million expense in cost of products sold related to the forward point impact from the settlement of cash flow hedges in the first quarter of 2019. The Company also uses financial instruments, such as forward contracts and certain euro denominated borrowings under its Credit Agreement, to hedge a portion of its net equity investment in international operations and classifies these as net equity hedges. Changes in the value of these financial instruments, excluding any ineffective portion of the hedges, are included in foreign currency translation adjustments within accumulated other comprehensive loss . The Company recorded, net of tax, in other comprehensive income net losses of $13.1 million and $16.9 million associated with these hedges in the first quarters of 2019 and 2018 , respectively. Due to the permanent nature of the investments, the Company does not anticipate reclassifying any portion of these amounts to the income statement in the next twelve months. In assessing hedge effectiveness, the Company made an accounting policy change as of December 30, 2018 to include forward points in the assessment of effectiveness for net equity hedges causing the impact from forward points to be recorded as part of other comprehensive income compared to interest expense as it previously had been recorded. Based on the interest expense associated with forward points incurred for open net equity hedges as of December 30, 2018, the Company recorded an adjustment of $3.8 million , net of taxes, to accumulated comprehensive income to reflect this accounting policy change. Beginning in 2019, the impact of forward points is being recorded in other comprehensive income, and will remain there indefinitely since that is where the gains and losses on hedges of net equity are recorded. The impact related to forward points on hedges of net equity recorded as a component of other comprehensive income in the first quarter of 2019 was $4.3 million . While the forward contracts used for net equity and fair value hedges of non-permanent intercompany balances mitigate its exposure to foreign exchange gains or losses, they result in an impact to operating cash flows as they are settled, whereas the hedged items do not generate offsetting cash flows. The net cash flow impact of these currency hedges for the first quarters of 2019 and 2018 were inflows of $0.8 million and $5.4 million , respectively. The Company considers the total notional value of its forward contracts as the best measure of the volume of derivative transactions. As of March 30, 2019 and December 29, 2018 , the notional amounts of outstanding forward contracts to purchase currencies were $87.9 million and $186.8 million , respectively, and the notional amounts of outstanding forward contracts to sell currencies were $89.1 million and $184.6 million , respectively. As of March 30, 2019 , the notional values of the largest positions outstanding were to purchase $28.8 million of U.S. dollars , $26.9 million of euros and $19.9 million of Swiss francs and to sell $26.2 million of Mexican pesos. The following table summarizes the Company's derivative positions, which are the only assets and liabilities recorded at fair value on a recurring basis, and the impact they had on the Company's financial position as of March 30, 2019 and December 29, 2018 . Fair values were determined based on third party quotations (Level 2 fair value measurement): Asset derivatives Liability derivatives Fair value Fair value Derivatives designated as hedging instruments ( in millions ) Balance sheet location Mar 30, Dec 29, Balance sheet location Mar 30, Dec 29, Foreign exchange contracts Non-trade amounts receivable $ 17.3 $ 26.7 Accrued liabilities $ 16.6 $ 22.6 The following table summarizes the impact of the Company's fair value hedging positions on the results of operations for the first quarters of 2019 and 2018 : Derivatives designated as fair value hedges (in millions) Location of gain or (loss) recognized in income on derivatives Amount of gain or (loss) recognized in income on derivatives Location of gain or (loss) recognized in income on related hedged items Amount of gain or (loss) recognized in income on related hedged items 2019 2018 2019 2018 Foreign exchange contracts Other expense $ 17.3 $ 15.1 Other expense $ (17.3 ) $ (14.7 ) The following table summarizes the impact of the Company's hedging activities on comprehensive income for the first quarters of 2019 and 2018 : Cash flow and net equity hedges (in millions) Amount of gain or (loss) recognized in OCI (effective portion) Location of gain or (loss) reclassified from accumulated OCI into income (effective portion) Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion) Location of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing) Amount of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing) Cash flow hedging relationships 2019 2018 2019 2018 2019 2018 Foreign exchange contracts $ (2.8 ) $ (0.9 ) Cost of products sold $ (0.5 ) $ 0.1 Interest expense $ — $ (1.1 ) Net equity hedging relationships Foreign exchange contracts (17.7 ) (17.6 ) Interest expense — (6.0 ) Euro denominated debt 0.8 (4.1 )

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Due to their short maturities or their insignificance, the carrying amounts of cash and cash equivalents, accounts and notes receivable, accounts payable, accrued liabilities, leased assets and liabilities and short-term borrowings approximated their fair values at March 30, 2019 and December 29, 2018 . The Company estimates that, based on current market conditions, the value of its 4.75% , 2021 senior notes was $617.2 million at March 30, 2019 , compared with the carrying value of $599.6 million . The higher fair value resulted from changes, since issuance, in the corporate debt markets and investor preferences. The fair value of debt is classified as a Level 2 liability, and is estimated using quoted market prices as provided in secondary markets that consider the Company's credit risk and market related conditions. See Note 11 to the Consolidated Financial Statements for discussion of the Company's derivative instruments and related fair value measurements.

Retirement Benefit Plans

Retirement Benefit Plans	3 Months Ended
	Mar. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Retirement Benefit Plans	Retirement Benefit Plans Components of net periodic benefit cost for the first quarters ended March 30, 2019 and March 31, 2018 were as follows: First Quarte r Pension benefits Post-retirement benefits (In millions) 2019 2018 2019 2018 Service cost $ 1.9 $ 2.6 $ — $ — Interest cost 1.5 1.4 0.1 0.1 Expected return on plan assets (1.1 ) (1.1 ) — — Settlement/curtailment — 0.1 — — Net amortization — — (0.3 ) (0.3 ) Net periodic benefit cost $ 2.3 $ 3.0 $ (0.2 ) $ (0.2 ) During the first quarters of 2019 and 2018 , approximately $0.3 million and $0.2 million of pretax gain were reclassified from other comprehensive income to a component of net periodic benefit cost, respectively. As they relate to non-U.S. plans, the Company uses current exchange rates to make these reclassifications. The impact of exchange rate fluctuations is included on the net amortization line of the table above. The Company included $0.2 million related to the components of net periodic benefit cost, excluding service cost, in other expense in the first quarters of both 2019 and 2018 .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rates for the first quarters of 2019 and 2018 were 28.9 percent and 38.8 percent , respectively. The change in rate was primarily due to a lower estimated full-year provision for the Global Intangible Low-Taxed income (GILTI) tax. As of March 30, 2019 and December 29, 2018 , the Company's accrual for uncertain tax positions was $15.4 million and $15.1 million , respectively. The increase in the accrual for uncertain tax positions was primarily due to the commencement of additional audits in various jurisdictions. The Company estimates that as of March 30, 2019 , approximately $15.1 million of the unrecognized tax benefits, if recognized, will impact the effective tax rate. Interest and penalties related to uncertain tax positions in the Company's global operations are recorded as a component of the provision for income taxes. Accrued interest and penalties were $5.4 million and $5.5 million as of the periods ended March 30, 2019 and December 29, 2018 , respectively. The Company estimates that it may settle one or more audits in the next twelve months that may result in cash payments decreasing the amount of accrual for uncertain tax positions by up to $3.3 million . For the remaining balance as of March 30, 2019 , the Company is not able to reliably estimate the timing or ultimate settlement amount. While the Company does not currently expect material changes, it is possible that the amount of unrecognized benefit with respect to the uncertain tax positions will significantly increase or decrease related to audits in various foreign jurisdictions that may conclude during that period or new developments that could also, in turn, impact the Company's assessment relative to the establishment or reversal of valuation allowances against certain existing deferred tax assets. These valuation allowances relate to tax assets in jurisdictions where it is management's best estimate that there is not a greater than 50 percent probability that the benefit of the assets will be realized in the associated tax returns. The likelihood of realizing the benefit of deferred tax assets is assessed on an ongoing basis. This assessment requires estimates as to future operating results, as well as an evaluation of the effectiveness of the Company's tax planning strategies. At this time, the Company is not able to make a reasonable estimate of the range of impact on the balance of unrecognized tax benefits or the impact on the effective tax rate related to these items.

Statement of Cash Flow Suppleme

Statement of Cash Flow Supplemental Disclosure	3 Months Ended
	Mar. 30, 2019
Supplemental Cash Flow Elements [Abstract]
Statement of Cash Flow Supplemental Disclosure	Statement of Cash Flow Supplemental Disclosure Under the Company's stock incentive programs, in certain jurisdictions, employees are allowed to use shares retained by the Company to satisfy minimum statutorily required withholding taxes. In the first quarters of 2019 and 2018 , 23,088 and 20,145 shares, respectively, were retained to fund withholding taxes, with values totaling $0.7 million and $1.0 million , respectively, which were included as stock repurchases in the Condensed Consolidated Statements of Cash Flows. Restricted cash is recorded in prepaid and other current assets or in the long-term other assets balance sheet line items.

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Compensation	Stock Based Compensation Stock option activity for the first quarter ended March 30, 2019 is summarized in the following table: Shares subject to option Weighted average exercise price per share Aggregate intrinsic value (in millions) Outstanding at December 29, 2018 3,630,684 $ 55.66 Expired / Forfeited (13,758 ) 66.76 Outstanding at March 30, 2019 3,616,926 $ 55.62 $ — Exercisable at March 30, 2019 2,368,571 $ 59.33 $ — The Company also has time-vested, performance-vested and market-vested share awards. The activity for such awards in the first quarter ended March 30, 2019 is summarized in the following table: Shares outstanding Weighted average grant date fair value December 29, 2018 684,184 $ 47.68 Market-vested shares granted 42,365 27.12 Performance shares granted 111,536 30.90 Performance share adjustments (58,194 ) 49.12 Vested (89,796 ) 50.64 Forfeited (42,217 ) 51.96 March 30, 2019 647,878 $ 42.63 Compensation expense related to the Company's stock-based compensation for the first quarters ended March 30, 2019 and March 31, 2018 was as follows: First Quarter (In millions) 2019 2018 Stock options $ 0.6 $ 0.8 Time, performance and market vested share awards 1.3 2.5 As of March 30, 2019 , total unrecognized stock-based compensation expense related to all stock based awards was $22.9 million , which is expected to be recognized over a weighted average period of 2.1 years .

Allowance for Long-Term Receiva

Allowance for Long-Term Receivables	3 Months Ended
	Mar. 30, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance For Long-Term Receivables	Allowance for Long-Term Receivables As of March 30, 2019 , $16.8 million of long-term receivables from both active and inactive customers were considered past due, the majority of which were reserved through the Company's allowance for uncollectible accounts. The balance of the allowance for long-term receivables as of March 30, 2019 was as follows: (In millions) Balance at December 29, 2018 $ 16.0 Provision and reclassifications 0.8 Balance at March 30, 2019 $ 16.8

Guarantor Information

Guarantor Information	3 Months Ended
	Mar. 30, 2019
Guarantor Information [Abstract]
Guarantor Information	Guarantor Information The Company's payment obligations under its senior notes due in 2021 are fully and unconditionally guaranteed, on a senior secured basis, by Dart Industries Inc. (the "Guarantor"), as are the payment obligations under the Company's Credit Agreement. Both guarantees are secured by certain "Tupperware" trademarks and service marks owned by the Guarantor. Condensed consolidated financial information as of March 30, 2019 and December 29, 2018 , and for the quarters ended March 30, 2019 and March 31, 2018 , for the Company (the "Parent"), the Guarantor and all other subsidiaries (the "Non-Guarantors") is as follows. Each entity in the consolidating financial information follows the same accounting policies as described in the consolidated financial statements, except for the use by the Parent and Guarantor of the equity method of accounting to reflect ownership interests in subsidiaries that are eliminated upon consolidation. The Guarantor is 100% owned by the Parent, and there are certain entities within the Non-Guarantors' classification that the Parent owns directly. There are no significant restrictions on the ability of either the Parent or the Guarantor to obtain adequate funds from their respective subsidiaries by dividend or loan that should interfere with their ability to meet their operating needs or debt repayment obligations. Consolidating Statement of Income 13 weeks ended March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Net sales $ — $ — $ 488.3 $ (1.0 ) $ 487.3 Other revenue — 19.9 9.5 (29.4 ) — Cost of products sold — 9.6 182.0 (30.4 ) 161.2 Gross margin — 10.3 315.8 — 326.1 Delivery, sales and administrative expense 1.5 18.9 242.3 — 262.7 Re-engineering and impairment charges — 0.6 3.7 — 4.3 Loss on disposal of assets — — (0.9 ) — (0.9 ) Operating income (loss) (1.5 ) (9.2 ) 68.9 — 58.2 Interest income 5.5 0.7 10.1 (15.7 ) 0.6 Interest expense 9.5 13.2 3.2 (15.7 ) 10.2 Income from equity investments in subsidiaries 40.8 60.3 — (101.1 ) — Other expense (income) (0.5 ) 3.0 (5.8 ) — (3.3 ) Income (loss) before income taxes 35.8 35.6 81.6 (101.1 ) 51.9 Provision (benefit) for income taxes (1.1 ) (3.4 ) 19.5 — 15.0 Net income $ 36.9 $ 39.0 $ 62.1 $ (101.1 ) $ 36.9 Comprehensive income (loss) $ 55.9 $ 57.6 $ 93.0 $ (150.6 ) $ 55.9 Consolidating Statement of Income 13 weeks ended March 31, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Net sales $ — $ — $ 542.8 $ (0.2 ) $ 542.6 Other revenue — 21.7 10.1 (31.8 ) — Cost of products sold — 10.0 198.7 (29.7 ) 179.0 Gross margin — 11.7 354.2 (2.3 ) 363.6 Delivery, sales and administrative expense 3.0 22.3 266.2 (2.3 ) 289.2 Re-engineering and impairment charges — 0.3 7.3 — 7.6 Gain on disposal of assets — — 2.2 — 2.2 Operating income (loss) (3.0 ) (10.9 ) 82.9 — 69.0 Interest income 5.1 0.5 10.8 (15.7 ) 0.7 Interest expense 9.2 15.5 2.1 (15.7 ) 11.1 Income from equity investments in subsidiaries 40.8 70.5 — (111.3 ) — Other expense (income) (0.6 ) 12.0 (11.2 ) — 0.2 Income before income taxes 34.3 32.6 102.8 (111.3 ) 58.4 Provision (benefit) for income taxes (1.4 ) (6.3 ) 30.4 — 22.7 Net income $ 35.7 $ 38.9 $ 72.4 $ (111.3 ) $ 35.7 Comprehensive income $ 43.4 $ 51.9 $ 98.3 $ (150.2 ) $ 43.4 Condensed Consolidating Balance Sheet March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total ASSETS Cash and cash equivalents $ — $ 0.3 $ 146.5 $ — $ 146.8 Accounts receivable, net — — 167.0 — 167.0 Inventories — — 269.0 — 269.0 Non-trade amounts receivable, net — 166.5 96.1 (210.8 ) 51.8 Intercompany receivables 310.5 1,358.4 230.2 (1,899.1 ) — Prepaid expenses and other current assets 1.0 5.3 41.5 (26.8 ) 21.0 Total current assets 311.5 1,530.5 950.3 (2,136.7 ) 655.6 Deferred income tax benefits, net 41.7 42.2 142.8 — 226.7 Property, plant and equipment, net — 74.6 203.3 — 277.9 Operating lease assets — 0.5 81.5 — 82.0 Long-term receivables, net — 0.1 17.5 — 17.6 Trademarks and tradenames, net — — 52.3 — 52.3 Goodwill — 2.9 74.6 — 77.5 Investments in subsidiaries 1,371.9 1,514.5 — (2,886.4 ) — Intercompany notes receivable 486.6 97.7 1,117.7 (1,702.0 ) — Other assets, net 1.1 0.3 76.5 (28.7 ) 49.2 Total assets $ 2,212.8 $ 3,263.3 $ 2,716.5 $ (6,753.8 ) $ 1,438.8 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable $ 0.1 $ 3.8 $ 77.6 $ — $ 81.5 Short-term borrowings and current portion of long-term debt and finance lease obligations 253.3 — 114.5 — 367.8 Intercompany payables 1,276.2 428.5 194.4 (1,899.1 ) — Accrued liabilities 265.6 57.7 261.9 (237.6 ) 347.6 Total current liabilities 1,795.2 490.0 648.4 (2,136.7 ) 796.9 Long-term debt and finance lease obligations 599.6 — 3.4 — 603.0 Intercompany notes payable — 1,424.7 277.3 (1,702.0 ) — Operating lease liabilities — 0.3 52.4 — 52.7 Other liabilities 2.0 47.4 149.5 (28.7 ) 170.2 Shareholders' equity (deficit) (184.0 ) 1,300.9 1,585.5 (2,886.4 ) (184.0 ) Total liabilities and shareholders' equity $ 2,212.8 $ 3,263.3 $ 2,716.5 $ (6,753.8 ) $ 1,438.8 Condensed Consolidating Balance Sheet December 29, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total ASSETS Cash and cash equivalents $ — $ 0.3 $ 148.7 $ — $ 149.0 Accounts receivable, net — — 144.7 — 144.7 Inventories — — 257.7 — 257.7 Non-trade amounts receivable, net — 169.0 71.0 (190.1 ) 49.9 Intercompany receivables 309.2 1,430.1 230.5 (1,969.8 ) — Prepaid expenses and other current assets 1.1 3.7 48.2 (33.7 ) 19.3 Total current assets 310.3 1,603.1 900.8 (2,193.6 ) 620.6 Deferred income tax benefits, net 41.7 42.2 133.1 — 217.0 Property, plant and equipment, net — 71.3 204.7 — 276.0 Long-term receivables, net — 0.1 18.6 — 18.7 Trademarks and tradenames, net — — 52.9 — 52.9 Goodwill — 2.9 73.2 — 76.1 Investments in subsidiaries 1,305.3 1,346.8 — (2,652.1 ) — Intercompany notes receivable 515.3 95.4 1,069.4 (1,680.1 ) — Other assets, net 0.3 0.5 75.3 (28.6 ) 47.5 Total assets $ 2,172.9 $ 3,162.3 $ 2,528.0 $ (6,554.4 ) $ 1,308.8 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable $ — $ 5.7 $ 123.5 $ — $ 129.2 Short-term borrowings and current portion of long-term debt and finance lease obligations 189.4 — 96.1 — 285.5 Intercompany payables 1,330.9 436.3 202.6 (1,969.8 ) — Accrued liabilities 278.6 69.2 220.4 (223.8 ) 344.4 Total current liabilities 1,798.9 511.2 642.6 (2,193.6 ) 759.1 Long-term debt and finance lease obligations 599.7 — 3.7 — 603.4 Intercompany notes payable 6.6 1,366.7 306.8 (1,680.1 ) — Other liabilities 2.9 48.1 159.1 (28.6 ) 181.5 Shareholders' equity (deficit) (235.2 ) 1,236.3 1,415.8 (2,652.1 ) (235.2 ) Total liabilities and shareholders' equity $ 2,172.9 $ 3,162.3 $ 2,528.0 $ (6,554.4 ) $ 1,308.8 Condensed Consolidating Statement of Cash Flows 13 weeks ended March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Operating Activities: Net cash provided by (used in) operating activities $ 3.8 $ (115.4 ) $ 74.4 $ (2.9 ) $ (40.1 ) Investing Activities: Capital expenditures — (7.5 ) (5.4 ) — (12.9 ) Proceeds from disposal of property, plant and equipment — — 0.6 — 0.6 Net intercompany loans 22.2 53.6 (64.3 ) (11.5 ) — Net cash provided by (used in) investing activities 22.2 46.1 (69.1 ) (11.5 ) (12.3 ) Financing Activities: Dividend payments to shareholders (33.9 ) — — — (33.9 ) Dividend payments to parent — — (2.7 ) 2.7 — Proceeds from exercise of stock options — — — — — Repurchase of common stock (0.7 ) — — — (0.7 ) Repayment of finance lease obligations — — (0.3 ) — (0.3 ) Net change in short-term debt 64.6 — 19.5 — 84.1 Debt issuance cost (1.3 ) — — — (1.3 ) Net intercompany borrowings (54.7 ) 69.3 (26.3 ) 11.7 — Net cash provided by (used in) financing activities (26.0 ) 69.3 (9.8 ) 14.4 47.9 Effect of exchange rate changes on cash, cash equivalents and restricted cash — — 3.1 — 3.1 Net change in cash, cash equivalents and restricted cash — — (1.4 ) — (1.4 ) Cash, cash equivalents and restricted cash at beginning of year — 0.3 151.6 — 151.9 Cash, cash equivalents and restricted cash at end of period $ — $ 0.3 $ 150.2 $ — $ 150.5 Condensed Consolidating Statement of Cash Flows 13 weeks ended March 31, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Operating Activities: Net cash provided by (used in) operating activities $ (4.4 ) $ (42.9 ) $ 10.6 $ (4.1 ) $ (40.8 ) Investing Activities: Capital expenditures — (5.5 ) (9.7 ) — (15.2 ) Proceeds from disposal of property, plant and equipment — — 5.9 — 5.9 Net intercompany loans (64.3 ) (5.5 ) (56.7 ) 126.5 — Net cash provided by (used in) investing activities (64.3 ) (11.0 ) (60.5 ) 126.5 (9.3 ) Financing Activities: Dividend payments to shareholders (35.4 ) — — — (35.4 ) Dividend payments to parent — — (1.2 ) 1.2 — Proceeds from exercise of stock options 0.2 — — — 0.2 Repurchase of common stock (1.0 ) — — — (1.0 ) Repayment of finance lease obligations — — (0.5 ) — (0.5 ) Net change in short-term debt 87.0 — 10.2 — 97.2 Net intercompany borrowings 17.9 54.1 51.6 (123.6 ) — Net cash provided by (used in) financing activities 68.7 54.1 60.1 (122.4 ) 60.5 Effect of exchange rate changes on cash, cash equivalents and restricted cash — — 4.1 — 4.1 Net change in cash, cash equivalents and restricted cash — 0.2 14.3 — 14.5 Cash, cash equivalents and restricted cash at beginning of year — 0.1 147.1 — 147.2 Cash, cash equivalents and restricted cash at end of period $ — $ 0.3 $ 161.4 $ — $ 161.7

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In August 2018, the FASB issued an amendment to existing guidance on the accounting for implementation, setup, and other upfront costs incurred in a cloud computing arrangement that is hosted by the vendor that is a service contract. Under the amendment, the requirement for capitalizing implementation costs incurred in a hosting environment that is a service contract is aligned with the requirements for capitalizing implementation costs incurred for an internal-use software license. This guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of this amendment to have a material impact on the Company’s Consolidated Financial Statements. In August 2018, the FASB issued an amendment to existing guidance on disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. Under the amendment, the entity is required to disclose the weighted-average interest crediting rates used, reasons for significant gains and losses affecting the benefit obligation and an explanation of any other significant changes in the benefit obligation or plan assets. The amendment also removed certain required disclosures that no longer are considered cost beneficial. This guidance is effective for fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this amendment on its disclosure, and does not expect any impact on its basic financial statements. In August 2018, the FASB issued an amendment to existing guidance on disclosure requirements on fair value measurement as part of its broader disclosure framework project, which aims to improve the effectiveness of disclosures in the notes to the financial statements. Under this amendment, certain disclosure requirements for fair value measurement were eliminated, modified and added. This guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption of either the entire standard or only the provisions that eliminate or modify requirements is permitted. The Company is currently evaluating the impact of the adoption of this amendment on its Consolidated Financial Statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation: The condensed consolidated financial statements include the accounts of Tupperware Brands Corporation and its subsidiaries, collectively “Tupperware” or the “Company”, with all intercompany transactions and balances having been eliminated. These condensed consolidated financial statements and related notes should be read in conjunction with the audited 2018 financial statements included in the Company's Annual Report on Form 10-K for the year ended December 29, 2018 . These condensed consolidated financial statements are unaudited and have been prepared following the rules and regulations of the United States Securities and Exchange Commission and, in the Company's opinion, reflect all adjustments, including normal recurring items that are necessary for a fair statement of the results for the interim periods. Certain information and note disclosures normally included in the balance sheet, statements of income, comprehensive income, statements of shareholder’s equity and cash flows prepared in conformity with accounting principles generally accepted in the United States of America have been condensed or omitted as permitted by such rules and regulations. Operating results of any interim period presented herein are not necessarily indicative of the results that may be expected for a full fiscal year.
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from these estimates.
Derivatives	Hedging: On December 30, 2018, the Company adopted new guidance on hedge accounting, which required a cumulative-effect adjustment to the opening balance of retained earnings and accumulated other comprehensive income of $5.0 million , net of taxes. As part of the adoption, the Company elected to include forward points in the assessment of hedge effectiveness for net equity and cash flow hedges and exclude forward points in the assessment for fair value hedges. In addition, the Company now records the entire change in fair value of hedging instruments in the same income statement line item as the earnings effect of the hedged item. Prior to adoption, the impact from forward points was recorded as interest expense. Refer to Note 11 to the Consolidated Financial Statements for further discussion on impact from new hedge accounting guidance.
Leases	Leases: On December 30, 2018, the Company adopted new guidance on lease accounting using the modified retrospective method, which required a cumulative-effect adjustment to the opening balance of retained earnings of $7.1 million , net of taxes. Prior periods have not been restated. The standard did not materially impact consolidated net income or liquidity, and did not have an impact on debt-covenant compliance under the Company's debt agreements. The new guidance was applied to all operating and capital leases at the date of initial application. Leases historically referred to as capital leases are now referred to as finance leases under the new guidance. The Company elected the package of practical expedients permitted under the transition guidance, and as a basis for its lease policies, which allowed the Company to carryforward its historical assessments of: (1) whether contracts are or contain leases, (2) lease classification and (3) initial direct costs. The Company also elected to not separate lease and non-lease components for all classes of underlying assets in which it is the lessee, and made an accounting policy election to not account for leases with an initial term of 12 months or less on the balance sheet. In addition, the Company did not elect the hindsight practical expedient to determine the reasonably certain lease term for existing leases. The Company recognizes payments on these leases on a straight-line basis over the lease term. Adoption of the new standard resulted in the recording of additional net lease assets and lease liabilities of $82.0 million and $83.3 million , respectively, as of March 30, 2019 related to the Company's operating leases. The standard did not materially impact the Company's consolidated net earnings or cash flows. Refer to Note 8 to the Consolidated Financial Statements for further information.
Foreign Currency Translation	Foreign Currency Translation: Inflation in Argentina and Venezuela has been at a high level the past several years. The Company uses a blended index of the Consumer Price Index and National Consumer Price Index for determining highly inflationary status in these countries. For Argentina, this blended index reached cumulative three-year inflation in excess of 100 percent in 2018 and as such, the Company transitioned to highly inflationary status as of July 1, 2018. Venezuela was determined to be highly inflationary starting in 2010. Gains and losses resulting from the translation of the financial statements of subsidiaries operating in highly inflationary economies are recorded in earnings. As of March 30, 2019, the Company had approximately $1.7 million of net monetary assets in Argentina, which are of a nature that will generate income or expense for the change in value associated with exchange rate fluctuations versus the U.S. dollar. There were no material monetary assets or liabilities in Venezuela as of March 30, 2019.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 30, 2019
Inventory, Net [Abstract]
Components of Inventories	Inventories (In millions) March 30, December 29, Finished goods $ 208.7 $ 203.9 Work in process 28.6 25.0 Raw materials and supplies 31.7 28.8 Total inventories $ 269.0 $ 257.7

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Elements of Earnings per Share Computations	The elements of the earnings per share computations were as follows: 13 weeks ended (In millions, except per share amounts) March 30, March 31, Net income $ 36.9 $ 35.7 Weighted average shares of common stock outstanding 48.7 51.1 Common equivalent shares: Assumed exercise of dilutive options, restricted shares, restricted stock units and performance share units 0.1 0.2 Weighted average common and common equivalent shares outstanding 48.8 51.3 Basic earnings per share $ 0.76 $ 0.70 Diluted earnings per share $ 0.76 $ 0.70 Shares excluded from the determination of potential common stock because inclusion would have been anti-dilutive 3.9 2.0

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Rollforward of accumulated other comprehensive loss	Accumulated Other Comprehensive Loss (In millions, net of tax) Foreign Currency Items Cash Flow Hedges Pension and Other Post-retirement Items Total Balance at December 29, 2018 $ (579.1 ) $ 1.7 $ (24.7 ) $ (602.1 ) Cumulative effect of change in accounting principle (3.8 ) (1.2 ) — (5.0 ) Other comprehensive income (loss) before reclassifications 20.7 (2.1 ) 0.2 18.8 Amounts reclassified from accumulated other comprehensive loss — 0.3 (0.1 ) 0.2 Net current-period other comprehensive income (loss) 20.7 (1.8 ) 0.1 19.0 Balance at March 30, 2019 $ (562.2 ) $ (1.3 ) $ (24.6 ) $ (588.1 ) (In millions, net of tax) Foreign Currency Items Cash Flow Hedges Pension and Other Post-retirement Items Total Balance at December 30, 2017 $ (501.9 ) $ 1.6 $ (29.1 ) $ (529.4 ) Other comprehensive income (loss) before reclassifications 10.1 (0.8 ) (1.6 ) 7.7 Amounts reclassified from accumulated other comprehensive loss — 0.1 (0.1 ) — Net current-period other comprehensive income (loss) 10.1 (0.7 ) (1.7 ) 7.7 Balance at March 31, 2018 $ (491.8 ) $ 0.9 $ (30.8 ) $ (521.7 )

Re-engineering and Impairment_2

Re-engineering and Impairment Costs (Tables)	3 Months Ended
	Mar. 30, 2019
Restructuring Charges [Abstract]
Restructuring and Related Costs	The re-engineering charges related to the 2017 revitalization program by segment during the first quarter of 2019 and 2018 were as follows: 13 weeks ended (In millions) March 30, 2019 March 31, 2018 Europe $ 1.3 $ 5.7 Asia Pacific 0.9 0.8 North America 0.5 0.7 South America 0.4 0.4 Total re-engineering charges $ 3.1 $ 7.6
Accrued Liabilities, Re-engineering and Impairment Charges Rollforward	The balances included in accrued liabilities related to re-engineering and impairment charges for the 2017 revitalization program as of March 30, 2019 and December 29, 2018 were as follows: (In millions) March 30, December 29, Beginning of the year balance $ 23.3 $ 45.4 Provision 3.1 15.9 Non-cash charges — (2.0 ) Adjustments — 5.0 Cash expenditures: Severance (6.5 ) (27.1 ) Other (1.8 ) (12.8 ) Currency translation adjustment (0.1 ) (1.1 ) End of period balance $ 18.0 $ 23.3

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Lease, Expense	The components of lease expense in the first quarter of 2019 were as follows: 13 weeks ended (In millions) March 30, 2019 Operating lease cost (a) (c) $ 13.0 Finance lease cost Amortization of right-of-use assets (a) 0.2 Interest on lease liabilities (b) 0.1 Total finance lease cost $ 0.3 ____________________ (a) Included in DS&A and cost of products sold. (b) Included in interest expense. (c) Includes immaterial amounts related to short-term rent expense and variable rent expense.
Schedule of Supplemental Cash Flow information related to Leases	Supplemental cash flow information related to leases is as follows: 13 weeks ended (In millions) March 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ (12.6 ) Operating cash flows from finance leases (0.1 ) Financing cash flows from finance leases (0.3 ) Leased assets obtained in exchange for new operating lease liabilities $ 7.7
Supplemental Balance Sheet information related to Leases	Supplemental balance sheet information related to leases is as follows: (In millions, except lease term and discount rate) March 30, 2019 Operating Leases Operating lease right-of-use assets $ 82.0 Accrued liabilities $ 30.6 Operating lease liabilities 52.7 Total Operating lease liabilities $ 83.3 Finance Leases Property, plant and equipment, at cost $ 18.2 Accumulated amortization 9.8 Property, plant and equipment, net $ 8.4 Current portion of finance lease obligations $ 1.6 Long-term finance lease obligations 3.4 Total Finance lease liabilities $ 5.0 Weighted Average Remaining Lease Term Operating Leases 4.6 years Finance Leases 3.2 years Weighted Average Discount Rate (a) Operating Leases 5.4 % Finance Leases 4.8 % _________________________ (a) Calculated using Company's incremental borrowing rate.
Schedule of Maturities of Lease Liabilities [Table Text Block]	Maturities of lease liabilities as of March 30, 2019 were as follows: (In millions) Operating Leases Finance Leases 2019 $ 27.1 $ 1.5 2020 22.6 1.4 2021 14.5 1.4 2022 7.8 1.1 2023 5.0 — Thereafter 15.9 — Total lease payments $ 92.9 $ 5.4 Less imputed interest 9.6 0.4 Total $ 83.3 $ 5.0 Maturities of lease liabilities as of December 29, 2018 were as follows: (In millions) Operating Leases Finance Leases 2019 $ 28.3 $ 1.6 2020 19.2 1.3 2021 15.8 1.4 2022 8.3 1.0 2023 6.3 — Thereafter 25.3 — Total $ 103.2 $ 5.3

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	13 weeks ended (In millions) March 30, March 31, Net sales: Europe $ 138.6 $ 143.9 Asia Pacific 156.1 172.2 North America 119.6 135.0 South America 73.0 91.5 Total net sales $ 487.3 $ 542.6 Segment profit: Europe $ 17.7 $ 12.4 Asia Pacific 30.0 37.9 North America 17.4 19.0 South America 8.9 17.3 Total segment profit $ 74.0 $ 86.6 Unallocated expenses (7.3 ) (12.4 ) Re-engineering and impairment charges (a) (4.3 ) (7.6 ) (Loss) gain on disposal of assets (0.9 ) 2.2 Interest expense, net (9.6 ) (10.4 ) Income before taxes $ 51.9 $ 58.4 (In millions) March 30, December 29, Identifiable assets: Europe $ 335.2 $ 291.0 Asia Pacific 312.2 281.2 North America 294.1 250.9 South America 139.5 125.0 Corporate 357.8 360.7 Total identifiable assets $ 1,438.8 $ 1,308.8 _________________________ (a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Schedule of Total Debt Obligations	(In millions) March 30, December 29, 2018 Fixed rate senior notes due 2021 $ 599.6 $ 599.7 Five year Revolving Credit Agreement (a) 366.2 283.9 Belgium facility finance lease 5.0 5.3 Total debt obligations $ 970.8 $ 888.9 ____________________ (a) $204.5 million and $186.8 million denominated in euros as of March 30, 2019 and December 29, 2018 , respectively.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Schedule Of Company's Derivative Position And Its Impact On Company Table	The following table summarizes the Company's derivative positions, which are the only assets and liabilities recorded at fair value on a recurring basis, and the impact they had on the Company's financial position as of March 30, 2019 and December 29, 2018 . Fair values were determined based on third party quotations (Level 2 fair value measurement): Asset derivatives Liability derivatives Fair value Fair value Derivatives designated as hedging instruments ( in millions ) Balance sheet location Mar 30, Dec 29, Balance sheet location Mar 30, Dec 29, Foreign exchange contracts Non-trade amounts receivable $ 17.3 $ 26.7 Accrued liabilities $ 16.6 $ 22.6 The following table summarizes the impact of the Company's fair value hedging positions on the results of operations for the first quarters of 2019 and 2018 : Derivatives designated as fair value hedges (in millions) Location of gain or (loss) recognized in income on derivatives Amount of gain or (loss) recognized in income on derivatives Location of gain or (loss) recognized in income on related hedged items Amount of gain or (loss) recognized in income on related hedged items 2019 2018 2019 2018 Foreign exchange contracts Other expense $ 17.3 $ 15.1 Other expense $ (17.3 ) $ (14.7 ) The following table summarizes the impact of the Company's hedging activities on comprehensive income for the first quarters of 2019 and 2018 : Cash flow and net equity hedges (in millions) Amount of gain or (loss) recognized in OCI (effective portion) Location of gain or (loss) reclassified from accumulated OCI into income (effective portion) Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion) Location of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing) Amount of gain or (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing) Cash flow hedging relationships 2019 2018 2019 2018 2019 2018 Foreign exchange contracts $ (2.8 ) $ (0.9 ) Cost of products sold $ (0.5 ) $ 0.1 Interest expense $ — $ (1.1 ) Net equity hedging relationships Foreign exchange contracts (17.7 ) (17.6 ) Interest expense — (6.0 ) Euro denominated debt 0.8 (4.1 )

Retirement Benefit Plans (Table

Retirement Benefit Plans (Tables)	3 Months Ended
	Mar. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Components of Net Periodic Benefit Cost	Components of net periodic benefit cost for the first quarters ended March 30, 2019 and March 31, 2018 were as follows: First Quarte r Pension benefits Post-retirement benefits (In millions) 2019 2018 2019 2018 Service cost $ 1.9 $ 2.6 $ — $ — Interest cost 1.5 1.4 0.1 0.1 Expected return on plan assets (1.1 ) (1.1 ) — — Settlement/curtailment — 0.1 — — Net amortization — — (0.3 ) (0.3 ) Net periodic benefit cost $ 2.3 $ 3.0 $ (0.2 ) $ (0.2 )

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity	Stock option activity for the first quarter ended March 30, 2019 is summarized in the following table: Shares subject to option Weighted average exercise price per share Aggregate intrinsic value (in millions) Outstanding at December 29, 2018 3,630,684 $ 55.66 Expired / Forfeited (13,758 ) 66.76 Outstanding at March 30, 2019 3,616,926 $ 55.62 $ — Exercisable at March 30, 2019 2,368,571 $ 59.33 $ —
Time Vested, Performance Vested and Market Vested Share Awards Activity	The Company also has time-vested, performance-vested and market-vested share awards. The activity for such awards in the first quarter ended March 30, 2019 is summarized in the following table: Shares outstanding Weighted average grant date fair value December 29, 2018 684,184 $ 47.68 Market-vested shares granted 42,365 27.12 Performance shares granted 111,536 30.90 Performance share adjustments (58,194 ) 49.12 Vested (89,796 ) 50.64 Forfeited (42,217 ) 51.96 March 30, 2019 647,878 $ 42.63
Schedule of Compensation Expense	Compensation expense related to the Company's stock-based compensation for the first quarters ended March 30, 2019 and March 31, 2018 was as follows: First Quarter (In millions) 2019 2018 Stock options $ 0.6 $ 0.8 Time, performance and market vested share awards 1.3 2.5

Allowance for Long-Term Recei_2

Allowance for Long-Term Receivables (Tables)	3 Months Ended
	Mar. 30, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance for Long-Term Receivables Rollforward	The balance of the allowance for long-term receivables as of March 30, 2019 was as follows: (In millions) Balance at December 29, 2018 $ 16.0 Provision and reclassifications 0.8 Balance at March 30, 2019 $ 16.8

Guarantor Information (Tables)

Guarantor Information (Tables)	3 Months Ended
	Mar. 30, 2019
Guarantor Information [Abstract]
Consolidating Statement of Income	Consolidating Statement of Income 13 weeks ended March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Net sales $ — $ — $ 488.3 $ (1.0 ) $ 487.3 Other revenue — 19.9 9.5 (29.4 ) — Cost of products sold — 9.6 182.0 (30.4 ) 161.2 Gross margin — 10.3 315.8 — 326.1 Delivery, sales and administrative expense 1.5 18.9 242.3 — 262.7 Re-engineering and impairment charges — 0.6 3.7 — 4.3 Loss on disposal of assets — — (0.9 ) — (0.9 ) Operating income (loss) (1.5 ) (9.2 ) 68.9 — 58.2 Interest income 5.5 0.7 10.1 (15.7 ) 0.6 Interest expense 9.5 13.2 3.2 (15.7 ) 10.2 Income from equity investments in subsidiaries 40.8 60.3 — (101.1 ) — Other expense (income) (0.5 ) 3.0 (5.8 ) — (3.3 ) Income (loss) before income taxes 35.8 35.6 81.6 (101.1 ) 51.9 Provision (benefit) for income taxes (1.1 ) (3.4 ) 19.5 — 15.0 Net income $ 36.9 $ 39.0 $ 62.1 $ (101.1 ) $ 36.9 Comprehensive income (loss) $ 55.9 $ 57.6 $ 93.0 $ (150.6 ) $ 55.9 Consolidating Statement of Income 13 weeks ended March 31, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Net sales $ — $ — $ 542.8 $ (0.2 ) $ 542.6 Other revenue — 21.7 10.1 (31.8 ) — Cost of products sold — 10.0 198.7 (29.7 ) 179.0 Gross margin — 11.7 354.2 (2.3 ) 363.6 Delivery, sales and administrative expense 3.0 22.3 266.2 (2.3 ) 289.2 Re-engineering and impairment charges — 0.3 7.3 — 7.6 Gain on disposal of assets — — 2.2 — 2.2 Operating income (loss) (3.0 ) (10.9 ) 82.9 — 69.0 Interest income 5.1 0.5 10.8 (15.7 ) 0.7 Interest expense 9.2 15.5 2.1 (15.7 ) 11.1 Income from equity investments in subsidiaries 40.8 70.5 — (111.3 ) — Other expense (income) (0.6 ) 12.0 (11.2 ) — 0.2 Income before income taxes 34.3 32.6 102.8 (111.3 ) 58.4 Provision (benefit) for income taxes (1.4 ) (6.3 ) 30.4 — 22.7 Net income $ 35.7 $ 38.9 $ 72.4 $ (111.3 ) $ 35.7 Comprehensive income $ 43.4 $ 51.9 $ 98.3 $ (150.2 ) $ 43.4
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total ASSETS Cash and cash equivalents $ — $ 0.3 $ 146.5 $ — $ 146.8 Accounts receivable, net — — 167.0 — 167.0 Inventories — — 269.0 — 269.0 Non-trade amounts receivable, net — 166.5 96.1 (210.8 ) 51.8 Intercompany receivables 310.5 1,358.4 230.2 (1,899.1 ) — Prepaid expenses and other current assets 1.0 5.3 41.5 (26.8 ) 21.0 Total current assets 311.5 1,530.5 950.3 (2,136.7 ) 655.6 Deferred income tax benefits, net 41.7 42.2 142.8 — 226.7 Property, plant and equipment, net — 74.6 203.3 — 277.9 Operating lease assets — 0.5 81.5 — 82.0 Long-term receivables, net — 0.1 17.5 — 17.6 Trademarks and tradenames, net — — 52.3 — 52.3 Goodwill — 2.9 74.6 — 77.5 Investments in subsidiaries 1,371.9 1,514.5 — (2,886.4 ) — Intercompany notes receivable 486.6 97.7 1,117.7 (1,702.0 ) — Other assets, net 1.1 0.3 76.5 (28.7 ) 49.2 Total assets $ 2,212.8 $ 3,263.3 $ 2,716.5 $ (6,753.8 ) $ 1,438.8 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable $ 0.1 $ 3.8 $ 77.6 $ — $ 81.5 Short-term borrowings and current portion of long-term debt and finance lease obligations 253.3 — 114.5 — 367.8 Intercompany payables 1,276.2 428.5 194.4 (1,899.1 ) — Accrued liabilities 265.6 57.7 261.9 (237.6 ) 347.6 Total current liabilities 1,795.2 490.0 648.4 (2,136.7 ) 796.9 Long-term debt and finance lease obligations 599.6 — 3.4 — 603.0 Intercompany notes payable — 1,424.7 277.3 (1,702.0 ) — Operating lease liabilities — 0.3 52.4 — 52.7 Other liabilities 2.0 47.4 149.5 (28.7 ) 170.2 Shareholders' equity (deficit) (184.0 ) 1,300.9 1,585.5 (2,886.4 ) (184.0 ) Total liabilities and shareholders' equity $ 2,212.8 $ 3,263.3 $ 2,716.5 $ (6,753.8 ) $ 1,438.8 Condensed Consolidating Balance Sheet December 29, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total ASSETS Cash and cash equivalents $ — $ 0.3 $ 148.7 $ — $ 149.0 Accounts receivable, net — — 144.7 — 144.7 Inventories — — 257.7 — 257.7 Non-trade amounts receivable, net — 169.0 71.0 (190.1 ) 49.9 Intercompany receivables 309.2 1,430.1 230.5 (1,969.8 ) — Prepaid expenses and other current assets 1.1 3.7 48.2 (33.7 ) 19.3 Total current assets 310.3 1,603.1 900.8 (2,193.6 ) 620.6 Deferred income tax benefits, net 41.7 42.2 133.1 — 217.0 Property, plant and equipment, net — 71.3 204.7 — 276.0 Long-term receivables, net — 0.1 18.6 — 18.7 Trademarks and tradenames, net — — 52.9 — 52.9 Goodwill — 2.9 73.2 — 76.1 Investments in subsidiaries 1,305.3 1,346.8 — (2,652.1 ) — Intercompany notes receivable 515.3 95.4 1,069.4 (1,680.1 ) — Other assets, net 0.3 0.5 75.3 (28.6 ) 47.5 Total assets $ 2,172.9 $ 3,162.3 $ 2,528.0 $ (6,554.4 ) $ 1,308.8 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable $ — $ 5.7 $ 123.5 $ — $ 129.2 Short-term borrowings and current portion of long-term debt and finance lease obligations 189.4 — 96.1 — 285.5 Intercompany payables 1,330.9 436.3 202.6 (1,969.8 ) — Accrued liabilities 278.6 69.2 220.4 (223.8 ) 344.4 Total current liabilities 1,798.9 511.2 642.6 (2,193.6 ) 759.1 Long-term debt and finance lease obligations 599.7 — 3.7 — 603.4 Intercompany notes payable 6.6 1,366.7 306.8 (1,680.1 ) — Other liabilities 2.9 48.1 159.1 (28.6 ) 181.5 Shareholders' equity (deficit) (235.2 ) 1,236.3 1,415.8 (2,652.1 ) (235.2 ) Total liabilities and shareholders' equity $ 2,172.9 $ 3,162.3 $ 2,528.0 $ (6,554.4 ) $ 1,308.8
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows 13 weeks ended March 30, 2019 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Operating Activities: Net cash provided by (used in) operating activities $ 3.8 $ (115.4 ) $ 74.4 $ (2.9 ) $ (40.1 ) Investing Activities: Capital expenditures — (7.5 ) (5.4 ) — (12.9 ) Proceeds from disposal of property, plant and equipment — — 0.6 — 0.6 Net intercompany loans 22.2 53.6 (64.3 ) (11.5 ) — Net cash provided by (used in) investing activities 22.2 46.1 (69.1 ) (11.5 ) (12.3 ) Financing Activities: Dividend payments to shareholders (33.9 ) — — — (33.9 ) Dividend payments to parent — — (2.7 ) 2.7 — Proceeds from exercise of stock options — — — — — Repurchase of common stock (0.7 ) — — — (0.7 ) Repayment of finance lease obligations — — (0.3 ) — (0.3 ) Net change in short-term debt 64.6 — 19.5 — 84.1 Debt issuance cost (1.3 ) — — — (1.3 ) Net intercompany borrowings (54.7 ) 69.3 (26.3 ) 11.7 — Net cash provided by (used in) financing activities (26.0 ) 69.3 (9.8 ) 14.4 47.9 Effect of exchange rate changes on cash, cash equivalents and restricted cash — — 3.1 — 3.1 Net change in cash, cash equivalents and restricted cash — — (1.4 ) — (1.4 ) Cash, cash equivalents and restricted cash at beginning of year — 0.3 151.6 — 151.9 Cash, cash equivalents and restricted cash at end of period $ — $ 0.3 $ 150.2 $ — $ 150.5 Condensed Consolidating Statement of Cash Flows 13 weeks ended March 31, 2018 (In millions) Parent Guarantor Non-Guarantors Eliminations Total Operating Activities: Net cash provided by (used in) operating activities $ (4.4 ) $ (42.9 ) $ 10.6 $ (4.1 ) $ (40.8 ) Investing Activities: Capital expenditures — (5.5 ) (9.7 ) — (15.2 ) Proceeds from disposal of property, plant and equipment — — 5.9 — 5.9 Net intercompany loans (64.3 ) (5.5 ) (56.7 ) 126.5 — Net cash provided by (used in) investing activities (64.3 ) (11.0 ) (60.5 ) 126.5 (9.3 ) Financing Activities: Dividend payments to shareholders (35.4 ) — — — (35.4 ) Dividend payments to parent — — (1.2 ) 1.2 — Proceeds from exercise of stock options 0.2 — — — 0.2 Repurchase of common stock (1.0 ) — — — (1.0 ) Repayment of finance lease obligations — — (0.5 ) — (0.5 ) Net change in short-term debt 87.0 — 10.2 — 97.2 Net intercompany borrowings 17.9 54.1 51.6 (123.6 ) — Net cash provided by (used in) financing activities 68.7 54.1 60.1 (122.4 ) 60.5 Effect of exchange rate changes on cash, cash equivalents and restricted cash — — 4.1 — 4.1 Net change in cash, cash equivalents and restricted cash — 0.2 14.3 — 14.5 Cash, cash equivalents and restricted cash at beginning of year — 0.1 147.1 — 147.2 Cash, cash equivalents and restricted cash at end of period $ — $ 0.3 $ 161.4 $ — $ 161.7

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Summary of Significant Accounting Policies) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Dec. 29, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset	$ 82	$ 0
Net Monetary Assets (Liabilities) in Argentine Peso	1.7
Operating Lease, Liability	83.3
Accounting Standards Update 2016-02 [Member] | Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	7.1
Accounting Standards Update 2017-12 [Member] | Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 5

Shipping and Handling Costs (De

Shipping and Handling Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Shipping and Handling [Line Items]
Delivery, sales and administrative expense	$ 262.7	$ 289.2
Shipping and Handling
Shipping and Handling [Line Items]
Delivery, sales and administrative expense	$ 32.8	$ 35.5

Promotional Costs (Details)

Promotional Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Promotional Costs [Abstract]
Promotional and other sales force compensation expenses	$ 78.6	$ 88.4

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018
Inventory, Net [Abstract]
Finished goods	$ 208.7	$ 203.9
Work in process	28.6	25
Raw materials and supplies	31.7	28.8
Total inventories	$ 269	$ 257.7

Net Income Per Common Share (De

Net Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Net Income Per Common Share [Line Items]
Net income	$ 36.9	$ 35.7
Weighted average shares of common stock outstanding	48.7	51.1
Common equivalent shares:
Assumed exercise of dilutive options, restricted shares, restricted stock units and performance share units	0.1	0.2
Weighted average common and common equivalent shares outstanding	48.8	51.3
Basic earnings per share	$ 0.76	$ 0.70
Diluted earnings per share	$ 0.76	$ 0.70
Shares excluded from the determination of potential common stock because inclusion would have been anti-dilutive	3.9	2

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 29, 2018	Dec. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (588.1)	$ (521.7)	$ (602.1)	$ (529.4)
Cumulative Effect of New Accounting Principle in Period of Adoption	7.1
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	18.8	7.7
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0.2	0
Other Comprehensive Income (Loss), Net of Tax	19	7.7
Gain (Loss) Reclassification Adjustment From AOCI On Derivatives Before Tax	(0.5)	0.1
Gain (Loss) Reclassification Adjustment From AOCI On Derivatives, Tax	(0.2)	0.2
Amounts reclassified from accumulated other comprehensive loss, pension and other post-retirement items, prior service benefit, before tax	0.3	0.4
Amounts reclassified from accumulated other comprehensive loss, pension and other post-retirement items, actuarial losses, before tax		(0.1)
Amounts reclassified from accumulated other comprehenesive loss, pension and other post-retirement items, settlement or curtailment, before tax		(0.1)
Amounts reclassified from accumulated other comprehensive loss, pension and other post-retirement items, tax	(0.2)	(0.1)
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(562.2)	(491.8)	(579.1)	(501.9)
Cumulative Effect of New Accounting Principle in Period of Adoption	(3.8)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	20.7	10.1
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Other Comprehensive Income (Loss), Net of Tax	20.7	10.1
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(1.3)	0.9	1.7	1.6
Cumulative Effect of New Accounting Principle in Period of Adoption	(1.2)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(2.1)	(0.8)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0.3	0.1
Other Comprehensive Income (Loss), Net of Tax	(1.8)	(0.7)
Pension and Other Post-retirement Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	(24.6)	(30.8)	$ (24.7)	$ (29.1)
Cumulative Effect of New Accounting Principle in Period of Adoption	0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0.2	(1.6)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(0.1)	(0.1)
Other Comprehensive Income (Loss), Net of Tax	0.1	$ (1.7)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ (5)

Re-engineering and Impairment_3

Re-engineering and Impairment Costs (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018		Dec. 29, 2018
Restructuring Cost and Reserve [Line Items]
Write-down of inventories	$ 2.7	$ 2.3
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	4.3	7.6	[1]
Revitalization Plan July 2017 [Member]
Restructuring Reserve [Roll Forward]
Beginning of the year balance	23.3	45.4		$ 45.4
Re-engineering and impairment charges	3.1	7.6		15.9
Restructuring Reserve, Settled without Cash	0			2
Restructuring Reserve, Accrual Adjustment	0			5
Restructuring Reserve, Foreign Currency Translation Gain (Loss)	0.1			1.1
End of period balance	18			23.3
Revitalization Plan July 2017 [Member] | South America
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	0.4	0.4
Revitalization Plan July 2017 [Member] | North America
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	0.5	0.7
Revitalization Plan July 2017 [Member] | Asia Pacific
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	0.9	0.8
Revitalization Plan July 2017 [Member] | Europe
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	1.3	$ 5.7
Transformation Plan 2019 [Member]
Restructuring Reserve [Roll Forward]
End of period balance	0.8
Transformation Plan 2019 [Member] | Europe
Restructuring Reserve [Roll Forward]
Re-engineering and impairment charges	1.2
Severance | Revitalization Plan July 2017 [Member]
Restructuring Reserve [Roll Forward]
Cash expenditures	(6.5)			(27.1)
Other | Revitalization Plan July 2017 [Member]
Restructuring Reserve [Roll Forward]
Cash expenditures	$ (1.8)			$ (12.8)
[1]	(a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.

Leases (Details)

Leases (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018
Lease Expense Disclosure [Abstract]
Operating Lease, Expense	$ 13
Finance Lease, Right-of-Use Asset, Amortization	0.2
Finance Lease, Interest Expense	0.1
Leases Supplemental Cash Flow Disclosure [Abstract]
Operating Lease, Payments	(12.6)
Finance Lease, Interest Payment on Liability	(0.1)
Finance Lease, Principal Payments	(0.3)
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	7.7
Lease Balance Sheet Disclosure [Abstract]
Operating Lease, Right-of-Use Asset	82	$ 0
Operating Lease, Liability, Current	30.6
Operating Lease, Liability, Noncurrent	52.7	0
Operating Lease, Liability	83.3
Property, Plant and Equipment, Net	277.9	276
Finance Lease, Liability, Current	1.6
Finance Lease, Liability, Noncurrent	3.4
Finance Lease, Liability	$ 5
Operating Lease, Weighted Average Remaining Lease Term	4 years 7 months 6 days
Finance Lease, Weighted Average Remaining Lease Term	3 years 2 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	5.40%
Finance Lease, Weighted Average Discount Rate, Percent	4.80%
Lease Liability Maturity Schedule
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	$ 27.1
Lessee, Operating Lease, Liability, Payments, Due Year Three	14.5
Lessee, Operating Lease, Liability, Payments, Due Year Four	7.8
Lessee, Operating Lease, Liability, Payments, Due Year Five	5
Lessee, Operating Lease, Liability, Payments, Due after Year Five	15.9
Lessee, Operating Lease, Liability, Payments, Due	92.9
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	9.6
Finance Lease, Liability, Payments, Due Next Twelve Months	1.5
Lessee, Operating Lease, Liability, Payments, Due Year Two	22.6
Finance Lease, Liability, Payments, Due Year Two	1.4
Finance Lease, Liability, Payments, Due Year Three	1.4
Finance Lease, Liability, Payments, Due Year Four	1.1
Finance Lease, Liability, Payments, Due Year Five	0
Finance Lease, Liability, Payments, Due after Year Five	0
Finance Lease, Liability, Payments, Due	5.4
Finance Lease, Liability, Undiscounted Excess Amount	0.4
Operating Leases, Future Minimum Payments Due, Next Twelve Months		28.3
Operating Leases, Future Minimum Payments, Due in Two Years		19.2
Operating Leases, Future Minimum Payments, Due in Three Years		15.8
Operating Leases, Future Minimum Payments, Due in Four Years		8.3
Operating Leases, Future Minimum Payments, Due in Five Years		6.3
Operating Leases, Future Minimum Payments, Due Thereafter		25.3
Operating Leases, Future Minimum Payments Due		103.2
Capital Leases, Future Minimum Payments Due, Next Twelve Months		1.6
Capital Leases, Future Minimum Payments Due in Two Years		1.3
Capital Leases, Future Minimum Payments Due in Three Years		1.4
Capital Leases, Future Minimum Payments Due in Four Years		1
Capital Leases, Future Minimum Payments Due in Five Years		0
Capital Leases, Future Minimum Payments Due Thereafter		0
Capital Leases, Future Minimum Payments Due		5.3
Operating Leases, Rent Expense		32.2
Capital Lease Payments, Gross		$ 2.5
Finance Lease [Member]
Lease Expense Disclosure [Abstract]
Lease, Cost	0.3
Lease Balance Sheet Disclosure [Abstract]
Property, Plant and Equipment, Gross	18.2
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	9.8
Property, Plant and Equipment, Net	$ 8.4
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Renewal Term	1 year
Lessee, Finance Lease, Renewal Term	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Renewal Term	5 years
Lessee, Finance Lease, Renewal Term	5 years

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018		Dec. 29, 2018
Segment Reporting Information [Line Items]
Net sales	$ 487.3	$ 542.6
Segment profit	74	86.6
Unallocated expenses	(7.3)	(12.4)
Re-engineering and impairment charges (a)	(4.3)	(7.6)	[1]
(Loss) gain on disposal of assets	(0.9)	2.2
Interest expense, net	(9.6)	(10.4)
Income before income taxes	51.9	58.4
Total identifiable assets	1,438.8			$ 1,308.8
Europe
Segment Reporting Information [Line Items]
Net sales	138.6	143.9
Segment profit	17.7	12.4
Total identifiable assets	335.2			291
Asia Pacific
Segment Reporting Information [Line Items]
Net sales	156.1	172.2
Segment profit	30	37.9
Total identifiable assets	312.2			281.2
North America
Segment Reporting Information [Line Items]
Net sales	119.6	135
Segment profit	17.4	19
Total identifiable assets	294.1			250.9
South America
Segment Reporting Information [Line Items]
Net sales	73	91.5
Segment profit	8.9	17.3
Total identifiable assets	139.5			125
Corporate
Segment Reporting Information [Line Items]
Total identifiable assets	357.8			$ 360.7
Beauty and Personal Care Products [Member]
Segment Reporting Information [Line Items]
Net sales	$ 66.1	$ 72.8
[1]	(a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.

Debt (Details)

Debt (Details) $ in Millions		3 Months Ended
		Mar. 30, 2019USD ($)	Dec. 29, 2018USD ($)
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description		Loans made under the Credit Agreement will be composed of (i) “Eurocurrency Borrowings”, bearing interest determined in reference to the London interbank offered rate ("LIBOR") for the applicable currency and interest period, plus a margin, and/or (ii) “ABR Borrowings”, bearing interest at the sum of (A) the greatest of (x) the rate of interest publicly announced from time to time by JPMorgan Chase Bank, N.A. as its prime rate, (y) the NYFRB rate plus 0.5%, and (z) adjusted LIBOR on such day (or if such day is not a business day, the immediately preceding business day) for a deposit in U.S. dollars with a maturity of one month plus 1%, and (B) a margin.
Finance Lease, Liability		$ 5
Debt and Capital Lease Obligations		$ 970.8	$ 888.9
Debt Instrument, Covenant Description		maximum Consolidated Leverage Ratio of 3.75 to 1.0 and a minimum interest coverage ratio of 3.0 to 1.0
Unused lines of credit		$ 364.9
Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt		599.6	599.7
Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding	[1]	366.2	283.9
Line of Credit Facility, Current Borrowing Capacity		$ 650
Line of Credit Facility, Number of Occasions Permitted to Increase Borrowing Capacity		3
Line of Credit Facility, Additional Borrowing Capacity		$ 200
Line of Credit Facility, Maximum Borrowing Capacity		$ 850
Variable rate basis		LIBOR
Unused lines of credit		$ 282.2
Five-Year Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Weighted average interest rate on LIBOR-based borrowings		2.60%
Belgium Facility Capital Lease [Member]
Debt Instrument [Line Items]
Finance Lease, Liability		$ 5	5.3
Uncommitted Lines of credit [Member]
Debt Instrument [Line Items]
Unused lines of credit		82.7
Letter of Credit [Member] | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		50
Swingline [Member] | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		100
Subsidiaries [Member] | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 325
Minimum [Member] | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage		0.15%
Debt Instrument, Basis Spread on Variable Rate		0.375%
Minimum [Member] | Five-Year Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.375%
Maximum [Member] | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage		0.275%
Debt Instrument, Basis Spread on Variable Rate		0.875%
Maximum [Member] | Five-Year Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.875%
Euro | Five-Year Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding		$ 204.5	$ 186.8
[1]	(a) $204.5 million and $186.8 million denominated in euros as of March 30, 2019 and December 29, 2018, respectively.

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Net cash impact from hedging activity	$ 0.8	$ 5.4
Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	$ 3.7	6.1
Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer	12 months
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	$ 2.8	0.9
Cash Flow Hedging [Member] | Foreign exchange contracts | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount Before Tax reclassification from AOCI	0.5
Cash Flow Hedging [Member] | Foreign exchange contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	0	(1.1)
Net Equity Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives used in Net Investment Hedge, Net of Tax, Period Increase (Decrease)	(13.1)	(16.9)
Net Equity Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives used in Net Investment Hedge, Increase (Decrease), Gross of Tax	17.7	17.6
Net Equity Hedging [Member] | Foreign exchange contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	$ 0	$ (6)
Minimum [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Remaining Maturity Range	1 month
Maximum [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Remaining Maturity Range	15 months
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 1.2
Other Comprehensive Income (Loss) [Member] | Net Equity Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	3.8
Forward Points [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	0.8
Forward Points [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount Before Tax reclassification from AOCI	1
Forward Points [Member] | Net Equity Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives used in Net Investment Hedge, Increase (Decrease), Gross of Tax	$ 4.3

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Outstanding Derivative Financial Instruments at Notional Value) (Details) - Forward Contracts [Member] - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018
Derivative [Line Items]
Derivative Asset, Notional Amount	$ 87.9	$ 186.8
Derivative Liability, Notional Amount	89.1	$ 184.6
U.S. dollars | Long [Member]
Derivative [Line Items]
Derivative Asset, Notional Amount	28.8
Euro | Long [Member]
Derivative [Line Items]
Derivative Asset, Notional Amount	26.9
Switzerland, Francs | Long [Member]
Derivative [Line Items]
Derivative Asset, Notional Amount	19.9
Mexico, Pesos | Short [Member]
Derivative [Line Items]
Derivative Liability, Notional Amount	$ 26.2

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Company's Derivative Positions and Their Impact on Financial Position) (Details) - Significant Other Observable Inputs (Level 2) - Designated as Hedging Instrument [Member] - Foreign Exchange Contract [Member] - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018
Non-Trade Amounts Receivable [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset	$ 17.3	$ 26.7
Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	$ 16.6	$ 22.6

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Company's Derivative Positions and Their Impact on Company's Operations) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Fair Value Hedging [Member] | Other expense | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) recognized in income on derivatives	$ 17.3	$ 15.1
Amount of gain or (loss) recognized in income on related hedged items	(17.3)	(14.7)
Cash Flow Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	(2.8)	(0.9)
Cash Flow Hedging [Member] | Cost of products sold | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)		0.1
Amount Before Tax reclassification from AOCI	(0.5)
Cash Flow Hedging [Member] | Interest expense | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	0	(1.1)
Net Equity Hedging [Member] | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax	(17.7)	(17.6)
Net Equity Hedging [Member] | Euro Denominated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax	0.8	(4.1)
Net Equity Hedging [Member] | Interest expense | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	$ 0	$ (6)

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - Senior Notes Due 2021 [Member] - USD ($) $ in Millions	Mar. 30, 2019	Dec. 29, 2018	Jun. 02, 2011
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Stated interest rate			4.75%
Long-term Debt	$ 599.6	$ 599.7
Significant Other Observable Inputs (Level 2)
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value	$ 617.2

Retirement Benefit Plans (Detai

Retirement Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Amortization	$ (0.3)	$ (0.2)
Pension benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	1.9	2.6
Interest cost	1.5	1.4
Expected return on plan assets	(1.1)	(1.1)
Settlements and Curtailments	0	0.1
Net amortization	0	0
Net periodic benefit cost	2.3	3
Post-retirement benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0
Interest cost	0.1	0.1
Expected return on plan assets	0	0
Settlements and Curtailments	0	0
Net amortization	(0.3)	(0.3)
Net periodic benefit cost	(0.2)	(0.2)
Other Nonoperating Income (Expense) [Member]
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost	$ 0.2	$ 0.2

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 29, 2018
Income Taxes [Line Items]
Effective tax rate	28.90%	38.80%
Gross unrecognized tax benefit	$ 15.4		$ 15.1
Unrecognized tax benefits that would impact effective tax rate, if recognized	15.1
Accrued interest and penalties related to uncertain tax positions	5.4		$ 5.5
Decrease in Unrecognized Tax Benefits Reasonably Possible, Amount of Unrecorded Benefit	$ 3.3

Statement of Cash Flow Supple_2

Statement of Cash Flow Supplemental Disclosure (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Other Significant Noncash Transactions [Line Items]
Shares Paid for Tax Withholding for Share Based Compensation	23,088	20,145
Shares Paid For Tax Withholding For Share Based Compensation, Value	$ 0.7	$ 1

Stock Based Compensation (Detai

Stock Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 22.9
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	2 years 1 month 6 days
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at December 29, 2018	3,630,684
Weighted Average Exercise Price Per Share Outstanding, Beginning of Period	$ 55.66
Expired / Forfeited	(13,758)
Weighted Average Exercise Price Per Share Outstanding, Expired/Forfeited	$ 66.76
Outstanding at March 30, 2019	3,616,926
Weighted Average Exercise Price Per Share Outstanding, End of Period	$ 55.62
Outstanding Shares Subject to Option, Aggregate Intrinsic Value	$ 0
Exercisable at March 30, 2019	2,368,571
Weighted Average Exercise Price Per Share Exercisable, End of Period	$ 59.33
Options Exercisable at End of Period, Aggregate Intrinsic Value	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Stock Option Expense	$ 0.6	$ 0.8
Time Vested, Performance Vested and Market Vested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares Outstanding, Beginning of Period	684,184
Weighted Average Grant Date Fair Value, Beginning of Period	$ 47.68
Shares Outstanding, Vested	(89,796)
Weighted Average Grant Date Fair Value, Vested	$ 50.64
Shares Outstanding, Forfeited	(42,217)
Weighted Average Grant Date Fair Value, Forfeited	$ 51.96
Shares Outstanding, End of Period	647,878
Weighted Average Grant Date Fair Value, End of Period	$ 42.63
Time, Performance and Market Vested Share Awards Expense	$ 1.3	$ 2.5
Market Vested Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares Outstanding, Granted	42,365
Weighted Average Grant Date Fair Value, Granted	$ 27.12
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares Outstanding, Granted	111,536
Weighted Average Grant Date Fair Value, Granted	$ 30.90
Shares Outstanding, Performance Share Adjustments	(58,194)
Weighted Average Grant Date Fair Value, Performance Share Adjustments	$ 49.12

Allowance for Long-Term Recei_3

Allowance for Long-Term Receivables (Details) $ in Millions	3 Months Ended
	Mar. 30, 2019USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Long-Term Receivables Past Due	$ 16.8
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at December 29, 2018	16
Provision and reclassifications	0.8
Balance at March 30, 2019	$ 16.8

Guarantor Information (Details)

Guarantor Information (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018		Dec. 29, 2018	Dec. 30, 2017
Net sales	$ 487.3	$ 542.6
Other revenue	0	0
Cost of Products Sold	161.2	179
Gross margin	326.1	363.6
Delivery, sales and administrative expense	262.7	289.2
Re-engineering and impairment charges	4.3	7.6	[1]
(Loss) gain on disposal of assets	(0.9)	2.2
Operating income	58.2	69
Interest income	0.6	0.7
Interest expense	10.2	11.1
Income from equity investments in subsidiaries	0	0
Other (income) expense	(3.3)	0.2
Income before income taxes	51.9	58.4
Provision (benefit) for income taxes	15	22.7
Net income	36.9	35.7
Comprehensive income	55.9	43.4
ASSETS
Cash and cash equivalents	146.8			$ 149
Accounts receivable, net	167			144.7
Inventories	269			257.7
Non-trade amounts receivable, net	51.8			49.9
Intercompany receivables	0			0
Prepaid expenses and other current assets	21			19.3
Total current assets	655.6			620.6
Deferred income tax benefits, net	226.7			217
Property, plant and equipment, net	277.9			276
Operating Lease, Right-of-Use Asset	82			0
Long-term receivables, net	17.6			18.7
Trademarks and tradenames, net	52.3			52.9
Goodwill	77.5			76.1
Investments in subsidiaries	0			0
Intercompany notes receivable	0			0
Other assets, net	49.2			47.5
Total assets	1,438.8			1,308.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	81.5			129.2
Short-term borrowings and current portion of long-term debt and finance lease obligations	367.8			285.5
Intercompany payables	0			0
Accrued liabilities	347.6			344.4
Total current liabilities	796.9			759.1
Long-term debt and finance lease obligations	603			603.4
Intercompany notes payable	0			0
Operating Lease, Liability, Noncurrent	52.7			0
Other liabilities	170.2			181.5
Total shareholders' deficit	(184)	(108.4)		(235.2)	$ (119.4)
Total liabilities and shareholders' deficit	1,438.8			1,308.8
Operating Activities:
Net cash used in operating activities	(40.1)	(40.8)
Investing Activities:
Capital expenditures	(12.9)	(15.2)
Proceeds from disposal of property, plant and equipment	0.6	5.9
Net intercompany loans	0	0
Net cash used in investing activities	(12.3)	(9.3)
Financing Activities:
Dividend payments to shareholders	(33.9)	(35.4)
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees	0	0
Proceeds from exercise of stock options	0	0.2
Repurchase of common stock	(0.7)	(1)
Repayment of finance lease obligations	(0.3)	(0.5)
Net change in short-term debt	84.1	97.2
Payments of Debt Issuance Costs	(1.3)	0
Net intercompany borrowings	0	0
Net cash provided by financing activities	47.9	60.5
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	3.1	4.1
Net change in cash, cash equivalents and restricted cash	(1.4)	14.5
Cash, cash equivalents and restricted cash at beginning of year	151.9	147.2		147.2
Cash, cash equivalents and restricted cash at end of period	150.5	161.7		151.9
Parent
Net sales	0	0
Other revenue	0	0
Cost of Products Sold	0	0
Gross margin	0	0
Delivery, sales and administrative expense	1.5	3
Re-engineering and impairment charges	0	0
(Loss) gain on disposal of assets	0	0
Operating income	(1.5)	(3)
Interest income	5.5	5.1
Interest expense	9.5	9.2
Income from equity investments in subsidiaries	40.8	40.8
Other (income) expense	(0.5)	(0.6)
Income before income taxes	35.8	34.3
Provision (benefit) for income taxes	(1.1)	(1.4)
Net income	36.9	35.7
Comprehensive income	55.9	43.4
ASSETS
Cash and cash equivalents	0			0
Accounts receivable, net	0			0
Inventories	0			0
Non-trade amounts receivable, net	0			0
Intercompany receivables	310.5			309.2
Prepaid expenses and other current assets	1			1.1
Total current assets	311.5			310.3
Deferred income tax benefits, net	41.7			41.7
Property, plant and equipment, net	0			0
Operating Lease, Right-of-Use Asset	0
Long-term receivables, net	0			0
Trademarks and tradenames, net	0			0
Goodwill	0			0
Investments in subsidiaries	1,371.9			1,305.3
Intercompany notes receivable	486.6			515.3
Other assets, net	1.1			0.3
Total assets	2,212.8			2,172.9
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	0.1			0
Short-term borrowings and current portion of long-term debt and finance lease obligations	253.3			189.4
Intercompany payables	1,276.2			1,330.9
Accrued liabilities	265.6			278.6
Total current liabilities	1,795.2			1,798.9
Long-term debt and finance lease obligations	599.6			599.7
Intercompany notes payable	0			6.6
Operating Lease, Liability, Noncurrent	0
Other liabilities	2			2.9
Total shareholders' deficit	(184)			(235.2)
Total liabilities and shareholders' deficit	2,212.8			2,172.9
Operating Activities:
Net cash used in operating activities	3.8	(4.4)
Investing Activities:
Capital expenditures	0	0
Proceeds from disposal of property, plant and equipment	0	0
Net intercompany loans	22.2	(64.3)
Net cash used in investing activities	22.2	(64.3)
Financing Activities:
Dividend payments to shareholders	(33.9)	(35.4)
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees	0	0
Proceeds from exercise of stock options	0	0.2
Repurchase of common stock	(0.7)	(1)
Repayment of finance lease obligations	0	0
Net change in short-term debt	64.6	87
Payments of Debt Issuance Costs	(1.3)
Net intercompany borrowings	(54.7)	17.9
Net cash provided by financing activities	(26)	68.7
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	0	0
Net change in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of year	0	0		0
Cash, cash equivalents and restricted cash at end of period	$ 0	0		0
Guarantor
Equity Method Investment, Ownership Percentage	100.00%
Net sales	$ 0	0
Other revenue	19.9	21.7
Cost of Products Sold	9.6	10
Gross margin	10.3	11.7
Delivery, sales and administrative expense	18.9	22.3
Re-engineering and impairment charges	0.6	0.3
(Loss) gain on disposal of assets	0	0
Operating income	(9.2)	(10.9)
Interest income	0.7	0.5
Interest expense	13.2	15.5
Income from equity investments in subsidiaries	60.3	70.5
Other (income) expense	3	12
Income before income taxes	35.6	32.6
Provision (benefit) for income taxes	(3.4)	(6.3)
Net income	39	38.9
Comprehensive income	57.6	51.9
ASSETS
Cash and cash equivalents	0.3			0.3
Accounts receivable, net	0			0
Inventories	0			0
Non-trade amounts receivable, net	166.5			169
Intercompany receivables	1,358.4			1,430.1
Prepaid expenses and other current assets	5.3			3.7
Total current assets	1,530.5			1,603.1
Deferred income tax benefits, net	42.2			42.2
Property, plant and equipment, net	74.6			71.3
Operating Lease, Right-of-Use Asset	0.5
Long-term receivables, net	0.1			0.1
Trademarks and tradenames, net	0			0
Goodwill	2.9			2.9
Investments in subsidiaries	1,514.5			1,346.8
Intercompany notes receivable	97.7			95.4
Other assets, net	0.3			0.5
Total assets	3,263.3			3,162.3
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	3.8			5.7
Short-term borrowings and current portion of long-term debt and finance lease obligations	0			0
Intercompany payables	428.5			436.3
Accrued liabilities	57.7			69.2
Total current liabilities	490			511.2
Long-term debt and finance lease obligations	0			0
Intercompany notes payable	1,424.7			1,366.7
Operating Lease, Liability, Noncurrent	0.3
Other liabilities	47.4			48.1
Total shareholders' deficit	1,300.9			1,236.3
Total liabilities and shareholders' deficit	3,263.3			3,162.3
Operating Activities:
Net cash used in operating activities	(115.4)	(42.9)
Investing Activities:
Capital expenditures	(7.5)	(5.5)
Proceeds from disposal of property, plant and equipment	0	0
Net intercompany loans	53.6	(5.5)
Net cash used in investing activities	46.1	(11)
Financing Activities:
Dividend payments to shareholders	0	0
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees	0	0
Proceeds from exercise of stock options	0	0
Repurchase of common stock	0	0
Repayment of finance lease obligations	0	0
Net change in short-term debt	0	0
Payments of Debt Issuance Costs	0
Net intercompany borrowings	69.3	54.1
Net cash provided by financing activities	69.3	54.1
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	0	0
Net change in cash, cash equivalents and restricted cash	0	0.2
Cash, cash equivalents and restricted cash at beginning of year	0.3	0.1		0.1
Cash, cash equivalents and restricted cash at end of period	0.3	0.3		0.3
Non-Guarantors
Net sales	488.3	542.8
Other revenue	9.5	10.1
Cost of Products Sold	182	198.7
Gross margin	315.8	354.2
Delivery, sales and administrative expense	242.3	266.2
Re-engineering and impairment charges	3.7	7.3
(Loss) gain on disposal of assets	(0.9)	2.2
Operating income	68.9	82.9
Interest income	10.1	10.8
Interest expense	3.2	2.1
Income from equity investments in subsidiaries	0	0
Other (income) expense	(5.8)	(11.2)
Income before income taxes	81.6	102.8
Provision (benefit) for income taxes	19.5	30.4
Net income	62.1	72.4
Comprehensive income	93	98.3
ASSETS
Cash and cash equivalents	146.5			148.7
Accounts receivable, net	167			144.7
Inventories	269			257.7
Non-trade amounts receivable, net	96.1			71
Intercompany receivables	230.2			230.5
Prepaid expenses and other current assets	41.5			48.2
Total current assets	950.3			900.8
Deferred income tax benefits, net	142.8			133.1
Property, plant and equipment, net	203.3			204.7
Operating Lease, Right-of-Use Asset	81.5
Long-term receivables, net	17.5			18.6
Trademarks and tradenames, net	52.3			52.9
Goodwill	74.6			73.2
Investments in subsidiaries	0			0
Intercompany notes receivable	1,117.7			1,069.4
Other assets, net	76.5			75.3
Total assets	2,716.5			2,528
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	77.6			123.5
Short-term borrowings and current portion of long-term debt and finance lease obligations	114.5			96.1
Intercompany payables	194.4			202.6
Accrued liabilities	261.9			220.4
Total current liabilities	648.4			642.6
Long-term debt and finance lease obligations	3.4			3.7
Intercompany notes payable	277.3			306.8
Operating Lease, Liability, Noncurrent	52.4
Other liabilities	149.5			159.1
Total shareholders' deficit	1,585.5			1,415.8
Total liabilities and shareholders' deficit	2,716.5			2,528
Operating Activities:
Net cash used in operating activities	74.4	10.6
Investing Activities:
Capital expenditures	(5.4)	(9.7)
Proceeds from disposal of property, plant and equipment	0.6	5.9
Net intercompany loans	(64.3)	(56.7)
Net cash used in investing activities	(69.1)	(60.5)
Financing Activities:
Dividend payments to shareholders	0	0
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees	(2.7)	(1.2)
Proceeds from exercise of stock options	0	0
Repurchase of common stock	0	0
Repayment of finance lease obligations	(0.3)	(0.5)
Net change in short-term debt	19.5	10.2
Payments of Debt Issuance Costs	0
Net intercompany borrowings	(26.3)	51.6
Net cash provided by financing activities	(9.8)	60.1
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	3.1	4.1
Net change in cash, cash equivalents and restricted cash	(1.4)	14.3
Cash, cash equivalents and restricted cash at beginning of year	151.6	147.1		147.1
Cash, cash equivalents and restricted cash at end of period	150.2	161.4		151.6
Eliminations
Net sales	(1)	(0.2)
Other revenue	(29.4)	(31.8)
Cost of Products Sold	(30.4)	(29.7)
Gross margin	0	(2.3)
Delivery, sales and administrative expense	0	(2.3)
Re-engineering and impairment charges	0	0
(Loss) gain on disposal of assets	0	0
Operating income	0	0
Interest income	(15.7)	(15.7)
Interest expense	(15.7)	(15.7)
Income from equity investments in subsidiaries	(101.1)	(111.3)
Other (income) expense	0	0
Income before income taxes	(101.1)	(111.3)
Provision (benefit) for income taxes	0	0
Net income	(101.1)	(111.3)
Comprehensive income	(150.6)	(150.2)
ASSETS
Cash and cash equivalents	0			0
Accounts receivable, net	0			0
Inventories	0			0
Non-trade amounts receivable, net	(210.8)			(190.1)
Intercompany receivables	(1,899.1)			(1,969.8)
Prepaid expenses and other current assets	(26.8)			(33.7)
Total current assets	(2,136.7)			(2,193.6)
Deferred income tax benefits, net	0			0
Property, plant and equipment, net	0			0
Operating Lease, Right-of-Use Asset	0
Long-term receivables, net	0			0
Trademarks and tradenames, net	0			0
Goodwill	0			0
Investments in subsidiaries	(2,886.4)			(2,652.1)
Intercompany notes receivable	(1,702)			(1,680.1)
Other assets, net	(28.7)			(28.6)
Total assets	(6,753.8)			(6,554.4)
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	0			0
Short-term borrowings and current portion of long-term debt and finance lease obligations	0			0
Intercompany payables	(1,899.1)			(1,969.8)
Accrued liabilities	(237.6)			(223.8)
Total current liabilities	(2,136.7)			(2,193.6)
Long-term debt and finance lease obligations	0			0
Intercompany notes payable	(1,702)			(1,680.1)
Operating Lease, Liability, Noncurrent	0
Other liabilities	(28.7)			(28.6)
Total shareholders' deficit	(2,886.4)			(2,652.1)
Total liabilities and shareholders' deficit	(6,753.8)			(6,554.4)
Operating Activities:
Net cash used in operating activities	(2.9)	(4.1)
Investing Activities:
Capital expenditures	0	0
Proceeds from disposal of property, plant and equipment	0	0
Net intercompany loans	(11.5)	126.5
Net cash used in investing activities	(11.5)	126.5
Financing Activities:
Dividend payments to shareholders	0	0
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees	2.7	1.2
Proceeds from exercise of stock options	0	0
Repurchase of common stock	0	0
Repayment of finance lease obligations	0	0
Net change in short-term debt	0	0
Payments of Debt Issuance Costs	0
Net intercompany borrowings	11.7	(123.6)
Net cash provided by financing activities	14.4	(122.4)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	0	0
Net change in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of year	0	0		0
Cash, cash equivalents and restricted cash at end of period	$ 0	$ 0		$ 0
[1]	(a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.