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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 28, 2013
Compensation and Retirement Disclosure [Abstract]  
Schedule of Related Changes in the Benefit Obligations, Changes in Plan Assets, Funded Status, Amounts Recognized in the Balance Sheet, Amounts Recognized in Other Accumulated Comprehensive Income
The following table sets forth aggregated information related to the Company’s pension benefits and other postretirement benefits, including changes in the benefit obligations, changes in plan assets, funded status, amounts recognized in the balance sheet, amounts recognized in other accumulated comprehensive income, and actuarial assumptions that the Company considered in its determination of benefit obligations and plan costs. Benefit obligation balances presented below reflect the projected benefit obligation (PBO) for our pension plans, and accumulated postretirement benefit obligations (APBO) for our other benefit plans.
(In millions)
 
Pension Benefits
 
Other Benefits
 
 
2013
 
2012
 
2013
 
2012
Accumulated benefit obligation, end of year
 
$
180.6

 
$
191.4

 
$
12.6

 
$
14.5

 
 
 
 
 
 
 
 
 
Change in benefit obligation:
 
 

 
 

 
 

 
 

Benefit obligation, beginning of year
 
$
196.3

 
$
176.6

 
$
14.5

 
$
13.4

Service cost
 
1.8

 
1.5

 
0.1

 
0.1

Interest cost
 
7.6

 
8.2

 
0.5

 
0.6

Plan amendments
 

 

 

 
0.8

Actuarial (gain)/loss
 
(10.2
)
 
20.5

 
(1.0
)
 
1.2

Settlements paid
 
(0.8
)
 
(0.3
)
 

 

Benefits paid
 
(10.7
)
 
(10.6
)
 
(1.5
)
 
(1.6
)
Liability gain due to curtailment
 

 

 

 

Foreign currency exchange
 
0.7

 
0.4

 

 

Benefit obligation, end of year
 
$
184.7

 
$
196.3

 
$
12.6

 
$
14.5

 
 
 
 
 
 
 
 
 
Change in plan assets:
 
 
 
 
 
 
 
 
Fair value of assets, beginning of year
 
$
130.2

 
$
120.0

 
$

 
$

Actual return on plan assets
 
24.3

 
14.2

 

 

Company contributions
 
7.7

 
6.7

 
1.5

 
1.6

Settlements paid
 
(0.6
)
 
(0.3
)
 

 

Benefits paid
 
(10.7
)
 
(10.6
)
 
(1.5
)
 
(1.6
)
Foreign currency exchange
 
0.2

 
0.2

 

 

Plan assets, end of year
 
$
151.1

 
$
130.2

 
$

 
$

 
 
 
 
 
 
 
 
 
Funded status
 
$
(33.6
)
 
$
(66.1
)
 
$
(12.6
)
 
$
(14.5
)
 
 
 
 
 
 
 
 
 
Amounts recognized in balance sheet:
 
 

 
 

 
 

 
 

Deferred tax asset
 
21.2

 
32.2

 
1.2

 
1.9

Current liabilities
 
(3.2
)
 
(0.1
)
 
(1.3
)
 
(1.5
)
Noncurrent liabilities
 
(30.4
)
 
(66.0
)
 
(11.3
)
 
(13.0
)
Net liability, end of year
 
$
(12.4
)
 
$
(33.9
)
 
$
(11.4
)
 
$
(12.6
)
 
 
 
 
 
 
 
 
 
Amount recognized in accumulated other comprehensive income:
 
 

 
 

 
 

 
 

Net transition obligation
 
$

 
$

 
$

 
$

Prior service cost
 

 

 
1.0

 
1.2

Net actuarial loss
 
36.8

 
53.9

 
0.9

 
1.7

Total recognized in accumulated other comprehensive income
 
$
36.8

 
$
53.9

 
$
1.9

 
$
2.9



Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

The following table sets forth other changes in plan assets and benefit obligation recognized in other comprehensive income for 2013 and 2012:

(In millions)
 
Pension Benefits
 
Other Benefits
 
 
2013
 
2012
 
2013
 
2012
Net actuarial (gain)/loss
 
$
(24.6
)
 
$
16.5

 
$
(1.0
)
 
$
1.2

Prior service cost
 

 

 

 
0.8

Amortization of:
 
 

 
 

 
 

 
 

Net actuarial gain
 
(3.2
)
 
(1.9
)
 
(0.3
)
 
(0.1
)
Prior service credit
 

 

 
(0.4
)
 
(0.3
)
Settlement recognition
 
(0.7
)
 
(0.1
)
 

 

Transition asset
 

 

 

 
(0.2
)
Deferred tax asset/(liability)
 
11.4

 
(5.5
)
 
0.7

 
(0.7
)
Total recognized in other comprehensive income
 
$
(17.1
)
 
$
9.0

 
$
(1.0
)
 
$
0.7

Schedule of Assumptions Used
Assumptions used to determine domestic benefit obligations:

 
 
Pension Benefits
 
Other Benefits
 
 
2013
 
2012
 
2013
 
2012
Discount rate
 
4.75
%
 
4.00
%
 
4.50
%
 
3.50
%
Rate of increase in future compensation*
 
%
 
%
 
3.00 - 12.00% (Graded)

 
3.00 - 12.00%
(Graded)


*No rate of increases in future compensation used within assumptions for 2013 and 2012, as both Pension Plans were frozen effective December 31, 2011.

Assumptions used to determine domestic periodic benefit cost:

 
 
Pension Benefits
 
Other Benefits
 
 
2013
 
2012
 
2013
 
2012
Discount rate
 
4.00
%
 
4.75
%
 
3.50
%
 
4.50
%
Rate of increase in future compensation
 
%
 
%
 
3.00 - 12.00% (Graded)

 
3.00 - 12.00%
(Graded)

Expected long-term rate of return on plan assets
 
8.00
%
 
8.00
%
 
%
 
%
Schedule of Aggregated Net Periodic Benefit Cost and Other Benefit Cost
The following table sets forth the aggregated net periodic benefit cost for all pension plans for 2013, 2012, and 2011:

(In millions)
Pension Benefits
 
Other Benefits
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
Service cost
$
1.8

 
$
1.5

 
$
3.5

 
$
0.1

 
$
0.1

 
$
0.1

Interest cost
7.6

 
8.2

 
8.7

 
0.5

 
0.6

 
0.6

Expected return on assets
(10.0
)
 
(10.1
)
 
(10.8
)
 

 

 

Amortization of transition obligation

 

 

 
0.4

 
0.2

 
0.1

Settlement cost
0.1

 

 

 

 

 

Prior service cost

 

 
0.1

 
0.4

 
0.3

 
0.1

Loss
3.6

 
2.0

 
3.0

 

 
0.1

 

Net periodic benefit cost
$
3.1

 
$
1.6

 
$
4.5

 
$
1.4

 
$
1.3

 
$
0.9

Curtailment**

 

 
0.1

 

 

 

Settlement cost

 

 

 

 

 

Total net periodic benefit cost
$
3.1

 
$
1.6

 
$
4.6

 
$
1.4

 
$
1.3

 
$
0.9


**   These items for 2011 related primarily to the benefit plan redesign.

Schedule of Allocation of Plan Assets
As of December 28, 2013, funds were invested in equity, fixed income, and other investments as follows:

Equity
 
Percentage
U.S. Large Cap
 
46
%
World Equity ex-U.S.
 
17
%
U.S. Small / Mid Cap
 
8
%
Subtotal
 
71
%
 
 
 
Fixed Income
 
 
U.S. Core Fixed Income                                       
 
12
%
Long Duration Bond
 
8
%
High Yield Fixed Income                                     
 
3
%
Emerging Markets Debt                                     
 
2
%
Subtotal
 
25
%
 
 
 
Other
 
 
Insurance Contracts                                              
 
4
%
Cash Equivalents
 
%
Subtotal
 
4
%
Total
 
100
%
Schedule of Fair Value of Defined Benefit Plan Assets
The fair values of the Company’s pension plan assets for 2013 and 2012 by asset category are as follows:

(In millions)
 
2013
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable
 Inputs
(Level 3)
Equity
 
 
 
 
 
 
 
 
U.S. Large Cap
 
$
69.4

 
$
69.4

 
$

 
$

U.S. Small / Mid Cap
 
12.8

 
12.8

 

 

World Equity ex-U.S.
 
25.6

 
25.6

 

 

Fixed Income
 
 
 
 
 
 
 
 
U.S. Core Fixed Income
 
17.9

 
17.9

 

 

Long Duration Bond
 
11.5

 
11.5

 

 

High Yield Fixed Income
 
4.4

 
4.4

 

 

Emerging Markets Debt
 
3.7

 
3.7

 

 

Other
 
 
 
 
 
 
 
 
Insurance Contracts
 
5.8

 

 
5.8

 

Cash and Equivalents
 

 

 

 

Total
 
$
151.1

 
$
145.3

 
$
5.8

 
$


(In millions)
 
2012
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable
 Inputs
(Level 3)
Equity
 
 
 
 
 
 
 
 
U.S. Large Cap
 
$
55.2

 
$
55.2

 
$

 
$

U.S. Small / Mid Cap
 
9.2

 
9.2

 

 

World Equity ex-U.S.
 
21.9

 
21.9

 

 

Fixed Income
 
 
 
 
 
 
 
 
U.S. Core Fixed Income
 
16.4

 
16.4

 

 

Long Duration Bond
 
12.5

 
12.5

 

 

High Yield Fixed Income
 
4.2

 
4.2

 

 

Emerging Markets Debt
 
4.0

 
4.0

 

 

Other
 
 
 
 
 
 
 
 
Insurance Contracts
 
5.7

 

 
5.7

 

Cash and Equivalents
 
1.1

 
1.1

 

 

Total
 
$
130.2

 
$
124.5

 
$
5.7

 
$

Schedule of Expected Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:

(In millions)
 
Pension
 Benefits
 
Other
 Benefits
2014
 
$
14.3

 
$
1.4

2015
 
14.2

 
1.3

2016
 
14.0

 
1.2

2017
 
10.9

 
1.1

2018
 
11.0

 
1.0

Years 2019 through 2023
 
58.5

 
4.2

Schedule of Company Contributions to the 401(k) Plan
The following table sets forth Company contributions to the 401(k) Plan:

(In millions)
 
2013
 
2012
 
2011
Company contributions to the plan
 
$
5.3

 
$
5.0

 
$
1.9