Financial Instruments (Tables)

9 Months Ended

Sep. 29, 2013

Financial Instruments (Thousands of Dollars) [Abstract]

Schedule of Long-term Debt Instruments

The Company's financial instruments include cash and cash equivalents, accounts receivable, short-term borrowings, accounts payable and certain accrued liabilities. At September 29, 2013, September 30, 2012 and December 30, 2012, the carrying cost of these instruments approximated their fair value. The Company's financial instruments at September 29, 2013, September 30, 2012 and December 30, 2012 also include certain assets and liabilities measured at fair value (see Notes 6 and 8) as well as long-term borrowings. The carrying costs and fair values of the Company's long-term borrowings as of September 29, 2013, September 30, 2012 and December 30, 2012 are as follows:

	September 29, 2013				September 30, 2012				December 30, 2012
	Carrying Cost		Fair Value		Carrying Cost		Fair Value		Carrying Cost		Fair Value
6.35% Notes Due 2040	$	500,000		535,000		500,000		599,300		500,000		615,650
6.125% Notes Due 2014		430,424		437,750		439,011		459,680		436,526		455,175
6.30% Notes Due 2017		350,000		402,500		350,000		409,325		350,000		399,700
6.60% Debentures Due 2028		109,895		121,983		109,895		127,478		109,895		129,687
Total long-term debt		1,390,319		1,497,233		1,398,906		1,595,783		1,396,421		1,600,212
Less: Current portion		430,424		437,750		-		-		-		-
Long-term debt excluding current portion	$	959,895		1,059,483		1,398,906		1,595,783		1,396,421		1,600,212