Financial Instruments and Derivative Instruments (Tables)

9 Months Ended

Sep. 27, 2015

Financial Instruments and Derivative Instruments

Schedule of fair value of financial assets and liabilities

	Fair Value Measurements at September 27, 2015 Using:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	3.3	$	3.3	$	—	$	—
Total assets	$	3.3	$	3.3	$	—	$	—
Liabilities
Plan liability for deferred compensation(2)	$	3.3	$	3.3	$	—	$	—
Total liabilities	$	3.3	$	3.3	$	—	$	—

	Fair Value Measurements at December 31, 2014 Using:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	4.0	$	4.0	$	—	$	—
Total assets	$	4.0	$	4.0	$	—	$	—
Liabilities
Plan liability for deferred compensation(2)	$	4.0	$	4.0	$	—	$	—
Contingent consideration(3)	2.5		—		—		2.5
Total liabilities	$	6.5	$	4.0	$	—	$	2.5

(1) Included on the Company’s consolidated balance sheet in other assets (other, net).

(2) Included on the Company’s consolidated balance sheet in accrued compensation and benefits.

(3) Included on the Company’s consolidated balance sheet in accrued expenses and other liabilities as of December 31, 2014.

Schedule of carrying amount and estimated fair market value of the company's long-term debt, including current portion

	September 27,		December 31,
	2015		2014
	(in millions)
Carrying amount	$	578.0	$	579.7
Estimated fair value	$	590.1	$	599.3