Fair Value (Tables)

3 Months Ended

Apr. 04, 2015

Schedule Of Financial Assets And Liabilities At Fair Value

The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of April 4, 2015 and January 3, 2015 (in millions):



	April 4, 2015		January 3, 2015		Classification
Assets:
Prepaid Expenses and Other Current Assets:
Derivative Currency Contracts	$	2.5	$	1.6	Level 2
Derivative Commodity Contracts	3.6		2.3		Level 2
Other Noncurrent Assets:
Assets Held in Rabbi Trust	5.3		5.2		Level 1
Derivative Currency Contracts	1.2		—		Level 2
Liabilities:
Hedging Obligations (current):
Derivative Currency Contracts	15.1		17.5		Level 2
Derivative Commodity Contracts	11.5		12.2		Level 2
Hedging Obligations:
Interest Rate Swap	11.6		11.9		Level 2
Derivative Currency Contracts	14.1		10.5		Level 2
Derivative Commodity Contracts	—		0.1		Level 2

Summary Of Changes In Fair Market Value of Company's Level 3 Liabilities

The table below sets forth a summary of changes in fair market value of the Company’s Level 3 liabilities (in millions):



	Three Months Ended
	March 29, 2014
Beginning Balance	$	9.7
Valuation Adjustments	0.4
Payments	(0.3		)
Ending Balance	$	9.8

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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