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Shareholders' Equity (Tables)
9 Months Ended
Oct. 03, 2015
Stockholders' Equity Note [Abstract]  
Schedule Of Share-Based Compensation Activity
The table below presents share-based compensation activity for the nine months ended October 3, 2015 and September 27, 2014 (in millions):
 
 
2015
 
2014
Total intrinsic value of share-based incentive awards exercised
 
$
4.0

 
$
5.0

Cash received from stock option exercises
 
2.5

 
1.8

Income tax benefit from the exercise of stock options
 
1.5

 
1.9

Total fair value of share-based incentive awards vested
 
4.8

 
5.3

Schedule Of Assumptions Used In Black-Scholes Valuation For Options and SAR's
The assumptions used in the Company's Black-Scholes valuation related to grants for options and SAR's were as follows:
 
2015
 
2014
 
2013
Per share weighted average fair value of grants
$
27.16

 
$
28.01

 
$
23.01

Risk-free interest rate
1.9
%
 
2.0
%
 
1.1
%
Expected life (years)
7.0

 
7.0

 
7.0

Expected volatility
35.6
%
 
37.7
%
 
38.5
%
Expected dividend yield
1.2
%
 
1.2
%
 
1.2
%
Summary Of Share-Based Incentive Plan Grant Activity For Options and SAR's
Following is a summary of share-based incentive plan grant activity (options and SAR's) for the nine months ended October 3, 2015.
Number of Shares Under Options and SAR's
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value (in millions)
Outstanding at January 3, 2015
1,488,832

 
$
59.34

 
 
 
 
Granted
206,500

 
78.15

 
 
 
 
Exercised
(121,208
)
 
43.82

 
 
 
 
Forfeited
(17,500
)
 
66.53

 
 
 
 
Outstanding at October 3, 2015
1,556,624

 
$
62.95

 
5.9
 
$
5.4

Exercisable at October 3, 2015
958,541

 
$
57.05

 
4.5
 
$
5.4

Summary Of RSA Award Activity
Following is a summary of RSA award activity for the nine months ended October 3, 2015:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSAs at January 3, 2015
 
24,814

 
$
69.53

 
0.3
Granted
 
14,400

 
78.15

 
 
Vested
 
(24,814
)
 
69.53

 
 
Forfeited
 

 

 
 
Unvested RSAs October 3, 2015
 
14,400

 
$
78.15

 
0.6
Summary Of RSU Award Activity
Following is a summary of RSU award activity for the nine months ended October 3, 2015:

 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSUs at January 3, 2015
 
237,946

 
$
68.28

 
1.8
Granted
 
106,600

 
77.38

 
 
Vested
 
(67,701
)
 
63.86

 
 
Forfeited
 
(7,830
)
 
71.00

 
 
Unvested RSUs at October 3, 2015
 
269,015

 
$
72.91

 
2.0
Schedule Of Assumptions Used In Monte Carlo Simulation For Performance Share Units
The assumptions used in the Company's Monte Carlo simulation related to grants for performance share units were as follows:
 
October 3, 2015
 
September 27, 2014
Risk-free interest rate
1.0
%
 
0.9
%
Expected life (years)
3.0

 
3.0

Expected volatility
25.0
%
 
32.0
%
Expected dividend yield
1.2
%
 
1.1
%
Summary Of PSU Award Activity
Following is a summary of PSU award activity for the nine months ended October 3, 2015:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested PSUs at January 3, 2015
 
59,115

 
$
68.25

 
2.0
Granted
 
30,845

 
89.98

 
 
Vested
 

 

 
 
Forfeited
 
(2,065
)
 
70.97

 
 
Unvested PSUs October 3, 2015
 
87,895

 
$
75.81

 
2.1