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SHAREHOLDERS' EQUITY (Tables)
 6 Months Ended
Jul. 01, 2017
Stockholders' Equity Note [Abstract]  
Schedule Of Share-Based Compensation Activity
The table below presents share-based compensation activity for the six months ended July 1, 2017 and July 2, 2016 (in millions):
 
 
July 1,
2017
 
July 2,
2016
Total intrinsic value of share-based incentive awards exercised
 
$
3.1

 
$
0.3

Cash received from stock option exercises
 
0.4

 
0.5

Income tax benefit (expense) from the exercise of stock options
 
0.7

 
(0.1
)
Total fair value of share-based incentive awards vested
 
4.3

 
4.8
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The assumptions used in the Company's Monte Carlo simulation related to grants for performance share units were as follows:
 
July 1, 2017
 
July 2, 2016
Risk-free interest rate
1.6
%
 
0.9
%
Expected life (years)
3.0

 
3.0

Expected volatility
24.0
%
 
23.0
%
Expected dividend yield
1.3
%
 
1.7
%
The assumptions used in the Company's Black-Scholes valuation related to grants for options and SARs were as follows:
 
2017
 
2016
Per share weighted average fair value of grants
$
23.31

 
$
15.22

Risk-free interest rate
2.1
%
 
1.4
%
Expected life (years)
7.0

 
7.0

Expected volatility
28.6
%
 
29.6
%
Expected dividend yield
1.3
%
 
1.7
%
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 SARs) for the six months ended July 1, 2017.
Number of Shares Under Options and SARs
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value (in millions)
Exercisable at December 31, 2016
1,610,499

 
$
63.16

 
 
 
 
Granted
194,142

 
80.70

 
 
 
 
Exercised
(134,991
)
 
52.67

 
 
 
 
Forfeited
(1,180
)
 
54.61

 
 
 
 
Expired
(9,485
)
 
64.21

 
 
 
 
Outstanding at July 1, 2017
1,658,985

 
$
66.07

 
6.1
 
$
25.4

Exercisable at July 1, 2017
989,761

 
$
63.93

 
4.3
 
$
17.4
Summary Of RSA Award Activity
Following is a summary of RSA award activity for the six months ended July 1, 2017:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSAs at December 31, 2016
 
19,593

 
$
57.43

 
0.4
Granted
 
13,941

 
80.70

 
 
Vested
 
(19,593
)
 
57.43

 
 
Unvested RSAs at July 1, 2017
 
13,941

 
$
80.70

 
0.9
Summary Of RSU Award Activity
Following is a summary of RSU award activity for the six months ended July 1, 2017:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSUs at December 31, 2016
 
277,863

 
$
69.23

 
1.7
Granted
 
75,614

 
80.46

 
 
Vested
 
(78,625
)
 
75.15

 
 
Forfeited
 
(1,634
)
 
67.90

 
 
Unvested RSUs at July 1, 2017
 
273,218

 
$
70.64

 
2.1
Summary Of PSU Award Activity
Following is a summary of PSU award activity for the six months ended July 1, 2017:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested PSUs at December 31, 2016
 
133,340

 
$
65.28

 
2.0
Granted
 
48,403

 
90.80

 
 
Vested
 
(110
)
 
83.74

 
 
Forfeited
 
(24,705
)
 
83.21

 
 
Unvested PSUs at July 1, 2017
 
156,928

 
$
70.31

 
2.4