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FAIR VALUE (Tables)
6 Months Ended
Jul. 01, 2017
Fair Value Disclosures [Abstract]  
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 July 1, 2017 and December 31, 2016 (in millions):
 
 
July 1,
2017
 
December 31,
2016
 
Classification
Assets:
 
 
 
 
 
Prepaid Expenses and Other Current Assets:
 
 
 
 
 
Derivative Currency Contracts
$
10.1

 
$
2.8

 
Level 2
Derivative Commodity Contracts
5.2

 
7.3

 
Level 2
Other Noncurrent Assets:
 
 
 
 
 
Assets Held in Rabbi Trust
5.5

 
5.4

 
Level 1
Derivative Currency Contracts
5.1

 
0.4

 
Level 2
Derivative Commodity Contracts
0.2

 

 
Level 2
Liabilities:
 
 
 
 
 
Current Hedging Obligations:
 
 
 
 
 
Interest Rate Swap
1.1

 
3.3

 
Level 2
Derivative Currency Contracts
13.2

 
45.7

 
Level 2
Derivative Commodity Contracts
0.2

 

 
Level 2
Noncurrent Hedging Obligations:
 
 
 
 
 
Derivative Currency Contracts
1.1

 
17.6

 
Level 2