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SHAREHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 28, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Share-Based Compensation Activity
The following table presents share-based compensation activity for the nine months ended September 28, 2019 and September 29, 2018 (in millions):
 
 
September 28, 2019
 
September 29, 2018
Total Intrinsic Value of Share-Based Incentive Awards Exercised
 
$
5.1

 
$
4.9

Income Tax (Expense) Benefit from the Exercise of SARs
 
(0.1
)
 
0.1

Total Fair Value of Share-Based Incentive Awards Vested
 
5.4

 
4.0
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table presents assumptions used in the Company's Black-Scholes valuation related to grants of SARs:
 
2019
 
2018
Per share weighted average fair value of grants
$
20.84

 
$
22.73

Risk-free interest rate
2.4
%
 
2.9
%
Expected life (years)
7.0

 
7.0

Expected volatility
25.0
%
 
27.8
%
Expected dividend yield
1.5
%
 
1.4
%

The assumptions used in the Company's Monte Carlo simulation were as follows:
 
September 28, 2019
 
September 29, 2018
Risk-free interest rate
2.3
%
 
2.7
%
Expected life (years)
3.0

 
3.0

Expected volatility
25.0
%
 
25.0
%
Expected dividend yield
1.5
%
 
1.4
%
Summary of Share-Based Incentive Plan Grant Activity For Options and SAR's
The following table presents a summary of share-based incentive plan grant activity the nine months ended September 28, 2019.
Number of Shares Under SARs
 
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value (in millions)
Outstanding as of December 29, 2018
 
1,539,368

 
$
69.31

 
5.6
 
$
16.0

Granted
 
188,809

 
81.81

 
 
 
 
Exercised
 
(341,514
)
 
66.13

 
 
 
 
Forfeited
 
(23,183
)
 
76.89

 
 
 
 
Expired
 
(4,068
)
 
74.37

 
 
 
 
Outstanding as of September 28, 2019
 
1,359,412

 
$
71.70

 
4.3
 
$
6.3

Exercisable as of September 28, 2019
 
943,239

 
$
69.26

 
2.4
 
$
5.5
Summary of RSA Award Activity
The following table presents a summary of RSA award activity for the nine months ended September 28, 2019:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested RSAs as of December 29, 2018
 
15,660

 
$
74.38

 
0.4
Granted
 
15,148

 
80.29

 
 
Vested
 
(15,660
)
 
74.38

 
 
Unvested RSAs as of September 28, 2019
 
15,148

 
$
80.29

 
0.6
Summary of RSU Award Activity
The following table presents a summary of RSU award activity for the nine months ended September 28, 2019:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested RSUs as of December 29, 2018
 
234,824

 
$
69.78

 
1.6
Granted
 
93,428

 
78.98

 
 
Vested
 
(136,138
)
 
64.45

 
 
Forfeited
 
(12,230
)
 
75.78

 
 
Unvested RSUs as of September 28, 2019
 
179,884

 
$
78.18

 
2.1
Summary of PSU Award Activity
The following table presents a summary of PSU activity for the nine months ended September 28, 2019:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested PSUs as of December 29, 2018
 
167,840

 
$
71.71

 
1.8
Granted
 
43,683

 
85.54

 
 
Vested
 
(60,553
)
 
65.85

 
 
Forfeited
 
(56,484
)
 
66.61

 
 
Unvested PSUs as of September 28, 2019
 
94,486

 
$
86.35

 
2.1