FAIR VALUE (Tables)

9 Months Ended

Sep. 27, 2014

FAIR VALUE

Schedule of assets and liabilities measured at fair value on a recurring basis

Assets and liabilities measured at fair value on a recurring basis include the following as of September 27, 2014:

	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives and FX forward contracts	$	—	$	1.8	$	—
Other assets — FX embedded derivatives and investment in equity securities	—		0.9		5.4
Accrued expenses — FX forward contracts, FX embedded derivatives and commodity contracts	—		8.1		—
Other long-term liabilities — FX embedded derivatives	—		1.2		—

Assets and liabilities measured at fair value on a recurring basis include the following as of December 31, 2013:

	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives, FX forward contracts and commodity contracts	$	—	$	2.0	$	—
Other assets — Investments in equity securities	3.0		—		1.4
Accrued expenses — FX forward contracts and FX embedded derivatives	—		6.8		—
Other long-term liabilities — FX embedded derivatives	—		2.1		—

Schedule of reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

	Nine months ended
	September 27, 2014		September 28, 2013
Balance at beginning of period	$	1.4	$	7.5
Cash consideration received	—		(5.2		)
Unrealized gains (losses) recorded to earnings	4.0		(0.6		)
Balance at end of period	$	5.4	$	1.7

Schedule of estimated fair values of other financial liabilities (excluding capital leases) not measured at fair value on a recurring basis

	September 27, 2014				December 31, 2013
	Carrying				Carrying
	Amount		Fair Value		Amount		Fair Value
Senior notes	$	600.0	$	657.0	$	1,100.0	$	1,214.3
Term loan	575.0		575.0		475.0		475.0
Other indebtedness	264.2		264.2		27.6		27.6